Alexander Davis | 绿帽献妻

The Nigerian Communications Commission (NCC) recently launched a new set of corporate governance guidelines, designed to ensure sustainability of the significant telecommunications sector of the economy.

绿帽献妻 had reported the NCC disclosed it launched the 2025 Guidelines on Corporate Governance聽as an indication of an era of improved commitment enforcement to enhance audit standards, risk management, and transparency within the country鈥檚 telecommunications sector.

The telecoms sector regulatory Commision Friday, August 8, 2025, also said the fundmental objective of the fresh guidelines are 鈥渢o entrench a culture of sound corporate governance within communications companies, ensuring the highest standards of transparency, due process, data integrity, disclosure, accountability, and ethics across the industry.鈥�

The Commission noted that the Nigerian telecoms industry is currently valued at $9.52 billion 2025, and it is projected to grow to $11.97 billion by 2030, according to a recent report by Mordor Intelligence.

With over 200 million active subscriptions, the Nigerian telecoms sector is one of the West African country鈥檚 most strategic growth engines, it said.

Therefore, as one of the most critical drivers of the enraging Nigeria Digital Economy, the reported exponential growth of the sector has raised the stakes for ethical compliance and sound corporate governance.

Speaking at the launch event Wednesday, August 6, 2025, in Lagos, Dr. Aminu Maida, Executive Vice-Chairman and Chief Executive Officer (EVC/CEO) of NCC, emphasised the importance of the 2025 guidelines.

Maida noted that the new Corporate Governance codes for telecoms are not merely a compliance tool, but “a strategic framework for long-term sustainability, investment security, and digital trust in Nigeria鈥檚 fast-growing telecoms ecosystem.”