Broadcasting
Dragons Emerge from Den, Make Offers
Akaku Ugochukwu, an entrepreneur has requested for the sum of N10 million to expand his food processing business in exchange of 22.5% equity in his company.
He planned to process locally sourced food ingredients into highly nutritive easy-to-cook food concentrates.
This is part of the highlights of first episode of Dragon’s Den Nigeria show which aired on Sunday, August 27.
Nwaji Jibunoh; the presenter had made a charming introduction of the dragons, thereby creating a desire for success in the would-be entrepreneurs.
Though Femi Tejuoso objected to being offered only 22.2% equity in a company that the entrepreneur expected the dragons to fully fund, he seemed interested in the business, especially when Ugochukwu mentioned that the equity was negotiable.
Alex Amosu then discovered that Ugochukwu’s customers comprised about 20 local caterers who baked Akara and Moi Moi. Ugochukwu professed to having made N800 thousand in the past one year, of which N600 thousand was his profit.
Ibukun Awosika told him, "with such a profit margin, your business is a cash-cow, you don’t need us, all you need to do is just plough back your profit into the business". But Chris Parkes wanted to know how Ugochukwu intended to market this product, to which he had no ready answer. His business proposal soon crumbled under heavy intellectual fire which saw all the Dragons opting out.
The second entrepreneur approached the Dragons brandishing two coconuts and a bottle. He asked for N35 million, but had no clear business plan on how to use the money. He fell under Alex’s fire which sealed his fate in the den.
The third entrepreneur who had a misconceived idea of the media industry faced the dragons with an idea to set up a one-stop entertainment and media training facility where he would train applicants to become actors, producers, and directors in one week through seminars.
This elicited negative reactions from Chris Parkes and John Momoh who pointed out that his idea was not feasible and not quite long after, he crashed out of the race.
The fourth entrepreneur, David Okafor wanted N25.5 million for his mobile enquiry service business and was ready to give up 20% equity. He talked about designing a mobile directory which would offer a bouquet of services from corporate organizations, and making it available to the public through dedicated short SMS codes.
This attracted Alex Amosu’s attention, who invested some money on the idea but later withdrew it because David’s idea lacked commercial viability. He lost out.
The fifth entrepreneur came with hopes of expanding his auto-refurbishing and auto-refinishing business with N10 million. He boasted of a turnover of N5 million for the past 3 years, with a profit of N2 million each year. Momoh’s attack came first, followed by Awosika’s and before this entrepreneur knew it, he lost out and went home with nothing.
The sixth entrepreneur, Modupe walked into the den, fidgeting with a piece of paper in her hands from which she read her name and business details, stuttering through her presentation, to the Dragon’s dismay.
She asked for N5 million for a business that aimed at empowering women through paid seminars, offering 15% equity to the dragons. She lost out however, for her lack of composure and on the premise that her proposed services were offered free by churches around Lagos, according to Awosika.
The last entrepreneur on this episode, Mohamed Umar, the proprietor of Cute Suites in Zamfara state asked for N50 million and offered 33.3% equity. His idea seemed promising at first but Ibukun Awosika’s observations revealed that his clientele base was narrow and coupled with the fact that he had no clear plan for revenue generation; he left the den with nothing but a pat on the back.
The highlight of his presentation however, was when he presented the Dragons each with a Cute Suits crested fez cap and T-shirt, despite the fact that they had turned down his proposal.
Broadcasting
IATA Drops Bombshell: Nigeria Among World’s Most Expensive Countries to Run an Airline

International Air Transport Association (IATA) has identified Nigeria as one of the most expensive countries in the world for airline operations, citing high taxes, charges and operational costs that continue to weigh heavily on local carriers.

