The Nigerian Communications Commission (NCC) has introduced a fresh set of Corporate Governance Guidelines for the telecom industry, aiming to strengthen accountability and compliance among operators.The new framework spells out strict penalties for non… | By Busola Bamidele on August 7, 2025 | The Nigerian Communications Commission (NCC) has introduced a fresh set of Corporate Governance Guidelines for the telecom industry, aiming to strengthen accountability and compliance among operators. The new framework spells out strict penalties for non-compliance, including revocation or suspension of operating licences, dissolution of company boards, and heavy financial sanctions. Read also: The move signals a tougher regulatory stance by the NCC to ensure telecom firms, including SMEs in the sector, uphold transparency, ethical leadership, and sound business practices. Small telecom service providers and startups are urged to review the guidelines closely to avoid sanctions and align with best governance standards. | | | |
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