Tag: licences
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FG licenses 11 new private universities
The Federal Government, has presented operational licenses to 11 newly approved private universities to expand access to quality tertiary education. The Minister of Education, Dr Tunji Alausa, at the presentation of the licences to the new private universities
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Tinubu approves licences for eleven fresh private varsities
President Bola Tinubu has approved the provisional licenses for eleven new private universities in Nigeria. The approvals were given at the Federal Executive Council (FEC) meeting held on Monday, 3rd March, 2025. The approvals were granted based on President Tinubu’s commitment to expanding the frontiers of educational opportunities and infrastructures in the county. Below is…
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Enugu Govt gives courier operators deadline to register, obtain licences
The Enugu Government has given logistics services providers a Dec. 1 deadline to register with the state government. Mr Emeka Ajogwu, the State Commissioner for Special Duties, made this known during a stakeholders’
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CBN withdraws operating licences of 42 microfinance banks [Full list]
The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected banks have been shut down. The Nigeria Deposit Insurance Corporation (NDIC) has stepped in to wind down the banks. In a statement, the NDIC said it would promptly commence the verification of claims of depositors from today.…
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NSE revokes licences of 38 stockbroking firms [Full list attached]
A total 38 stockbroking companies in the nation’s capital market have been expelled by the Nigerian Stock Exchange (NSE) over their acute level of inactivity, irredeemably weak operating status and infractions against the extant rules at the exchange. It was gathered that the operating licences of the affected firms have been revoked by the NSE…
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CBN issues operating licences to five new banks
Indications emerged that the Central Bank of Nigeria (CBN) recently issued licences to five new banks to carry out financial services in the country. According to sources, one of the new banks may commence operations this week. However, further findings revealed that most of the newly licensed lenders are planning to kick off banking operations…
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NSE revokes licences of 39 stockbroking firms [Full list attached]
…warns general public against further business transactions with affected firms The Nigerian Stock Exchange (NSE) on Friday formally revoked the licences of not less than 39 stockbroking companies in the country. TNG confirmed that the affected firms had their expulsion confirmed by the Council of the NSE on December 13, 2018. As a result, investors…