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NBC Issues Licence For Maiden Children’s TV In Nigeria

The National Broadcasting Commission (NBC) has granted a licence to Three Tees Entertainment Limited to operate Nigeria’s first-ever children’s television station. The company’s owner, Mr. Idowu Sowunmi, a seasoned player in Nigeria’s journalism industry, hinted that the new station, which will be sited in Lagos State, would cater specifically to the entertainment and educational needs […]

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WRC-23: Nigeria Signs Updated Radio Regulations to Deepen Global Connectivity

At the conclusion of the World Radiocommunications Conference (WRC) 2023, Nigeria joined other countries globally to sign the Final Act WRC-23, which constitutes a record of the decisions taken at the conference. The Final Act comprises both the new and revised provisions of the Radio Regulations, an international treaty governing the use of the radio-frequency […]

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CBN Restores FX Supply To BDCs With Stringent Compliance Guidelines

After about two years of suspending foreign exchange (FX) supply to Bureau De Change (BDC) operators in the country, the Central Bank of Nigeria (CBN) has announced the restoration of FX supply to the unofficial market dealers as part of its efforts to achieve improved efficiency of FX markets and stabilize the Naira exchange rate. […]

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Broadcasting Organisations Seek Waiver Of 2.5% Income Tax

….as NBC threatens to sanction debtor stations The Broadcasting Organisations of Nigeria (BON) has appealed to the Federal Government to review the 2.5% tax on income being paid to the NBC to relief the stations on current tax burdens as the National Broadcasting Commission (NBC) gave notice to withdraw licences of its member-stations over mounting […]

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NBC Fines DAAR Communications N.5Mn For Regulatory Infractions

The National Broadcasting Commission has fined DAAR Communications Plc N500,000 for alleged  continuous violations of the provisions of the broadcasting code. The NBC’s Head of Public Affair, Mrs. Maimuna Jimada, announced the sanction through a statement issued today in Abuja. Specifically, the industry regulator alleged that Political Platform, a Raypower programme, and its anchors contravened the broadcasting […]