Thursday, January 29, 2026
26.4 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

ITU Sets Path to Drive Digital Benefits for Citizens Worldwide

Member States of the International Telecommunication Union (ITU) agreed...

IMPI: Nigeria’s Economic Model under Tinubu to Deliver 5.5% GDP in 2026

One of Nigeria’s notable policy groups, the Independent Media...

Standard Bank Closes $250m Strategic Financing for Aradel Energy

Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited and...

First Asset Management Receives Upgraded Ratings from Agusto & Co, DataPro

First Asset Management, a subsidiary of FirstHoldCo Plc has...

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

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

Topics

Access Holdings Records N3.9tn Gross Earnings in 9 Months

Access Holdings Plc has announced its nine-month ended September...

Paylater, Credit Mobile App in Nigeria Tops 1m Customers

In Nigeria, a country of nearly 200 million people,...

BREAKING NEWS! MTN CEO Resigns over N1.04tr NCC Fine

Mr. Sifiso Dabengwa, the Chief Executive Officer of MTN Group has resigned with immediate effect over the N1.04 trillion ($5.2bn) fine imposed on MTNN Nigeria by the Nigerian Communications Commission (NCC) for failing to deactivate unregistered SIM cards. The resignation of Dabengwa was announced by the company early Monday.

Wema Bank Unveils Moruf Oseni as New CEO as Adebise Retires

Moruf Oseni Wema Bank Plc has announced the retirement of...

Guinea Insurance Holds 66th AGM, Pledges a Future of Sustained Profitability

L-R: Ademola Abidogun, Managing Director, Samuel Onukwue, Non-Executive Director,...

AFRICA RE, IFC Partnership to Empower African Farmers

Africa-Re’s partnership with IFC (A member of the World...

Business, Risk Leaders to Meet in Lagos Oct 2O

Leading risk management and insurance players, including key regional...

Stanbic IBTC: N30m Cash Prize for Customers in Reward4Saving Promo

Emmanuel Aihevba, Head, Main Market Clients, Stanbic IBTC Bank...
spot_img

Related Articles

Popular Categories

spot_imgspot_img