Broadcasting
Trike-tor Inventor Pulls N6m Investment on Dragons Den
Femi Odeleye, the last entrepreneur on episode 9 of Dragon’s Den came seeking 6 million naira to invest in the manufacture and assembly of the Trike-tor, in exchange for 20% equity.
The money was essentially intended to be used as the capital to facilitate the grant of a bank loan of 54 million naira and he assured the dragons that it would be returned intact in a situation where he is not granted the 54 million naira loan by the bank.
He was able to further convince the dragons of the viability of his business, by the fact that he had also succeeded in securing a patent for the product and the patent covers the design and concept behind taking a motorcycle and converting same into a three-wheeler tractor. The fact that he already had a patent for this design was an added incentive, which drastically reduced the risk of copycats replicating his technology once the product hit the market.
The dragons all indicated interest in the business and before long, negotiations had begun. They collectively demanded for 49% equity since Awosika had observed that it would be prudent to let the entrepreneur own the controlling equity in this business. They advised Odeleye to consult with a partner or his business advisor before making up his mind to accept or reject their offer and he did so, returning to announce his acceptance.
He was grateful for having the dragons on board his business and was even more satisfied with the deal because he had controlling equity in it.
This entrepreneur incidentally, will go down in the history of Dragons Den Nigeria as the first inventor to have slain five dragons with one idea – the Trike-tor, a three-wheeler tractor. Sure the farmers who have found it difficult to afford the conventional tractors, will definitely embrace the Trike-tor as cost-effective and easy-to-maintain machinery that will generate more profits for less running cost.
Also on this episode, we saw Timothy Adeusi, a photographer who came in search of 4 million, 270 thousand naira in exchange for 20% equity to move his digital photography business forward. But he failed to convince the dragons that he had a viable unique selling point or any particular trait that would stand him out as special in the sea of digital photographers.
Olugbenga Ogbamola, another entrepreneur came to pitch Tombstones.com – an online gallery where the bereaved could immortalize the memories of their lost loved ones in virtual reality while they could also pre-order their personal virtual tombstones which will be activated the moment they die. He asked for 2 million naira in exchange for 40% equity in this virtual cemetery. But the dragons considered his idea too morbid to inspire investment and all opted out.
Four other pitchers however, had visited the den seeking various investments without been able to convince the dragons to part with their money.
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.
Broadcasting
Transition to Digital TV to Unlock N605Bn New Revenue Streams – NBC

National Broadcasting Commission (NBC) has said that its planned Digital Switch-Over (DSO) project will create access to Nigeria’s N605.2 billion advertising market for broadcasters and content creators.

Speaking at a press conference, Charles Ebuebu, director-general, NBC, said the project is expected to officially launch nationwide on June 17, 2026, while analogue television broadcasting will completely end by December 31, 2028.
According to him, the switch from analogue to digital broadcasting will help government agencies deliver better television services across Nigeria in a way that is sustainable, reliable, and easier to regulate.
Ebuebu explained that digital broadcasting will allow broadcasters and content creators to earn more revenue because audience data can be measured more accurately.
He also said the project could benefit the economy through the release of valuable 700/800 MHz spectrum, which may generate more than $1 billion from future auctions.
The funds are expected to support digital infrastructure and expand broadband access in rural communities.
NBC added that Nigeria’s creative industry, which contributes about N5 trillion to GDP and supports more than 4.2 million jobs, could benefit from improved content distribution and export opportunities across West Africa using NigComSat-1R.
For consumers, NBC said the FreeTV service will not require monthly subscription payments. Households will only need a small satellite dish and an open-standard DVB-S2 decoder, estimated to cost between N15,000 and N25,000.
Broadcasters were encouraged to join the FreeTV platform and take advantage of an 18-month free carriage period.
However, the Commission noted that there is still an ongoing legal dispute involving local manufacturers over set-top boxes, although officials said this will not stop the national rollout.
On satellite expansion plans, Jane Egerton-Idehen, managing director and CEO, Nigerian Communications Satellite Limited, said NIGCOMSAT 2A is expected in 2028, while NIGCOMSAT 2B is planned for 2029.
She added that backup arrangements have already been made to ensure uninterrupted service and that migration to the new system will happen gradually across different regions to avoid nationwide disruptions.
Telecom3 days agoAba to Host MTN’s “The Gathering” with Pitchathon Offering ₦5 Million Prize Pool for Emerging Startup Founders
General News3 days agoPalmPay Young Star Awardee Hopes to Become a Governor
Telecom3 days agoMeta Unveils AI-Powered Business Agent to Support Customer Engagement
Telecom3 days agoData on Trial: MTN Opens Its Books to Public Scrutiny Over Data Consumption
News3 days agoJapan, UNESCO Boost Digital Learning in 15 CoEs with Donation of ICT Equipment
E-Business3 days agoKaspersky Reveals Credential Abuse Techniques Rank as Attackers’ Most Effective Tactic
Telecom3 days agoDigital Encode Calls for Immediate Action as Cyber Threats Escalate Nationwide
Telecom3 days agoNITDA DG Highlights Nigeria’s Digital Infrastructure Strategy at Datacloud Global Congress 2026













