CAC Direct Payment Portal Launch Streamlines Registrations

The Corporate Affairs Commission (CAC) has added a direct‑payment feature to its Intelligent Company Registration Portal (iCRP), allowing users to settle fees for selected filings without using the previous Remita gateway. The announcement, posted on the commission’s official X account on Wednesday, emphasises that the change is intended to streamline registration services and improve overall service delivery.

The new payment option is part of the Revenue Optimization and Assurance Project (REV‑OP), which was launched in 2023 to strengthen public financial management in Nigeria. REV‑OP targets revenue leakages and seeks to increase transparency across government agencies through three pillars: transparency, efficiency and digital transformation. By integrating the payment function directly into iCRP, the CAC hopes to reduce processing times and provide a more seamless experience for businesses and individuals.

Effective immediately, the following services can be paid for through the portal’s ReVOps system: filing of annual returns, change of business address, cessation of business, change of name and change of objects. The commission also noted that other filings, such as changes to proprietor or partner details, remain classified as “Certified True” and will continue to follow the existing payment procedures.

Prior to this rollout, the CAC relied on the Remita payment gateway, which supported debit‑card transactions, bank transfers and in‑person branch payments. The shift to an integrated online payment model aligns with the Federal Government’s broader agenda to digitise public finance and enhance revenue collection through technology. REV‑OP’s real‑time monitoring capabilities are expected to facilitate data‑driven decision‑making and provide greater oversight of government revenue streams.

The introduction of direct payment on iCRP represents a notable step toward modernising Nigeria’s corporate regulatory framework. Stakeholders are encouraged to utilise the new system for eligible filings, while the CAC indicates that further enhancements to the portal may be forthcoming as part of its ongoing digital transformation efforts.

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