The Traffic NG

CAC

Business owners, legal practitioners, and corporate affairs agents across Nigeria have been thrown into deep frustration as the online portal of the Corporate Affairs Commission (CAC) has remained completely inaccessible for several days.

The persistent digital outage has brought essential corporate operations—such as new company registrations, business name reservations, and statutory filings—to a sudden halt nationwide.

Efforts to access the automated portal repeatedly yield “502 Bad Gateway” and “Internal Server Error” messages. This technical failure has left countless entrepreneurs stranded, making it impossible for startups and small businesses to formalize their operations, open corporate bank accounts, secure tech domain names, or execute crucial commercial contracts.

The current crisis follows a string of security and technical vulnerabilities plaguing the commission’s infrastructure. In mid-April, the CAC confirmed a security breach involving unauthorized access to parts of its information systems, following dark web allegations that about 25 million documents had been exfiltrated.

Although the agency previously enforced a temporary three-day shutdown for scheduled maintenance and implemented tighter security protocols, the system has continued to experience intermittent breakdowns, culminating in this total lockout.

A major source of frustration for stakeholders is the definitive silence from the commission. Disgruntled users have taken to social media platforms, particularly X (formerly Twitter), to criticize the agency for its failure to issue a public address regarding the downtime.

Accredited agents have lamented that they are completely stuck, unable to move past the landing page to perform basic tasks. Furthermore, attempts to reach the CAC helpdesk have proven unsuccessful, as customer support phone lines fail to connect, yielding only automated, looping response messages.

Before these severe system shocks, the CAC was processing an average of 10,000 business registration requests and handling 5,000 customer inquiries daily, utilizing an upgraded, AI-driven system designed to accelerate approvals. Because of the prolonged downtime, experts warn that the accumulating economic backlog will likely take weeks to clear even after full system restoration.

As of today, neither the Registrar-General nor the CAC’s official media channels have provided an official timeline for when the portal will return online, leaving the Nigerian business community in a state of prolonged legal and financial limbo.

Meta Begins 8,000 Global Job Cuts in AI-Driven Efficiency Strategy

Meta Platforms Inc. has commenced notifying staff across its global operations of a new wave of layoffs affecting approximately 8,000 roles. This major restructuring reflects the tech giant’s aggressive strategic pivot toward artificial intelligence and strict cost optimization.

According to an internal memo, the workforce reductions began on Wednesday morning, starting with employees in Asia before rolling out to United States operations later in the day.

This restructuring aims to streamline corporate operations while simultaneously redirecting significant capital toward advanced AI infrastructure and product development. While 8,000 roles are being cut, Meta has concurrently reassigned roughly 7,000 employees into newly formed AI-focused teams dedicated to building advanced tools and autonomous agents. Prior to this down-sizing exercise, Meta’s total workforce stood at just under 80,000 employees at the end of March.

To manage the fallout and execute the layoffs smoothly, Meta advised affected staff members to work remotely, with engineering and product divisions bearing the brunt of the cuts. In the internal memo, Meta’s Head of People, Janelle Gale, explained that the company is transitioning toward a flatter organizational model characterized by smaller “pods” or cohorts. Gale emphasized that this leaner structure is designed to accelerate decision-making speed, increase individual ownership, and boost overall corporate productivity.

However, the rapid transition has fueled internal friction and anxiety among staff. Rising unease is linked not only to job security but also to intrusive workplace monitoring. More than 1,000 Meta employees signed a petition protesting aggressive internal data-collection methods, which allegedly include tracking device-level activity like keystrokes and screen inputs to train Meta’s internal AI systems.

Financially, Meta’s strategy remains a high-stakes gamble. Chief Executive Officer Mark Zuckerberg has firmly established artificial intelligence as the company’s absolute priority, pledging over $100 billion in capital expenditure this year alone to match foundational AI rivals like Google and OpenAI.

While investors remain cautious about the long-term returns on such massive spending, analysts at Evercore estimate that these specific layoffs will yield around $3 billion in overhead savings. This latest round of cuts serves as a stark reminder of Meta’s ongoing “year of efficiency” and its commitment to automating internal workflows through code automation and AI integration.

CAC