General News
GTBank, LASG Collaborate On Sports Development
The Lagos State government has granted GTBank the sponsorship rights of the annual Principals Cup, a foremost sporting competition among secondary schools in the state.
GTBank last year entered into a strategic collaboration with Lagos State government in the area of sports development.
The competition introduced by the government as far back as 1940 for three years ending 2012 serves as a platform to foster camaraderie as well as identify local football talents at grassroots level while encouraging them to stay at school.
The final match stages of this year’s event come up in different venues in Lagos. The semi finals for both male and female teams will be played at Campos Stadium on Monday 29th and Tuesday 30th of March respectively while the finals and closing matches would be played in April at Teslim Balogun Stadium, Surulere.
Speaking at a media parley recently, Femi Adeniran, head, Media and Corporate Communication of the bank, gave reasons behind its huge investment in the laudable competition. The bank among other reasons said sports is a good platform through which academic excellence could be achieved among students. In addition through the programme it aims at creating local football stars who will be the country’s ambassadors to the international community, further enhance its business relationship with its host community, Lagos State, by partnering with them in their efforts at revamping the sporting event as a social and economic development tool, and to create role models for society through discovery, career development with its attendant empowerment of local football talents which abound in the country.
He explained that the sponsorship deals come in three parts which includes the establishment of heritage sites, Tournament Ambassadorial Programme (TAP), and Players development Programme (PDP).
Schools with long standing participation and pedigree in the competition have entered the honours list of Heritage Sites. For this year, St. Gregory’s College, Ikoyi; Birch Freeman College; Eko Boys High School as well as Anwaru Islam College made the list. They will be honoured at a ceremonial unveiling of the Heritage Site Pylon by the schools alumni and the GTbank executives at a future date yet to be announced. The occasion will also be spiced up with a novelty match among the schools.
The TAP is a mentorship programme developed by the bank to impact on students in the public secondary schools through capacity building. It involves motivational talks and interactive sessions by renowned professional in different fields of endeavour to challenge them to aspire to achieve excellence in the chosen career as well as become accountable. Unlike the TAP which has to do with the intellectual development, PDP is a special career development initiative designed to train and showcase young football talents to the national and international community.
Giving a progress report on the event so far, Adeniran said a total of 449 matches including 413 zonal preliminaries, 1 district finals and 24 state quarter/finals have been played by the 313 schools earmarked to participate in the tournament at inception on November 30, 2009.
52 of the participating schools have had their sporting infrastructures upgraded. The bank made a donation of balls, nets, corner flags, lining of pitches, weeding, and construction of pitch panels and upgrading of goal posts. A special tournament website has also been created.
Meanwhile the bank has assured that by the end of the sponsorship deal, it would have been able to embark on a complete overhaul of the sporting facilities in these schools.
General News
Nigeria Targets Satellite-to-Mobile Services in Draft Spectrum Roadmap

Nigerian Communications Commission (NCC) has unveiled a forward-looking strategy that places satellite-enabled mobile connectivity at the heart of the country’s drive to bridge its long-standing coverage gaps.

The draft Spectrum Roadmap for the Communications Sector for 2025 to 2030 lays out how satellite technologies could help deliver reliable voice and data services to millions of Nigerians who live beyond the reach of conventional mobile networks.
The direction is outlined in the Commission’s draft Spectrum Roadmap for the Communications Sector covering the period.
The proposed approach highlights non-terrestrial networks as a complement to existing mobile infrastructure, especially in areas where terrain, insecurity, or high costs limit the deployment of base stations.
The NCC said D2D satellite technology, which allows standard mobile phones to connect directly to satellites, is gaining traction globally as a means of delivering voice and data services without reliance on ground towers.
According to the regulator, the technology could help close persistent coverage gaps in rural, riverine, and border communities that remain outside the reach of conventional networks.
It also noted that satellite-backed connectivity could improve network reliability by providing alternative links during fibre cuts, power failures, or other disruptions affecting terrestrial systems.
The Commission added that wider adoption of D2D services could support emergency communications, public safety operations, Internet of Things applications, and services such as smart agriculture in underserved regions.
It also pointed to potential investment opportunities through partnerships between mobile network operators and satellite companies, including more efficient use of shared spectrum resources.
Beyond D2D services, the roadmap places emphasis on Low-Earth Orbit satellites to expand broadband access to remote parts of the country.
It also proposes better utilisation of Geostationary Orbit satellites and the exploration of high-altitude platforms, such as stratospheric balloons, to support mobile backhaul and rural connectivity.
The policy signals come shortly after Airtel Africa announced an agreement with SpaceX to introduce Starlink-powered direct-to-cell services in Nigeria.
The NCC’s roadmap is expected to shape future spectrum allocation, licensing decisions, and technology adoption across the telecommunications sector.
General News
House of Reps Releases Certified Copies of Tax Reform Acts amid Gazette Discrepancy Claims

House of Representatives has released certified true copies of the four tax reform Acts signed into law by President Bola Tinubu, addressing public concerns over alleged discrepancies between legislative versions and circulated gazetted documents.

