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    Home - MarketForces News - NCC Temporarily Suspends Issuance of Communications Licenses 
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    NCC Temporarily Suspends Issuance of Communications Licenses 

    Julius AlagbeBy Julius AlagbeMay 18, 2024No Comments1 Min Read
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    Ncc Temporarily Suspends Issuance Of Communications Licenses
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    NCC Temporarily Suspends Issuance of Communications Licenses 

    The Nigerian Communications Commission (NCC) says it has temporarily suspended the issuance of new licenses in some categories.

    The commission said the categories included interconnect exchange license, mobile virtual network operator license and value added service aggregator license.

    The Director of Public Affairs, NCC, Dr Reuben Muoka, in a statement in Abuja on Friday, said the commission acted in line with its powers under the Nigerian Communications Act (NCA) 2003.

    “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 May 17, new application for the aforementioned licenses will not be accepted.

    “This is without prejudice to pending applications before the commission will be considered on their merits.

    “Any enquiry or clarification in respect of this suspension notice should be forwarded to: licensing@ncc.gov.ng. #NCC Temporarily Suspends Issuance of Communications Licenses 

    KYC: Court Upholds Directive to Banks to Collect Customers Social Media Handles

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    Julius Alagbe
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    Julius Alagbe has about 2 decades of experience in finance, accounting and economics. A fantastic financial analyst with experience in the media, research and consulting industry.With an education background from top global institutes like Imo State University, the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Administration/Nigerian College of Administration, and Julius has focused on anything that trends, figures, and projections can explain.Apart from his reportage skills, Julius has cut his teeth in Due Diligence, Advisory Service, Research, and Training.

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