IATA’s Regional Vice President for Africa and the Middle East, Kamil Al-Awadhi, disclosed this during the association’s Annual General Meeting held in Rio de Janeiro.
Al-Awadhi said that although Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, had been pursuing reforms aimed at improving the aviation sector, airlines operating in the country still faced enormous cost pressures.
According to him, the high-cost operating environment has continued to affect the profitability and competitiveness of Nigerian airlines, making it difficult for the industry to realise its full potential.
He noted that excessive taxes, regulatory charges and other operating expenses remained major obstacles to airline growth across the region, with Nigeria ranking among the most challenging markets from a cost perspective.
Al-Awadhi urged member states of the Economic Community of West African States to adopt a proposed 25 per cent reduction in aviation taxes and charges to ease the burden on airlines and passengers.
According to him, lowering taxes and charges would reduce airfares, stimulate passenger traffic and strengthen the competitiveness of carriers operating within West Africa.
He stressed that a more supportive policy environment was critical to unlocking the economic benefits of aviation, including increased trade, tourism and regional integration.
Industry stakeholders have consistently advocated lower taxes and regulatory fees, arguing that the current cost structure makes air travel less affordable and limits the growth of the sector.
IATA’s latest remarks add to calls for governments in West Africa to implement policies that will promote a more sustainable and competitive aviation industry across the region.
Broadcasting
NASENI Trains 50 Women in Kano on Renewable Energy Technologies Under She-Powers Initiative

The National Agency for Science and Engineering Infrastructure (NASENI), under the leadership of its Executive Vice Chairman/CEO, Khalil Suleiman Halilu, has trained 50 women in Kano State on inverter and battery technologies through its She-Powers Energy Initiative.

The three-day programme, held at the Technology Incubation Centre, Farm Centre, Kano which ended yesterday, was designed to equip participants with practical renewable energy skills, promote women-led enterprises, and enhance sustainable livelihoods.
The initiative forms part of NASENI’s broader commitment to empowering women, creating economic opportunities, and expanding participation in Nigeria’s growing clean energy sector. It also aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu by supporting job creation, entrepreneurship, and inclusive economic development.
Through targeted interventions such as the She-Powers Energy Initiative, NASENI continues to demonstrate its commitment to leveraging technology and innovation to improve lives and drive sustainable development across the country.
Photos: Participants at the She-Powers Energy Initiative training organised by the National Agency for Science and Engineering Infrastructure (NASENI) held at the the Technology Incubation Centre, Farm Centre, Kano yesterday.
Broadcasting
Good News for DStv Users: Watch over 160 Channels Without Paying Extra

MultiChoice Nigeria has launched a month-long promotional campaign tagged “Open Time”, offering eligible DStv subscribers access to higher viewing packages at no additional cost.

The promotion, which runs from June 1 to June 30, 2026, is aimed at rewarding existing customers, reconnecting subscribers and attracting new users across Nigeria.
Under the initiative, active subscribers on selected lower-tier packages, including Compact and Compact+, will automatically be upgraded to higher viewing tiers, with some customers gaining temporary access to Premium content during the promotional period.
According to the company, eligible subscribers will not be required to register or manually activate the offer, as upgrades will be applied automatically once subscription payments are confirmed.
In a statement announcing the campaign, MultiChoice said the initiative was designed to provide customers with access to a wider range of entertainment content and enhance viewing experiences.
“The Open Time initiative is a simple way for our customers to enjoy more of the stories they love and discover new content across genres, as long as their accounts remain active during the period,” the company stated.
The DStv Premium package, which currently costs N44,500 per month, offers access to more than 160 channels, including sports, movies, documentaries, children’s programming, news and lifestyle content.
MultiChoice said the offer applies to subscribers who maintain active accounts throughout the campaign period.
The company added that the promotion forms part of efforts to enhance customer value by providing broader access to entertainment content, including drama, sports, action and children’s programmes.
To participate, subscribers are required to make payments through approved channels such as the official DStv website, the MyDStv mobile application, USSD banking platforms and authorised payment agents.
The company clarified that all promotional upgrades would automatically expire at the end of June, after which subscribers would revert to their original subscription packages.
Industry analysts say the campaign comes amid increasing competition within Nigeria’s pay television and streaming market, where service providers are introducing incentives and value-added offerings to attract and retain customers.
MultiChoice said the initiative reflects its commitment to delivering quality entertainment and ensuring subscribers enjoy greater value from their subscriptions.
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