Monday, January 26, 2026
24.7 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

SERAP Sues Adelabu, NBET over ‘Failure to Account for Missing N128bn in Power Ministry’

Socio-Economic Rights and Accountability Project (SERAP) has filed a...

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

Nigerian Exchange Group Plc (NGX Group), in partnership with...

NDIC, EFCC Strengthen Collaboration to Enhance Asset Recovery, Prosecution of Bank Failure Offences

L-R: MD, Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson...

ONEDOSH Raises $3m Pre-Seed to Build Global Stablecoin Payment Rails

Money should move without borders. It doesn’t, yet. OneDosh has...

Unity Bank Unveils Enhanced Unifi Mobile App to Deepen Digital Banking Experience

Nigeria’s retail lender, Unity Bank Plc, has launched an...

Topics

The Need for Non-Oil Sector Development

The current state of oil prices in the international market is a divine blessing for Nigeria. It represents a unique opportunity for Nigeria to re-discover itself and diversify its sources of national revenue or slump into deeper financial crisis and poverty. It has been proven in the lives of individuals, organisations and nations, that certain negative experiences or consequences spurred them to innovations and critical thinking, and led them to greater heights. It is our hope that such could become of our own country.

Stanbic IBTC Supports UAC on Acquisition of CHI with Investment Banking Solution

Stanbic IBTC Holdings Plc proudly supported UAC of Nigeria...

Universal Insurance MD/CEO, Jeff Duru, Bags CIBN Associate Membership

  Dr. Jeff Duru Managing Director/CEO Universal Insurance Plc The Managing Director/CEO of...

Stock Market Statistics: Tuesday, 3rd January, 2017

Market Cap (N'bn)              ...

Sovereign Trust Insurance Reports N10bn Gross Premium in 2018

Despite the challenging economic environment that characterized operations of...

Sterling Launches Imperium Platform for Solar Energy Consumers

Sterling Bank Plc has launched a new and innovative...

NCC, CBN Set to Roll Out Refund Framework for Failed Airtime and Data Transactions

In line with the consumer-focused objectives of the Nigerian...

Nirsal Unlocks 70bn in Financing for Agriculture in 2025, Strengthens Role in Food Security

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending...
spot_img

Related Articles

Popular Categories

spot_imgspot_img