Import-Module : The specified module ‘Microsoft.Online.SharePoint.PowerShell’ was not loaded

When I import the SharePoint Online PowerShell module in PowerShell console, I am getting the error “Import-Module : The specified module ‘Microsoft.Online.SharePoint.PowerShell’ was not loaded“.

Import Module Command:

PS C:> Import-Module Microsoft.Online.SharePoint.PowerShell -DisableNameChecking

Error:

Import-Module : The specified module 'Microsoft.Online.SharePoint.PowerShell' was not loaded because no valid module file was found in any module directory.
At line:1 char:1
+ Import-Module Microsoft.Online.SharePoint.PowerShell -DisableNameChecking
+ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    + CategoryInfo          : ResourceUnavailable: (Microsoft.Online.SharePoint.PowerShell:String) [Import-Module], FileNotFoundException
    + FullyQualifiedErrorId : Modules_ModuleNotFound,Microsoft.PowerShell.Commands.ImportModuleCommand

Fix/Solution:

The problem was solved for me after running the PowerShell console with elevated privilege (Run as administrator).