Kanyi Daily NewsKanyi Daily NewsKanyi Daily News
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
      • Instagrammers
      • Twitteratti
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Business
  • Sports
  • Lifestyle
    • Fashion
      • Fashion For Women
      • Fashion For Men
      • Who Wore It Better
      • Fashion We Like
      • Love Or Hate It
      • Style By
      • Style Star
    • Travel
    • Tech & Gadgets
    • Beauty
      • Makeup
      • Beauty Tips
      • Nails
    • Tips Tuesday / Life Hacks
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Reading: Globacom Limited, NCC Dragged to Court Over Alleged ₦20bn Spectrum Deal Breach
Font ResizerAa
Font ResizerAa
Kanyi Daily NewsKanyi Daily News
  • Home
  • News
  • Celebs
  • Business
  • Crime
Search
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Business
  • Sports
  • Lifestyle
    • Fashion
    • Travel
    • Tech & Gadgets
    • Beauty
    • Tips Tuesday / Life Hacks
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Follow US
© 2026 Kanyi Media.
Business

Globacom Limited, NCC Dragged to Court Over Alleged ₦20bn Spectrum Deal Breach

Editorial Desk
By
Editorial Desk
Published: December 13, 2025
SHARE

Telecommunications giant Globacom Limited, the Nigerian Communications Commission (NCC) and indigenous firm Megatech Engineering Limited have been hauled before the Federal High Court in Abuja over an alleged breach of contract involving a disputed spectrum licence deal valued at more than ₦20 billion.

Globacom Limited

The suit was filed by Mosakab Nigeria Limited and its promoter, Mashood Mustapha, who accuse the defendants of unlawfully breaching a consultancy agreement tied to the acquisition and subsequent sale of a 2.6GHz spectrum licence.

In the case, marked FHC/ABJ/CS/1534/2024, the plaintiffs are asking the court to nullify the sale of the spectrum licence from Megatech to Glo, alleging that the transaction was “tainted by fraud and illegality.”

Megatech Engineering Limited, Glo Mobile Limited and the NCC are listed as the first, second and third defendants respectively.

Court filings show that the plaintiffs, represented by George Ibrahim, SAN, of the law firm Ogwu James Onoja, SAN & Co, are also seeking an order compelling Megatech to honour a $10 million consultancy fee allegedly owed under an agreement executed on June 29, 2017.

According to the statement of claim, Mosakab Nigeria Limited was engaged in 2017 as a consultant to facilitate and secure the procurement of the 2.5/2.6GHz spectrum band for national telecommunications operations. The plaintiffs insist they fully discharged their contractual obligations, leading to Megatech’s eventual issuance of the licence by the NCC in March 2020.

Globacom Limited, NCC Dragged to Court Over Alleged ₦20bn Spectrum Deal Breach 1

They contend that despite playing a central role in the process, they were sidelined when the licence was later sold to Glo Mobile.

The plaintiffs are now asking the court to declare that they are entitled to $9,578,947 as the outstanding balance on the consultancy agreement, in addition to ₦50 million as the cost of litigation.

They are also seeking an order directing the NCC to revoke the 2.6GHz spectrum licence originally issued to Megatech, arguing that it was obtained through their facilitation and should not have been transferred without settling their claims.

Justice Mohammed Garba Umar of the Federal High Court has fixed March 3, 2026, for the hearing of the suit.

The case is expected to test regulatory oversight in Nigeria’s lucrative telecommunications sector and could have far-reaching implications for spectrum licensing, consultancy agreements and corporate accountability within the industry.

Read Also:👇🏾

  1. Company Sues CBN Over ‘Trademark Infringement’ For Using The Name ‘eNaira’
  2. Elon Musk’s Twitter Threatens To Sue Mark Zuckerberg Over ‘Copycat’ Threads App
  3. Court Orders All Banks To Blacklist Nduka Obaigbena Over $225m Debt Dispute With First Bank
  4. Court ‘Empowers’ Innoson Motors To Take Over GTBank Over N8.8 Billion Dept

TAGGED:businesscourtGLOglo nigeriaNCCNews
ByEditorial Desk
Follow:
KanyiDaily.com Editorial team
Previous Article Police Arrest Imo JTF Personnel Filmed Harassing And Extorting Motorists [Video] 2 Police Arrest Imo JTF Personnel Filmed Harassing And Extorting Motorists [Video]
Next Article EFCC Denies Political Bias, Reveals Why Malami Is Still Detained EFCC Denies Political Bias, Reveals Why Malami Is Still Detained
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
WhatsAppFollow

