DUBAI, 9th January, 2022 (WAM) Under the directives of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, the Dubai Airport Freezone (DAFZ) today launched the ‘Talent Pass’ licence for freelance work (self-employment).
The new licence that will be available for people with special skills and expertise from around the world, aims to attract global talent and professionals in the fields of media, education, technology, art, marketing and consultancy.
The initiative is expected to.
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Oluchi Chibuzor
3Line Card Management Limited, Nigeria’s fintech firm has explained that it opted out of payment transaction switching services because it no longer aligns with its overall business strategy.
The explanation followed the revocation of firm’s Switching Services Licence by the Central Bank of Nigeria, due to its inability to meet up with its statutory obligations and conditions of the regulator.
In a statement, the company’s Managing Director/Chief Executive Officer, Femi Omogbenigun, disclosed that it had informed the regulatory authority that it was no longer interested in operating the licence.
“We actually wrote to CBN earlier this year, requesting that we want to put the licence on hold as we weren’t doing any switching business,” he stated.
Unified Access Service Licence
(UASL)
: This is a type of licence that permits
an entity to provide a wide range of services under a single
licence. It permits a licensed entity to build, operate and utilize
an International Gateway and a Network consisting of a Cellular
Communication System, a Fixed Wireless Access Telecommunications
System, Fixed Wireline Telecommunications System or a combination
of any of these systems comprising Radio, Cable or Satellite or
their combination, in the assigned Licence Area, deployed for the
purpose of providing point to point or switched/unswitched point to
multipoint Communications for the conveyance of voice, data, video