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Magazine Afrique

Corporate Affairs Commission Of Nigeria Explains Reason Behind System Mismatch

CAC says its upgraded portal’s misalignment with partner agency systems has caused stamp duty payment failures.

Abdulraheem Fatimah by Abdulraheem Fatimah
August 8, 2025
in Business, News
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The Corporate Affairs Commission (CAC) has attributed recent failure issues on its stamp duties payment portal to incompatibility between its newly upgraded system and those of partner agencies.

The misalignment has disrupted processing, leaving some users unable to complete transactions.

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In a statement shared via its official X handle, CAC assured the public that resolution teams including engineers from partner agencies are working to restore seamless operations. A permanent fix is near completion, the commission said.

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Beyond just resolving the current glitch, CAC provided a glimpse into its product roadmap.

Over the coming weekend, the commission plans to roll out a simplified, AI-powered post-incorporation filing system, starting with streamlined handling of Annual Returns.

STAMP DUTIES PAYMENT UPDATE

We are aware of the difficulties some of our valued customers are facing in making Stamp Duties payments through our portal. pic.twitter.com/OVnSIjqP0f

— Corporate Affairs Commission (@cacnigeria1) August 8, 2025
Tags: Nigeria
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Abdulraheem Fatimah

Abdulraheem Fatimah

Fatimah Abdulraheem is an emerging digital journalist passionate about crafting compelling narratives for today's media landscape. She combines fresh perspectives with journalistic standards to create engaging content that resonates with diverse audiences.

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