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Who are The Dragons?

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I feel compelled by my love for you, to let you have a little background info on the dragons you’d be facing in the den, but I seriously recommend that you keep this revelation strictly between the two of us.

You have five dragons…

From different backgrounds…with different levels of experience…from different economic sectors and industries…they are different in character and fields of expertise…but they all have a few things in common: they’ve all amassed immense wealth and achieved huge levels of success in their respective fields; they all have a unique success story; they are armed with very analytical minds and sharp business intuitions, and they are ready to invest in your business or idea:

One of these dragons is a household name in the broadcast media industry in Nigeria and indeed the world; in his early 50s, he has more than 30 years experience in the media business…he’s risen from the ranks of radio and TV presenter, reporter, news anchor, and news editor for the biggest broadcast network in Africa to occupying an enviable position as the owner of a burgeoning broadcast media outfit respected terrestrially and internationally. He is well-travelled. His analysis of any proposed business provides the pitcher with an itinerary for attaining great heights in business. He reeks with the aura of a motivational speaker-challenging and inspiring any young mind with his meteoric rise through the ladders of a highly politicized industry.

One of the dragons is a digital age entrepreneur who became a multi-million pound sterling millionaire at the age of 24 for a mobile-phone driven technology. His passion for music and I.T encapsulated in a synergy of wealth and prominence made possible by his dexterity in running a cutting edge 21st century mobile-technology service delivery company. This dragon is an exponent of inter-personal skills, upholding the belief that your product or idea is only as good as your personality.

One of the dragons is a brand name in the marketing communications industry with over 35 years experience in the African advertising environment. A new generation entrepreneur, with a fresh approach to emerging business challenges. He has amassed so much wealth and success by positioning his advertising company as a company devoted to providing unequalled and unrivalled leveraging platforms for its clients to reach the core of their target, and generate great revenue from doing so. He is very persuasive, and upholds the virtue of compelling and convincing persuasion. When you meet him-be sure to observe the cardinal rules of advertising.

One dragon is a venture capitalist who understands the theories, mechanics, and applications of money in the business world. She has vast experiences in negotiating global money matters and designing modules that drive more profits for businesses. She has also has a background in computers. She has years of experience in equity investing, and holds a keen interest in emerging markets. She holds a MBA from one of the world’s most prestigious business schools. Her mind works like a portable computer, analyzing numbers and figures at the speed of thought.

One dragon is a prince whose last name inspires awe and respect for the business savvy associated with his lineage. Let’s say he inherited a well-seasoned ability to make fortunes. Young and successful, with a background in engineering, and an expanding experiential resume in investment and portfolio management, petroleum, and agriculture, this dragon represents the new breed of African entrepreneurship with many business pies on his dining table. He sits on top a conglomerate that has grown in reputation as a vibrant provider of essential commodities and services across Africa.


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Broadcasting

Multichoice Bleeds Customers in South Africa, Loses 580,000 Subscribers

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Rising cost of living, currency depreciation, and competition from streaming services have all conspired to see MultiChoice lose 589,000 South African subscribers in its latest financial year.

Multichoice Bleeds Customers in South Africa, Loses 580,000 Subscribers

The decline is across premium, mid-market and mass segments of its operation.

After completing its acquisition of MultiChoice, Canal+ has moved to stabilise the business.

MultiChoice’s new leadership under David Mignot, CEO,  hopes to “stop the bleeding and get back to growth”.

The new leadership has scrapped DStv’s annual price increase and decided to shut down Showmax, the in-house streaming platform that struggled to compete with Netflix and Amazon Prime Video.

Canal+execs have described Showmax as unsuccessful, noting that the difficult transition to online streaming, combined with currency devaluation in Nigeria and power cuts, had hurt MultiChoice’s profitability.

MultiChoice ended 2025 with 14.4 million subscribers across Africa, down from 14.9 million a year earlier, while revenue declined 6 percent to 2.4 billion euros.

 


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Broadcast Station Owners Reject IBAN’s Threat to Boycott Wike’s Media Engagements

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Owners of several television and radio stations have distanced themselves from a recent threat issued by the Independent Broadcast Association of Nigeria (IBAN), which called for a boycott of media engagements involving Nyesom Wike, minister of the Federal Capital Territory (FCT).

Broadcast Station Owners Reject IBAN’s Threat to Boycott Wike’s Media Engagements

Nyesom Wike, minister of the Federal Capital Territory

IBAN had threatened to withdraw coverage of the minister’s activities unless he retracted his comment on Channels Television’s Seun Okinbaloye and issue a public apology.

However, Ambassador Yusufu Mamman, chairman and owner of JKD Television (DSTV Channel 391) and Hamada Radio Networks, has dismissed the association’s statement as baseless.

Describing Ahmed Tijjani Ramalan, chairman, IBAN, as an impostor, Mamman argued that Ramalan has no authority to speak on behalf of broadcast station owners.

Mamman, who operates a television station and four radio stations, stated that he is not affiliated with any group called IBAN and would not support any action against the Minister, especially after Wike had already clarified his remarks.

“My attention has been drawn to an organisation called IBAN led by one Dr Ahmed Tijjani Ramalan, speaking for and Independent Broadcasters threatening to boycott media briefing by the FCT Minister, Nyesom Wike, unless he makes public apology in respect of his recent banters with Channels Television Anchor, Seun Okinbaloye.

“The position of so called IBAN is at best, an opinion of Mr Ramalan, who is never a broadcaster and had no idea of laws, norms, etiquette or professional broadcasting codes.

“Most importantly, Mr Ramalan has constituted himself into a fighting vehicle in courts against many broadcasting organisations and the National Broadcasting Commission.

Therefore, I urge the Minister to ignore his ranting.

“This is more so that on the live television program,  the Minister took time to clarify what he meant and his Spokesperson also issued a statement saying categorically that the Minister’s comment was figurative and didn’t mean any harm,” he said.


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Nigeria’s Aviation Sector Takes Off with 10.5m Passengers – FAAN Reveals

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Federal Airports Authority of Nigeria (FAAN) says the country now ranks second in Africa for domestic passengers, hitting 10.5 million in 2025—a 10 percent jump.

Nigeria’s Aviation Sector Takes Off with 10.5m Passengers - FAAN Reveals

FAAN

FAAN boss Olubunmi Kuku disclosed this at the Airports Council International Africa conference in Luanda, Angola.

Lagos’ Murtala Muhammed International Airport posted 11.8 percent growth in air traffic movements, one of Africa’s strongest.

Cargo surged 34.4 percent at Lagos, cementing its top-tier status.

Abuja’s Nnamdi Azikiwe and Lagos airports cracked Africa’s top 10 for domestic traffic.

Kuku stressed Nigeria’s push to host and shape African air links amid rising demand for modern, resilient airports.


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