Broadcasting
Osun Based Firm Secures Broadcast Set-Top Boxes Contract
One of the emerging industrial concerns in Osun, the RLG/Adulawo Technology Company has secured a multi-billion Naira contract for the production of terrestrial broadcast set top boxes from the Nigeria Television Authority’s TV Enterprises.
This was made known in Osogbo on Monday evening by Mr Maxwell Loko, managing director of NTA Television Enterprise, who led a delegation of the company to the Governor after another inspection of the facilities at the RLG/Adulawo Technology Company.
The contract for the production of the Terrestrial Broadcast Set-Top Boxes (STB) for digital switch-over from analogue in the country is worth $30.5million.
Loko presented the contract paper to the state governor, Ogbeni Rauf Aregbesola, whose government partnered the Ghana-based RLG Technology Company since 2013 for the training of Osun youths under the Osun Youths Technology Trainings Acquisition Scheme, OYESTECH.
The Federal Government, through the management of the Nigerian Television Authority, Nigeria Television Authority TV Enterprise, said the decision to partner RLG Adulawo was a result of the capacity of the company to deliver on the terms and conditions attached to the contract.
RLG Adulawo Technology Factory which was established through the initiative of the Governor Rauf Aregbesola led administration in the state has in the last four years been one of the major manufacturers of commonly used electronics devices in Nigeria such as telephone handsets and computers.
The Managing Director, Nigerian Television Authority, NTA Television Enterprise, while presenting the letter of the contract to the Governor of the state, described the partnership as a milestone to promote local products and Made-in-Nigeria goods in the country.
He said the contract was awarded to the company in support of the Aregbesola’s commitment towards the promotion of science, technology and innovation.
Mr. Loko, who attributed the emergence of the RLG/Adulawo company as the winner of the contract to its dedication and commitment to scientific discoveries and technological advancement, declared that the contract was given to the company based on merit.
He said the decision was part of the agency’s motives towards enhancing strategic alliance, saying the partnership would go a long way in complementing the efforts of the state government to promote local products and as well provide job opportunities for the youths.
According to him, the company has installed capacity for 600,000 Set Top Boxes (STB) per month and it is expected to produce over a million STB before the June 2017 deadline.
“This is a technology in motion. This contract is a signal to the fact that Nigeria is also moving towards achieving an enhanced technology.
“This gesture would go a long way in encouraging other sectors to develop capacities that can make Nigeria compete favourably with her counterparts in terms of advanced science and technology.
“It is also a sign to the fact that the country is not only advancing technologically or scientifically but also has the capacity to promote locally made products, thus, generating wealth and creating jobs for her youths.
“Our partnership with the RLG/Adulawo which is an agency established by Osun Government is a clear manifestation towards the commitment of the state to promote science and technology”, he stressed.
Earlier, the Osun state Governor, while receiving the letter of the contract described the partnership as a breakthrough that will further boost the efforts of his administration on youth empowerment and economic progress.
Governor Aregbesola who recalled how the partnership for the establishment of RLG Adulawo started and its positive impacts on the job creation and youth empowerment in the state, expressed optimism on the ability and capacity of the Osun based company to deliver as expected within the time frame.
He recounted that the company (RLG Adulawo) had since its creation trained about 5000 youths in different technological areas and specialisations.
According to him, the establishment of the company had complemented the empowerment initiatives and programmes of the state.
“The inauguration of Osun Youths Empowerment Scheme (OYES) through which 40,000 youths were engaged and empowered among other programmes had continued to stimulate the state’s economy in all aspects”, he asserted.
Governor Aregbesola announced that another 20,000 youth for the third cycle of the Youth Empowerment Programme will be engaged before the end of this year.
On the award of manufacturing of a million Set Top Boxes in which about 30,000 pieces have already been delivered, Governor Aregbesola extolled President Muhammadu Buhari for his commitment to advancing science and technology.
He said the present administration has rescued the economy of the country from collapsing just as the sectors of the economy had been gradually re-energised.
Governor Aregbesola also lauded the keen determination of the Minister of Information and Culture, Alhaji Lai Mohammed for working towards the actualisation of the June 2017 deadline for the digital switch-over.
The Governor commended the efforts being put in place by the National Assembly to ensure a transparent process in the procurement of the decoders.
He said “the state would not disappoint them in its ability to deliver quality services”.
In his remarks, the Chairman Ad-hoc Committee of the House of Representatives on Digital Switch-over, Hon. Sunday Marshar-Katun, said the Committee was set up to supervise the process of STB procurement in order to meet up with the deadline, saying that this is part of efforts to ensure that Nigerians get value for money.
