DAAR Communications Plc
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DAAR Communications Plc
DAAR Communications plc is an independent privately owned broadcasting organization in Nigeria. It was established on 31 August 1998, by Raymond Dokpesi. On 23 April 2007, it was converted into a public liability company. It pioneered Africa Independent Television (AIT), Ray power 100.5 FM Abuja and Raypower 100.5 FM. The company is listed on the Nigerian Stock Exchange. The DAAR communication Plc was penalized with a fine of ₦500,000 in July 2018 with two weeks optimum. The fine was imposed by the National Broadcasting Commission The National Broadcasting Commission is the broadcast regulator of the Federal Republic of Nigeria. The commission was set up on August 24, 1992, by Decree 38 of 1992 later amended as an act of the National Assembly by Act 55 of 1999 and now known ... as a result of alleged infringement on the provisions of the Nigeria Broadcasting Code. The Director-General of NBC, Mallam Is’haq Modibbo Kawu, claimed that the fine was imposed "following the persis ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Nigeria
Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea to the south in the Atlantic Ocean. It covers an area of , and with a population of over 225 million, it is the most populous country in Africa, and the world's sixth-most populous country. Nigeria borders Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. Nigeria is a federal republic comprising of 36 states and the Federal Capital Territory, where the capital, Abuja, is located. The largest city in Nigeria is Lagos, one of the largest metropolitan areas in the world and the second-largest in Africa. Nigeria has been home to several indigenous pre-colonial states and kingdoms since the second millennium BC, with the Nok civilization in the 15th century BC, marking the first ...
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Raymond Dokpesi
Chief Raymond Anthony Aleogho Dokpesi (born 25 October 1951) in Ibadan is a Nigerian media entrepreneur. His parents are from Agenebode, Edo state in a family including six sisters siblings. He entered the Nigerian mass media industry with his company DAAR Communications and set-up the Nigerian TV network Africa Independent Television (AIT) He was the organising committee chairman of the People's Democratic Party national conference in 2015. As of March 2020, he is still undergoing a trial on corruption charges. In May 2020, Dokpesi became a COVID-19 survivor. Education Dokpesi started his early schooling with Loyola College Ibadan. After which he joined the Immaculate Conception College (ICC) Benin city where he was the pioneer member of Ozolua Play house, a dance/drama group. He did his undergraduate studies in the University of Benin Edo State and completed his studies in University of Gdansk, Poland where he earned his Doctorate degree in Marine Engineering. His studies ...
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This Day
''This Day'' is a Nigerian national newspaper. It is the flagship newspaper of Leaders & Company Ltd and was first published on 22 January 1995. It has its headquarters in Apapa, Lagos State. Founded by Nduka Obaigbena, the Chairman & Editor-in-Chief of the This Day Media Group and ARISE News Channel. As of 2005, it has a circulation of 100,000 copies and an annual turnover of some $35 million (US). It has two printing plants, in Lagos and Abuja. The publishers of the newspaper are the This Day Newspapers Ltd., a company that was noted for its early investment in colour printing, giving the paper a distinctive edge among the few durable national newspapers that exist in Nigeria. ''This Day'' publisher Nduka Obaigbena has previously been criticised for late and non-payment of the paper's staff and suppliers. Operations The headquarters of ''THIS DAY'' is in Lagos. It also has offices and correspondents in the 36 states of Nigeria and other parts of the World. THISDAY provide ...
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Africa Independent Television
Africa Independent Television, also known by its acronym AIT, is a privately owned television broadcaster in Nigeria. It operates Free To Air in Nigeria as the largest privately operated terrestrial television network with stations in twenty-four out of thirty-six states in Nigeria. AIT is also broadcast via satellite television from its operational headquarters in Abuja. AIT is a subsidiary of DAAR Communications plc, available throughout Africa, and via Dish Network to North America. In the United Kingdom and Ireland, it was available on Sky channel 454 as a free-to-air channel (originally a subscription channel until 1 August 2016). An additional channel called AIT Movistar, formerly on Sky channel 330, ceased broadcasting on 28 July 2009. AIT International ceased broadcasting in the United Kingdom and Ireland on 15 October 2019. Shutdown The Founder, Raymond Dokpesi, led a peaceful protest to the National Assembly on 6 June 2019 to submit a petition requesting a review of t ...
