Wednesday, March 4, 2026
32.9 C
Lagos

Business

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

Temi Popoola, Group Managing Director and Chief Executive Officer...

AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

 KEYNOTE SPEECH BY THE CHAIRMAN OF THE NIGERIA EXCHANGE...

Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

Insurance

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

Sovereign Trust Insurance Spreads Love with Fire Safety Drive

On Valentine's Day, Sovereign Trust Insurance Plc showed its...

Mutual Benefits Begins 2026 with ₦5.9bn January Claims Settlement

Mutual Benefits Assurance Plc, a leading Nigerian insurance company,...

Love That Protects: AIICO Takes Valentine’s Message to the Streets

In a vibrant twist to this year’s Valentine’s Day...

Business

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

Temi Popoola, Group Managing Director and Chief Executive Officer...

AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

 KEYNOTE SPEECH BY THE CHAIRMAN OF THE NIGERIA EXCHANGE...

Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

Insurance

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

Sovereign Trust Insurance Spreads Love with Fire Safety Drive

On Valentine's Day, Sovereign Trust Insurance Plc showed its...

Mutual Benefits Begins 2026 with ₦5.9bn January Claims Settlement

Mutual Benefits Assurance Plc, a leading Nigerian insurance company,...

Love That Protects: AIICO Takes Valentine’s Message to the Streets

In a vibrant twist to this year’s Valentine’s Day...

CTO Tasks Africa on Digital Broadcasting Switchover

In his opening address at the Digital Broadcasting Africa Forum 2016 which took on 11 – 13 May in Lagos, Nigeria, the Secretary-General of the Commonwealth Telecommunications Organisation (CTO), Shola Taylor called on African countries to meet their obligations from treaty agreements they have signed up to for ICTs.

“The region should put greater effort at meeting obligations from treaty agreements that they sign up to and in this case, they must accelerate the completion of the digital switchover process. Among other things, they must address the key challenges of funding, adequate regulatory frameworks consistent with new digital multimedia services, as well as the need for effective coordination with their neighbours,” said Taylor about the digital migration process in Africa.

Taylor also called on African countries to better value spectrum as a public good. “One obvious lesson from this process is that with continued advances in radio transmission technologies, we increasingly realise how valuable spectrum is as a finite resource, and regrettably also, how undervalued it has been in some parts of the region. So, whenever possible, while it is countries’ sovereign right to use spectrum as they see fit, it is our view that it must be made available on sound economic grounds first, including for the broadcasting sector itself,” Taylor added.

Speaking about the purpose of the event, Taylor said that it was aimed at reviewing the current state of digital migration in Africa and reflect on emerging trends in digital broadcasting and their likely impact on the continent’s broadcasting sector and on its economic development.

To provide practical support to the region on spectrum valuation, Taylor also announced a series of activities in support of member countries in the region, including a workshop to take place in August in South Africa on spectrum auctions as one means to derive value from spectrum, as well as a forum on spectrum management to take place in November in Cameroon. He also cited the readiness of the CTO to carry out spectrum audit for its members who indicate interest.

The Lagos event, which is attended by around 150 policymakers, regulators and broadcasting executives, focuses on the theme “The Pan-Africa Transition: Achieving Digital Migration Success”.

Discussions focused on:

· Broadcast technology trends
· Next-generation entertainment
· Creation of local content
· Digital migration and spectrum allocation

Co-hosted this year by the Ministry of Information and Culture of Nigeria, the Ministry of Communication Technology of Nigeria, the National Broadcasting Commission of Nigeria and Nigerian Communications Commission, the event builds on the successful Digital Broadcasting Switchover events series the CTO has held over the past 10 years in the region.

Hot this week

NCDMB: Remittance of 1% Nigerian Content Levy Still Mandatory

The Nigerian Content Development and Monitoring Board (NCDMB) on...

NCDMB Builds Capacity in Health Sector, Donates Hi-tech Equipment, Simulators to Bayelsa Medical University

A state-of-the-art Clinical Skills and Simulation Laboratory, fully equipped...

NCDMB Holds Lagos Midstream Workshop, Charges Operators on Compliance, New Policies

The Nigerian Content Development and Monitoring Board (NCDMB) has...

Stanbic IBTC Bank Nigeria PMI: New Orders Return to Growth, Inflation Eases to Lowest in Six Years

The Nigerian private sector returned to growth in February,...

Topics

BudgIT Tasks Buhari on N13tr Fuel Subsidy Corruption in 13 Years

To the detriment of socio-economic developments, Nigeria has spent...

DMO Seeks Transaction Parties for $3.3bn Eurobond 2020

      The Debt Management Office (DMO), on behalf of the...

The 2025 Almond Insurance Industry Awards Now Open for Voting

L-R: Mr. Obinna Chilekezie, Secretary, 2025 Almond Insurance Industry...

Densiva.ng: An Online Platform Where Vendors Can Sell Anything!

Densiva.ng is one of the leading online market-places in...

Polaris Bank: Positioning for Digital Leadership, Market Dominance-CEO

Leading digital financial institution, Polaris Bank Limited has assured...

ATIMS AWARDS: Kanye Tagbo-Okeke, a Nigerian Prodigy, Shines in New York

In a remarkable achievement that shines a spotlight on...

CBN Debunks Naira Devaluation Report as Fake News

The Central Bank of Nigeria (CBN) has debunked a...
Exit mobile version