Tuesday, November 25, 2025
32.8 C
Lagos

NCC Suspends Issuance of Telecom Licenses in 3 Categories

The Nigerian Communications Commission (NCC) has issued a Public Notice ‘TEMPORARY SUSPENSION OF THE ISSUANCE OF COMMUNICATIONS LICENCES IN THREE (3) CATEGORIES’ commencing on Friday, May 17, 2024.

The public notice from NCC reads as follows:

In line with its powers under the Nigerian Communications Act (NCA) 2003 to grant and renew licences, promote fair competition and develop the Communications Industry, the Nigerian Communications Commission (the Commission) hereby informs all stakeholders of a temporary suspension on issuance of new licences in the following categories:

  1. Interconnect Exchange Licence
  2. Mobile Virtual Network Operator Licence
  3. Value Added Service Aggregator Licence

This temporary suspension is necessary to enable the Commission to conduct a thorough review of several key areas within these categories, including the current level of competition, market saturation and current market dynamics.

The public is invited to note that during the suspension period commencing on 17th of May, 2024, new application for the aforementioned licences will not be accepted. This is without prejudice to pending applications before the Commission which will be considered on their merits.

Any enquiries or clarifications in respect of this Suspension Notice should be forwarded to: [email protected].

Date this 17th day of May 2024.

 

Reuben Muoka

Director, Public Affairs

Nigerian Communications Commission

spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Pension Managers wins Best PFA Nigeria 2025 at Global Banking & Finance Awards

With a legacy built on trust, innovation, and results,...

Ibru Varsity Pro-Chancellor, Anthony Kila, to Chair Business Journal Annual Lecture 2025

Professor Anthony Kila, Pro-Chancellor, Michael & Cecilia Ibru University,...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

EFCC Invests in Digital Forensics to Tackle Emerging Crime Challenges

L-R: Dr. Abidemi Cornelius Adegboye, Department of Economics, University...

Topics

Buhari Commends Insurance Sector on Free Insurance Cover for Frontline Workers

  President Muhammad Buhari has commended the insurance sector for...

Maida: Stakeholder Input Crucial in Utilising Emerging Technologies

Speech the Executive Vice Chairman (EVC)/Chief Executive Officer (CEO), Nigerian...

McKinsey: Africa, World’s Next Big Growth Market

A new book by McKinsey confirms that Africa is...

Transcorp Power Grows Topline by 57.03%, Profit by 75%-Declares Dividend of N3.13

  Mr. Peter Ikenga Managing Director/CEO Transcorp Power Plc Transcorp Power Plc, one...

NISS Seeks Collaboration with NCC to Improve National Security

  National Institute of Security Studies (NISS) has engaged the...

Market Closes Flattish as Banking Stocks Rebound… NSE ASI up 2bps

The Local Bourse extended gains from the previous session...

NNPC Posts N3.3tn Net Profit, Declares N2.1tn Dividend

L-R: Permanent Secretary, Ministry of Petroleum Resources, Ambassador Nicholas...

Nigeria Needs $3tr to Plug Infrastructure Gap

Mr. Andrew Alli, President/CEO, Africa Finance Corporation (AFC), says...
spot_img

Related Articles

Popular Categories

spot_imgspot_img