Latest Post

2face Meets Defence Minister To Discuss ‘Using Music To Tackle Youth Violence’
2face Meets Defence Minister To Discuss ‘Using Music To Tackle Youth Violence’
20 Killed As Bandits Ambush Security Patrol In Plateau
20 People Killed As Bandits Attack Security Patrol In Plateau
"You're All Fools" - Rapper 2shotz, Slams Igbos supporting Tinubu's Government
“You’re All Fools” – Rapper 2shotz Slams Igbos Supporting Tinubu’s Government
Supporting Peter Obi Over Tinubu Was A 'Careless Mistake' - Cubana Chief Priest
Supporting Peter Obi Over Tinubu Was A ‘Careless Mistake’ – Cubana Chief Priest
Former Super Eagles Midfielder Henry Nwosu Dies At 62
Former Super Eagles Midfielder Henry Nwosu Dies At 62
Henry Nwosu, Ex Super Eagles Star And Youngest Member of Nigeria’s 1980 AFCON Squad Dead 4
Henry Nwosu, Ex Super Eagles Star And Youngest Member of Nigeria’s 1980 AFCON Squad Dead
Nigerian Student, One Other Die After Donating Plasma In Canada
Nigerian Student, One Other Die After Donating Plasma In Canada
Comedian Broda Shaggi Claims He Makes Over $40k Monthly From Youtube [Video]
Police Launch Probe After Shooting Incident Involving Broda Shaggi
North Korea Fires Missiles Towards Sea Of Japan As US-South Korea Hold Military Drills
North Korea Fires Missiles Towards Sea Of Japan As US-South Korea Hold Military Drills
Trump Claims Iran Has Been Totally Defeated, Vows US Won't Accept Any Deal
Trump Claims Iran Has Been Totally Defeated, Vows He Won’t Accept Any Deal
- Advertisement -
Ad imageAd image

Follow Our News Page On Facebook

Follow our entertainment Page on Facebook

PDP Crisis: I Dare You To Stop Political Ambition Of My Loyalists - Wike Replies Ayu
Politics

PDP Crisis: Wike Challenges Iyorchia Ayu To Stop Political Ambition Of His Loyalists

President Buhari Reacts As APC Chairman 'Taiye Olusola Abe' Dies In South Africa 6
News

President Buhari Reacts As APC Chairman ‘Taiye Olusola Abe’ Dies In South Africa

Former CBN Bankers Accuses EFCC Of Collecting Bribe To Release Them From Custody 8
News

Former CBN Bankers Accuses EFCC Of Collecting Bribe To Release Them From Custody

US Vice President, Mike Pence To Attend Joe Biden's Inauguration Despite Trump Absence 10
Politics

US Vice President, Mike Pence To Attend Joe Biden’s Inauguration Despite Trump Absence

President Buhari Gives Reason Why He's Going Slow In Fighting Corruption 12
News

President Buhari Gives Reason Why He’s Going Slow In Fighting Corruption

First Thing Dasuki Did When He Returned Home After 4 Years In DSS Detention [Photos] 14
News

First Thing Dasuki Did When He Returned Home After 4 Years In DSS Detention [Photos]

Buhari's Aide, Femi Adesina Reveals How He Parted Ways With Prophet Over His Prophecy
News

Buhari’s Aide, Femi Adesina Reveals How He Parted Ways With Prophet Over His Prophecy

Four Rescued As Helicopter Crashes With Building, Bursts Into Flames In Lagos
Metro

Four Rescued As Helicopter Crash Into Building, Burst Into Flames In Lagos [Video]

PHOTOSPEAKS

Tweet Fight Between Kenyan’s And Nigerian’s; – How It All Started

Issa Tchiroma Defeats Paul Biya In Cameroon’s Presidential Election
World News

Issa Tchiroma Defeats Paul Biya In Cameroon’s Presidential Election

Nigerian Woman Fights Her Husband, Destroys His Car Over Alleged Cheating [Video]
Videos

Nigerian Woman Fights Her Husband, Destroys His Car Over Alleged Cheating [Video]

Kanye West Announces His Intention To Contest For President In 2024 [Video]
Entertainment

Kanye West Announces His Intention To Contest For President In 2024 [Video]

Kanyi Daily News: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more.

Got a hot news tip or found something interesting you’d like us to feature? Hit us up with the details.

  • About KanyiDaily.com
  • Advertise
  • Claims of Infringement
  • Conditions Of Use
  • Contact Us
  • Media Inquiries
  • SUBMIT YOUR STORIES!
  • Tech Issues
  • Write For Kanyi Daily
  • Advertising Policy
  • Comment Policy
  • Editorial Policy
  • Privacy Policy
  • FAQ – Frequently Asked Question
Follow US
Kanyi Media 2026.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?