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The University of Nicosia was established in 1980 and its main campus is located in Nicosia, the capital city of Cyprus. It also runs study centres in Athens, Bucharest and New York.

The University comprises the School of Business, School of Education, School of Humanities and Social Sciences, School of Law, Medical School and the School of Sciences and Engineering. It offers more than 100 conventional on-campus and online/distance learning programmes of study at the Bachelor, Master and Doctorate level.

In offering some of its programmes, the University holds partnerships with the St George’s, University of London, Aristotle University of Thessaloniki, University of Peloponnese, University of Patras, Hellenic Open University, University of Padova, University of Zagreb, Western Sydney University, and MGIMO University.

In 2014, UNIC became the first university in the world to offer a Master of Science in Blockchain & Digital Currency and the first educational institution to accept Bitcoin for tuition payment. As of the graduating class of Spring 2017, UNIC publishes all diplomas of its graduating students (Bachelors, Masters, doctoral degrees) on the Bitcoin blockchain, offering instant online verification of degree authenticity.

In 2019, the University of Nicosia was recognised by QS World University Rankings as #91 among the top 100 universities in the Emerging Europe and Central Asia (EECA) Region. UNIC is also the first university in the European Union to receive a 5-star rating for Online/Distance Learning. This distinction was awarded following an assessment by the QS Intelligence Unit, a leading, independent, global university-rating agency.