In his remarks, the representative of the Director General of National Broadcasting Commission, Eng Friday Ukwela, said out of 13 companies that are licenced to produce the Set Top Boxes, RLG Adulawo Technology City was one of the few to deliver.
Broadcasting
NBC Files Fresh Appeal against Judgment Barring it from Imposing Fines on Broadcast Stations
National Broadcasting Commission (NBC) has filed an application seeking the permission of the court of appeal to file a fresh appeal against the judgement of the federal high court in Abuja barring it from imposing fines on erring broadcast stations.
In the application filed at the court of appeal in Abuja by Dapo Akinosun, counsel to the NBC, the commission argued sanity in Nigeria’s broadcasting sector is under threat and that the public interest would be better served if the court grants the application.
On January 17, 2024, Rita Ofili-Ajumogobia, a judge at the federal high court in Abuja, restrained the NBC from imposing a N5 million fine on broadcast stations sanctioned in 2022 over allegations of “undermining Nigeria’s national security by broadcasting documentaries on banditry in Nigeria”.
The affected broadcast stations were Multichoice Nigeria Limited, owners of DSTV; TelCom Satellite Limited (TSTV); Trust-TV Network Limited; and NTA StarTimes Limited.
The suit was filed by Media Rights Agenda (MRA).
Dissatisfied with the ruling, the NBC appealed the judgement filed an appeal at the court of appeal in Abuja.
In June, the court of appeal dismissed the commission’s appeal, holding that it was “fundamentally defective” and incompetent.
Jane Inyang, lead judge of the panel, held that the parties before the lower court were identified as “Incorporated Trustees of Media Rights Agenda (as applicant) and National Broadcasting Commission (as respondent)” but in the notice of appeal the purported appellant was described as the “Nigerian Broadcasting Commission”,
The judge held that the discrepancy was significant and that the court lacked jurisdiction to entertain the commission’s appeal.
In the application, the NBC urged the court to grant it leave to raise and argue a fresh issue on appeal relating to the legal capacity of MRA to institute and maintain the original suit before the lower court.
The commission argued that the defect in the earlier notice of appeal, which resulted in the dismissal of its appeal, arose “solely from an inadvertent misdescription” of its name by its lawyer.
The NBC told the court that the subsisting judgement raises questions on the commission’s statutory powers to regulate broadcasting and enforce compliance with broadcasting standards in Nigeria.
The commission argued that the subsisting judgment is capable of creating uncertainty regarding its regulatory powers if it is allowed to stand.
The NBC also argued that without the pronouncement by the appellate court on the issues raised in the appeal, its regulatory framework would be weakened.
“A weakened regulatory framework may embolden non-compliance with established broadcasting standards, thereby increasing the dissemination of false, misleading and unverified information capable of causing unnecessary public anxiety, panic and social unrest,” the NBC said.
“Absence of effective regulatory oversight may further encourage irresponsible broadcasting practices and the misuse of broadcast and digital media platforms by persons who deliberately publish sensational, inaccurate or inflammatory content to intimidate, harass or unduly influence individuals, institutions and public discourse.”
David Adedeji Adeleke, known professionally as Davido, has shared his past suicidal thoughts as he dropped Oriadé, his sixth studio album yesterday.
Davido
Davido said he chose the date on purpose as it marks exactly 15 years since he began his professional music career.
Oriadé is a Yoruba word combining “Ori,” meaning destiny, and “Adé,” meaning crown.
It translates to “the crowned head.” The album has 13 tracks and features Black Sherif, Aya Nakamura, Leon Thomas, Mayorkun, and Llona.
It follows his 2025 project, 5ive, which reached number two on the Billboard World Albums chart.
Davido also announced an international tour to support the new record.
In the days leading up to the release, Davido gave interviews that revealed personal details about his past and his current life.
Speaking to Vibe Magazine on Thursday, he described a 2014 incident in Ghana that left him feeling suicidal.
He said he invited a woman back to his hotel room after a show, and she later posted a photo of him sleeping online.
He said the fallout overwhelmed him.
“My daddy was calling me. My sisters were calling me. If I saw the balcony that day, I would have jumped,” he said.
He said he was young at the time and did not fully understand the consequences of his actions.
He described the experience as a turning point that changed how he thinks about privacy and fame.
In the same interview, he explained why he often dresses down in public despite his wealth.
He recalled a trip to the South of France where he went out in shorts and slippers without his watch.
“I’ve been on jets, I’ve been flying, I’ve been in all these places since I was a baby. I’ve been seeing money since I was a baby. So all these things don’t really excite me,” he said.
He added that he sometimes prefers to drive a Toyota to the supermarket in Atlanta instead of one of his luxury cars.
In a separate livestream with Davrel, Davido spoke about how his life has changed since marrying his wife, Chioma, and becoming a father.
