Tuesday, December 7

Tag: Monopoly

Hustle. Men don’t have the monopoly of making money – Actress Mary Remy Njoku tells ladies as she expresses disappointment at the choices women of this generation make
Celebs

Hustle. Men don’t have the monopoly of making money – Actress Mary Remy Njoku tells ladies as she expresses disappointment at the choices women of this generation make

Actress Mary Remmy Njoku took to her Instagram page this morning to advice women of this generation. In her post, the mum of three pointed out that women should ensure they are working and earning a living before waiting for ''sombody's son to find them.'' She mentioned that men do not have the monopoly of making money. Stressing that she is disappointed at the choices women of this generation make, she made reference to the story of a lady who went on a trip with a man outside Nigeria and was forced to move her ticket forward after she refused to have sex with him. Read what Mary wrote...
FG Prohibits Exclusivity Rights In Sports Broadcasting
Politics

FG Prohibits Exclusivity Rights In Sports Broadcasting

The Federal Government has prohibited exclusivity rights in broadcasting sporting events in the country. The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this in a statement issued in Abuja Thursday. The statement was made available to newsmen by Mr Segun Adeyemi Special Assistant to the President (Media), Office of the Minister of Information and Culture. News Agency of Nigeria (NAN) reports the statement in general directed the National Broadcasting Commission (NBC) to immediately implement measures aimed at sanitising and re-positioning the broadcast industry. The Minister specifically directed NBC to implement a new regulation mandating broadcasters and exclusive licensees to share such exclusive rights with other broadcasters. ”This regulation...
Lai Mohammed Directs NBC to Implement Regulations for Online Media
News

Lai Mohammed Directs NBC to Implement Regulations for Online Media

The Minister of Information  and Culture, Lai Mohammed has directed the National Broadcasting Commission (NBC) to implement regulations for online media. In a statement released by his media aide Segun Adeyemi on Thursday January 9, the Minister said implementation of the regulations which has been approved by President Muhammadu Buhari will reposition the broadcast industry, create jobs, promote local content, deliver real value in the sector and grow the creative industry. Broadcasters were also asked to utilize the content and services of Nigerian independent producers in line with regulatory requirements for 70 percent local content. He said; Following my satisfaction with the report which was very professional and detailed, I wish to direct the commission to take the...
Donald Trump is an inspiration – Pastor Adeboye’s son, Leke reacts to US and Iran’s crisis
Celebs

Donald Trump is an inspiration – Pastor Adeboye’s son, Leke reacts to US and Iran’s crisis

Pastor Adeboye's son, Lekehas  described President Donald Trump as an inspiration in reaction to the spiked tension between the United States and Iran over the killing of the Middle-East Country's Revolutionary Guards commander, Qasem Soleimani. Leke who insisted that rascality does not have monopoly, stated that Donald Trump ''was and still is one of the men of 2019.'' He wrote on Instagram; “One of the men of the year 2019, was and is still Donald J Trump. As in the guy is just an inspiration. “He is like if you want to be crazy then! Rascality does not have a monopoly. “Welcome to 2020, when others were talking about defending Jesus, someone already cut off an ear, Thank God for the person moved, it would have been the whole head. I did not come to talk.”
Ruga Ultimatum: Ohanaeze Youths Seek Peace As MASSOB Talks Tough
News

Ruga Ultimatum: Ohanaeze Youths Seek Peace As MASSOB Talks Tough

The Movement for the Actualisation of the Sovereign State of Biafra on Friday said Igbo living in the North won’t run away from the region despite the Coalition of Northern Groups’ threat to deal with southerners in the area over the suspended Ruga settlement plan. MASSOB vowed to resist any attempt to attack Igbo residents in the North. But the youth wing of the Ohanaeze Ndigbo on Friday said it would propose a meeting with the coalition to find a  solution to the lingering farmers-herdsmen clashes in different parts of the country. Following the suspension of the Ruga plan by President Muhammadu Buhari, the northern group issued an ultimatum to the Federal Government and governors opposed to Ruga, demanding the implementation of the programme within 30 days, failing which southe...
IOS Developers Sue Apple Over App Store Fee
News

