NCC Corporate Governance Guidelines : Raising the Compliance Bar for Nigeria’s Telecommunications Sector

On 6th August 2025, the Nigerian Communications Commission (the “Commission”, “NCC”) issued the Corporate Governance Guidelines for the Communications Industry 2025 (“Guidelines”), rescinding the Nigerian Communications Commission Telecommunication Code of Corporate Governance 2016 (the “2016 Code”), and aligning the governance structures of telecommunications companies with the Nigerian Code of Corporate Governance 2018 , the Companies and Allied Matters 2020 (CAMA), and global best practices.