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News Brief

News Brief

I’m watching you keenly — Buhari tells Joe Biden as US celebrates 245th Independence.

Buhari congratulated Biden and Americans as they commemorate their 245th Independence Day today, July 4th.
Buhari also said that he is keenly watching the United States, President, Joe Biden as he works towards improving the African continent.

NNPC, Total, Others Eye $760m Revenue from OML 130 Gas Supply Deal.

Yesterday, the Nigerian National Petroleum Corporation (NNPC) stated that, alongside its partners, the national oil company was set to earn over $760m from various fresh agreements on gas supply.
These deals on the Oil Mining Lease (OML) 130 includes a Production Sharing Agreement (PSA), Production Sharing Contract (PSC), Gas Supply Purchase Agreements (GSPAs) and Gas Entitlement Agreement (GEA).

NCC Generates Over N150bn from Sale of Spectrum License – Official.

NCC, the Nigerian Communications Commission, says it has exceeded it’s N36 billion projected revenue for the year 2021, having recorded over N150 billion from the sale of spectrum license within the last five months.
The NCC Director of Public Affairs, Dr. Ikechukwu Adinde, in a statement on Sunday said the figure represents over 400 per cent increase in revenue budget performance in respect of spectrum fees generated by the Commission between January 1 and May 31, 2021.

Africa: Nollywood Holds it’s Own During Covid-19 and Filmhouse Launches New App to Give Offline and Online Benefits to Cinema- Goers.

It has been a hard year for Nigeria’s Filmhouse whose activities includes cinemas, film distribution and production. Nevertheless, as a sign of its confidence that going to the cinema will hold its own despite lockdowns, it has launched a new app. Russell Southwood spoke to Moses Babatope, Co-Founder and Managing Director, Filmhouse and Segun Oni, Group Business Intelligence and Project Manager.

Showmax Pro is set to live stream the Tokyo Olympics Games for its subscribers across Africa.

As a result of the Covid – 19 pandemic, the Olympic Games Tokyo 2020 were postponed to 2021. However, subscribers of Showmax Pro will have access to live streams of every event. All Showmax subscribers will be able to stream exclusive Olympics coverage including talk shows, highlights and documentaries..

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