IOS Developers Sue Apple Over App Store Fee

About Two iOS developers have sued Apple and are seeking class-action status for their case, Apple has for years maintained a monopoly over the sale and distribution of iOS apps, and they’re sueing the tech giant in a US federal court in an attempt to break its “improper monopolization of this market.” The lawsuit seeks class action status, so it could potentially represent anyone who’s ever sold an iOS app in the US. Apple of course only allows iOS apps to be installed on iPhones and iPads from the Apple App Store and charges developers a commission for any sales. The suit claims that Apple’s 30 percent cut is “overly expensive” and that its $99 annual developer fee has “cut unlawfully into” developers’ potential earnings. The developers also complain that because the App St...
We Are Chasing Fraudsters And Not Musicians – EFCC Boss Magu Claim
News

We Are Chasing Fraudsters And Not Musicians – EFCC Boss Magu Claim

Chairman of the Economic and Financial Crimes Commission (EFCC) has refuted claims that the anti-graft agency was clamping down on artists. “The EFCC does not go after any innocent person,” EFCC boss Ibrahim Magu said during an interactive session with artists, comedians and On-Air-Personalities (OAP) at the EFCC Headquarters, Jabi, Abuja. “Our mandate is to rid Nigeria of any form of economic and financial crimes, and internet fraud is not excluded” Making reference to the recent prosecution of popular musician, Afeez Fashola, aka Naira Marley, for charges bordering on internet fraud, Magu, in an EFCC statement noted that the EFCC was not “chasing” musicians. The anti-agency boss said the arrest of Naira Marley followed a proper procedure. “There is always intelligence report tha...
I’m Tired of Being Governor – Wike
Politics

I’m Tired of Being Governor – Wike

The Rivers State Governor, Nyesom Wike, on Tuesday declared that he was tired of being a governor and won’t contest for a third term even if the constitution permits him. He spoke while receiving his Certificate of Return from the Independent National Electoral Commission, INEC, in Port Harcourt, the state capital. According to Wike: “Nobody can be more than the state. So, for me, I want total peace in Rivers state. All of us should come back, wherever you are, whether in the federal or local government, come and work for the interest of the state. “I’ll not be governor forever. I only have four more years. After the four years, I’ve gone. The constitution does not allow for third term. Even if it does, bye bye, I’m tir...
Buhari Signs Anti-Monopoly Law After 15 Years
Politics

Buhari Signs Anti-Monopoly Law After 15 Years

Fifteen years after the Bureau for Public Enterprise (BPE) proposed an anti-trust law to checkmate monopoly in the Nigerian economy, President Muhammadu Buhari has signed the Federal Competition and Consumer Protection bill. The law seeks to eliminate monopoly and ensure competitive trade in the country. Ita Enang, senior special assistant to the president on national assembly (senate), disclosed this in a statement on Wednesday. Enang said the new law repeals the Consumer Protection Council Act and sections 118-128 of the Investment and Securities Act. The new act establishes the Federal Competition and Consumer Protection Commission as well as the Consumer Protection Tribunal to try violations. “The law is to promote economic efficiency, maintain competitive market in ...
Fed Govt Strips DisCos Off Metering Monopoly
News

Fed Govt Strips DisCos Off Metering Monopoly

The Federal Government also stated that electricity distribution companies did not have the monopoly of metering. It said although the DisCos had obligation to meter all its consumers, the law did not vest a monopoly of meter supply on them. Minister of Power, Works and Housing, Mr Fashola stated this at the 18th monthly power sector operators meeting in Kano State, on Monday. According to him, meter supply was an open but regulated business, adding that intending meter service providers were to apply for licence from the NERC to undertake it. He further disclosed that the government would optimise the EPSRA developing power sector regulation to democraticise access to meters. He said this would be kick-started with a N39 billion loan to meter providers. On situations whe...
DSTV Subscription Fee To Increase From 1st May, Nigerians React
News

DSTV Subscription Fee To Increase From 1st May, Nigerians React

DSTV is currently trending on Twitter and the reason is not far-fetched. DSTV subscribers have received a text disclosing a price increase for all its satellite pay TV bouquets in Nigeria as from 1st May, 2017. Nigerians have already shown how dissatisfied they are with this, as they alleged that DSTV which is owned by Multichoice, is taking advantage of the monopoly in the market. It is also alleged the company said that for one to lock in his/her old rates, the subscriber has to pay for one year.

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