Tax Reform Acts
House spokesperson, Akin Rotimi, disclosed this in a statement, noting that Speaker Tajudeen Abbas directed the immediate publication of the Acts—including endorsement and presidential assent pages—for public verification, in collaboration with Senate President Godswill Akpabio.
The move followed allegations raised by Rep. Abdulsamad Dasuki on the House floor, highlighting inconsistencies between Bills passed by the National Assembly and executive gazetted versions, which he warned could erode legislative integrity and public trust.
Abbas constituted a seven-member ad hoc committee chaired by Rep. Aliyu Betara, with members including Idris Wase, Sada Soli, Adedeji Faleke, Igariwey Iduma, Fred Agbedi and Babajimi Benson, to investigate the alleged alterations, unauthorised circulation and preventive measures.
The committee’s mandate includes probing circumstances around the discrepancies, while Abbas ordered internal verification and public release of certified copies to dispel doubts and safeguard legislative records. Legal experts, tax professionals and civil society had demanded clarification and implementation suspension amid heated debates triggered by Dasuki’s intervention.
The released laws comprise the Nigeria Tax Act, 2025; Nigeria Tax Administration Act, 2025; National Revenue Service Establishment Act, 2025; and Joint Revenue Board Establishment Act, 2025, described as foundational to modernising Nigeria’s tax system.
These reforms aim to enhance compliance, curb inefficiencies, eliminate overlaps and bolster fiscal coordination across federal, state and local tiers, following extensive stakeholder consultations, committee reviews and plenary debates under Abbas’s leadership.
Rotimi reassured Nigerians: “The National Assembly is an institution built on records, procedure, and institutional memory. Every Bill, every amendment, and every Act follows a traceable constitutional and parliamentary pathway.”
He emphasised that only National Assembly-certified versions hold authority, urging the public, institutions and stakeholders to disregard all other circulating documents as unofficial.
General News
MultiChoice Secures 12 Warner Bros. Discovery Channels in New Multi-Year Deal

MultiChoice, a CANAL+ company, has retained the distribution rights to 12 Warner Bros. Discovery thematic channels following the signing of a new multi-year, multi-territory agreement between CANAL+ Group and Warner Bros. Discovery, marking a significant expansion of their long-standing partnership.

MultiChoice
The new deal, which spans several regions across Africa and Europe, covers the distribution of HBO Max as well as the renewal of selected Warner Bros. Discovery thematic channels. It represents a major milestone in the companies’ international collaboration and strengthens content offerings across MultiChoice Group territories.
MultiChoice disclosed that this agreement builds on earlier partnerships concluded in Europe. “It builds on the landmark agreements concluded in France in 2024,including the renewal of the exclusive pay-TV window for Warner Bros. Pictures films just six months after their theatrical release in France and the integration of HBO Max within select CANAL+ group offers – as well as in Poland in 2025, with the renewal of the distribution agreement for 22 thematic channels (including TVN 24 and Eurosport) and 4 free-to-air channels (including TVN).”
Under the renewed arrangement, MultiChoice Group will continue to distribute 12 Warner Bros. Discovery thematic channels across its territories, with some channels offered on an exclusive basis. CNN International and Cartoon Network will remain exclusive to South Africa while being distributed non-exclusively in other markets. Cartoon Network Porto will be exclusive in Angola and Mozambique and non-exclusive elsewhere. Other channels such as Discovery Channel, TLC, HGTV, Food Network, TNT Africa, Travel, ID and Cartoonito will be offered on a non-exclusive basis.
According to the partners, the deal reinforces CANAL+ Group’s channel portfolio on the continent. “This agreement enables CANAL+ Group to strengthen its entertainment, kids, news, and documentary channel offerings in African markets.”
The agreement is also expected to improve access for CANAL+ Group subscribers to Warner Bros. Discovery’s premium content through HBO Max and selected channels, including globally recognised series and films, further extending the studio’s international reach while consolidating MultiChoice’s content offering in key markets.
News1 day agoCourt Sends Faleti, Ex-Lagos Director to Jail for Stealing ₦48.9m from Access Bank
E-Financial1 day agoRemita Powers over ₦100 Trillion in Payments as Nigeria’s Digital Economy Expands
News2 days ago974 Nigerians Face Imminent Deportation from Canada Amid Enforcement Surge
General News2 days agoHouse of Reps Releases Certified Copies of Tax Reform Acts amid Gazette Discrepancy Claims
E-Financial1 day agoWhy 2026 Must Be the Year Nigeria’s Economy Works for All
E-Financial1 day agoFlutterwave Acquires Nigeria’s Mono in $25m-$40m All-Stock Deal
General News1 day agoNigeria Targets Satellite-to-Mobile Services in Draft Spectrum Roadmap
E-Financial1 day ago2026: SEC to Review Rules to Incentivise SME Listings