He said his home no longer holds the large crowds it once did.
“I can no longer have 100 people in my house like before,” he said.
He said he speaks to Chioma every day regardless of his schedule.
He also disclosed that he spends between $200,000 and $300,000 a month on himself, not including costs for his wife, children, jewelry and cars.
He said the amount is lower when he is in the United States, where he described his lifestyle as quieter.
Africa Prudential Plc has reaffirmed its commitment to digital transformation, revenue diversification and sustainable growth after reporting a strong financial performance for the first half of 2026.
Dr Catherine Nwosu
The company made this known during its H1 2026 Investor Call, which brought together institutional investors, shareholders, investment analysts, regulators and other stakeholders to review its financial performance and strategic outlook.
Dr Catherine Nwosu, managing director and Chief Executive Officer of Africa Prudential, said the company’s performance reflected the resilience of its business model and the effectiveness of its long-term growth strategy despite prevailing macroeconomic challenges.
According to the company’s financial results, gross earnings rose by 27 per cent year-on-year to N4.28 billion, from N3.34 billion recorded in the corresponding period of 2025.
Profit before tax increased by 22 per cent to N2.41 billion, while profit after tax grew by 18 per cent to N1.59 billion.
The company also reported a 27 per cent rise in net operating income to N4.21 billion, while total assets increased by 13 per cent to N46.53 billion.
Shareholders’ funds equally rose by 13 per cent to N12.52 billion, reflecting continued financial strength.
Management attributed the performance to sustained growth in its core registrar business, increased corporate action activities in the Nigerian capital market, improved treasury earnings and rising adoption of its technology-driven solutions.
The company said it was steadily transforming from a traditional share registrar into a broader technology and business solutions provider serving Nigeria’s capital market ecosystem.
During the interactive session, investors sought clarification on the sustainability of earnings, particularly as interest rates are expected to moderate.
Responding, Nwosu said the company was deliberately expanding its recurring fee-based revenue streams to reduce dependence on treasury income.
“Interest rates influence our treasury income positively, but that is why we are deliberately diversifying our revenue streams.
“Our strategy is to grow recurring fee-based business lines such as our digital solutions, Know Your Customer (KYC) services, Annual General Meeting (AGM) technology, probate services and the SabiVest mobile app.
“Over time, this will reduce our reliance on interest income and create a more balanced and resilient earnings mix,” she said.
Nwosu noted that increasing capital market activities had created stronger demand for seamless digital investor experiences, improved operational efficiency and enhanced compliance solutions.
She said the company would continue investing in technology-enabled products capable of delivering long-term value to shareholders while strengthening its competitive position.
According to her, Africa Prudential has identified five strategic priorities for the second half of 2026.
The priorities include driving sustainable growth across its core registrar and emerging business lines, accelerating technology-led product innovation, strengthening brand leadership, investing in talent development and deepening corporate governance.
She said the investor engagement demonstrated the company’s commitment to transparency, accountability and regular engagement with shareholders and the investment community.
Africa Prudential reaffirmed its commitment to leveraging innovation, operational excellence and sound financial management to sustain growth and strengthen its leadership position in Nigeria’s capital market.
Fake Agency: ICPC Indicts NITDA, Others over Inadequate Due Diligence
Tax Reform Built on Taxing Prosperity, Not Poverty– Adedeji
UNESCO Taps Oguamanam,Nigerian Scholar to Advisory Body on Science, Tech Ethics
MTN Alerts Subscribers over Fake 25GB Anniversary MTN Data Giveaway
X Replaces Revenue Sharing wit New Creator Rewards Programme
EFCC Busts NIS Visa Overstay Racket, Uncovers N700m in an Account
Fact-Check: Elon Musk’s “Tesla Pi Phone” is Internet Rumor
NBC Tasks Broadcasting Stations over 2028 DSO Global Deadline
NBC Scraps Annual Digital Access Fee on DSO
Glo Sponsored African Voices to Feature Netflix’s “The Polygamist” Stars
General News2 days agoGuinness Rewards Consumers with ₦17 Million in First Week of ‘Open for More’ Promo Draw
News3 days agoGlovo Pioneers AI Quick-Commerce
News2 days agoWorld Bank Debars United Aviation Services, Owner over Fraudulent Activities
E-Business2 days agoNITDA Introduces Cloud Certification Boost Data Localisation Compliance
Telecom2 days agoNCC, Enugu Sign Deal to Operate Digital Industrial Park, Learning Centre
E-Financial2 days agoBOI Opens N250Bn Bond Offer to Fund Businesses
News2 days agoEnugu State Approves Land for ITF’s Digital Fabrication Centre
General News2 days agoMeta Hit With $567m US Court Order Over Alleged Harm to Children