DPR To Oil Marketers: Curb Accidents Or Lose Licences     The Department of Petroleum Resources has said fuel marketers and gas plant owners who fail to meet the minimum safety training requirements will lose their licences starting from September. The Director/Chief Executive Officer, DPR, Mr Sarki Auwalu,...

FG May Revoke Abuja, Seven Discos’ Licences   The Federal Government may cancel the licences of eight power distribution companies as the Discos breached some provisions of the Electric Power Sector Reform Act in July 2019. According to the Nigerian Electricity Regulatory Commission, the eight power firms...

NCC Says "Infracos May Lose Licences Over Slow Rollout" The Executive Vice- Chairman of the Nigerian Communications Commission, Prof Umar Danbatta, has warned infrastructure service providers that failure to rollout broadband infrastructure within six months will lead to withdrawal of their licences. Speaking on the sidelines...

NERC Issues Licences For Additional 1,839.5MW   The Nigerian Electricity Regulatory Commission has issued six new licences, renewed three and extended one licence for investors planning to increase Nigeria’s electricity generation by about 1,839.5mw The licences were issued in the first quarter of 2018 as NERC noted...

CBN Revokes Nine Micro-finance Banks’ Licences In Niger   The National Association of Micro Finance Banks on Monday said that nine out of the 34 micro finance banks in Niger State have lost their operational banking licences. North Central Secretary of the association, Mr. Sado Daniel, made...

CBN Licenses 366 New BDC Operators The Central Bank of Nigeria issued new operational licences to 366 Bureau De Change operators between January 2018 and May 31, 2018, a new report by the apex bank indicated. The report on the ‘Functions, operational guidelines and compliance for...