Monday, August 11, 2025
22.5 C
Lagos

NCC Restores Regulatory Services to Globacom

The Nigerian Communication Commission (NCC) has restored regulatory services to one of its licensees, Globacom Limited after it successfully cleared its outstanding debt obligations to the Commission for unpaid Spectrum Fees, Numbering Fees and Annual Operating Levy (AOL).

The Commission has also stepped down planned enforcement action against Globacom over its breach of extant regulations by failing to pay its debts despite several demand notices.

The Commission had temporarily withdrawn the suspension of regulatory services to Globacom in a letter dated May 22, 2023, titled “Re: Continuous Breach of Commission’s Laws and Regulations.”

The suspension of regulatory services to Globacom was automatically reinstated after it failed to meet the conditions for the earlier withdrawal.

 

spot_img
spot_img

Hot this week

UBA Group Chair, Tony Elumelu, Seeks Critical Measures to Drive Africa’s Development

L-R: President, Central African Republic, Faustin-Archange Touadéra and Group...

148 Nigerians Win ₦23m in Stanbic IBTC’s Reward4Saving Season 4 Promo

Stanbic IBTC Bank has successfully enhanced the financial well-being...

NCC Hosts National Broadband Mapping System in Abuja

L-R: Project Manager, Africa-BroadBand (BB) Maps, International Telecommunication Union (ITU),...

Sterling Bank Names First Beneficiaries of ₦2B ‘Beyond Education’ Fund

Sterling Bank, Nigeria’s leading financial institution, has announced the...

Former CFI of NAICOM, Sunday Thomas, to Chair NAIPE 2025 Conference

The Nigerian Association of Insurance and Pension Editors (NAIPE)...

Topics

TRENDS IN TALENT ACQUISITION FOR 2020

The hiring market has changed dramatically over the last...

Africa, ME Wearables Market Grow 66% in 2nd Qtr

The Middle East and Africa (MEA) wearables growth story...

Stock Market Statistics: Wednesday, 4th January, 2017

Market Cap (N'bn)              ...

N1bn Debt: Nigerian Braiding Firm to Continue Operations– AMCON

Contrary to some sponsored fake news regarding the fate...

Heirs Insurance Group Empowers 500 School Children, Communities through ‘The Good Project’

L-R: Ayodeji Akinwande, Brand Manager, Heirs Insurance Group; Ngozi...

Newly Appointed MD/CEO Of NAIC Resumes Office, Pledges Inclusive Reforms

The newly appointed Managing Director/Chief Executive Officer of the...

$1.5trn Niger Delta Blue Economy Excites UN, Expert Raises Environmental Concern

L-R: Mr Hilary Efanga, Researcher/Senior Lecturer, Maritime Academy of...

Kyari Seeks Academia-Industry Collaboration for Energy Sufficiency, Sustainability

The GCEO, NNPC Limited, Mr. Mele Kyari honoured with...
spot_img

Related Articles

Popular Categories

spot_imgspot_img