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Ray Power 100
Ray may refer to: Fish * Ray (fish), any cartilaginous fish of the superorder Batoidea * Ray (fish fin anatomy), a bony or horny spine on a fin Science and mathematics * Ray (geometry), half of a line proceeding from an initial point * Ray (graph theory), an infinite sequence of vertices such that each vertex appears at most once in the sequence and each two consecutive vertices in the sequence are the two endpoints of an edge in the graph * Ray (optics), an idealized narrow beam of light * Ray (quantum theory), an equivalence class of state-vectors representing the same state Arts and entertainment Music * The Rays, an American musical group active in the 1950s * Ray (musician), stage name of Japanese singer Reika Nakayama (born 1990) * Ray J, stage name of singer William Ray Norwood, Jr. (born 1981) * ''Ray'' (Bump of Chicken album) * ''Ray'' (Frazier Chorus album) * ''Ray'' (L'Arc-en-Ciel album) * ''Rays'' (Michael Nesmith album) (former Monkee) * ''Ray'' (soundtrack), a ...
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Raypower 100
Raypower is a group of independent private Nigerian radio stations broadcasting in multiple cities nationwide, including on the 100.5 FM frequency from Abuja and Lagos. History In the wake of deregulation of broadcasting on 24 August 1992, DAAR Communications Plc, founded by Raymond Dokpesi, applied for and was granted approval to operate an independent radio station. The station which started test transmission on 15 December 1993 made history on 1 September 1994 when it commenced commercial broadcasting with the launch of Raypower 100.5 fm in Lagos as the first 24-hour broadcast service station in Nigeria as well as the first private independent broadcasting station in the country. The Abuja station launched on 1 January 2005. In June 2019, the National Broadcasting Commission shut down Raypower and its sister television channel, Africa Independent Television Africa Independent Television, also known by its acronym AIT, is a privately owned television broadcaster in ...
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picture info

The Punch
''The Punch'' is a Nigerian daily newspaper founded On August 8, 1970. Punch Nigeria Limited was registered under the Companies Act of 1968 to engage in the business of publishing newspapers, magazines and other periodicals. It was designed to inform, educate and entertain Nigerians and the world at large. History ''The Punch'' was founded by James Aboderin, an accountant, and Sam Amuka, a columnist and editor at the ''Daily Times of Nigeria''. Amuka became the first editor of the ''Sunday Punch''. In November 1976, a few years after the first print of its Sunday edition, the duo started printing their trademark daily newspaper. Both editions were designed to favor a friendlier apolitical approach to news reporting, combining footage of social events with everyday political news. The paper sustains itself by delving into broad issues that interest myriad people.Adigun Agbaje, "Freedom of the Press and Party Politics in Nigeria: Precepts, Retrospect and Prospects", ''African Aff ...
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Nigerian Stock Exchange
The Nigerian Stock Exchange (NSE) now Nigerian Exchange Group is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the mainboard, and 4 on the Alternative Securities Market (ASeM) board. In the Fixed Income market, the NSE has 84 FGN bonds, 21 state bonds, 27 corporate bonds, 1 supranational bond, and 53 memorandum listings. Mission The NSE mission is to enable businesses and investors to have reliable access to capital and provide secure saving systems and structure for effective and efficient business operations. History The Nigerian Stock Exchange was founded as the Lagos Stock Exchange, on September 15, 1960. The Lagos Stock Exchange is the oldest existing stock exchange in West Africa. There were seven subscribers to the Exchange’s Memorandum of Association: R.S.V. Scott, representing C.T. Bowring and Co. Nigeria Ltd.; Chief Theophilus Adebayo D ...
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National Broadcasting Commission
The National Broadcasting Commission is the broadcast regulator of the Federal Republic of Nigeria. The commission was set up on August 24, 1992, by Decree 38 of 1992 later amended as an act of the National Assembly by Act 55 of 1999 and now known as National Broadcasting Commission Laws of the Federation 2004, CAP N11 to among other responsibilities, regulate and control the broadcasting industry in Nigeria. The commission in its advisory capacity to the federal government regularly adopts scientific research methods to gather data, analyze trends in line with the dynamism of the industry and advise government accordingly. It is also the responsibility of the commission to receive, process and consider applications for the establishment, ownership or operation of radio and television stations including cable television service, direct satellite broadcast and any other medium of broadcasting; radio and television stations owned, established or operated by the federal, state and lo ...
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The Guardian (Nigeria)
''The Guardian'' is a Nigerian independent daily newspaper, established in 1983, published by Guardian Newspapers Limited in Lagos, Nigeria History ''The Guardian'' was established in 1983 by Alex Ibru, an entrepreneur, and Stanley Macebuh, a top journalist with the '' Daily Times'' newspapers, with its model copied from the original ''The Guardian'' in the UK. ''The Guardian'' was a pioneer in introducing high-quality journalism to Nigeria with thoughtful editorial content. The paper was first published on 22 February 1983 as a weekly, appearing on Sundays. It started daily publication on 4 July 1983. During the administration of General Muhammadu Buhari, reporters Tunde Thompson and Nduka Irabor were both sent to jail in 1984 under Decree No. 4 of 1984, which suppressed journalistic freedom. On 26 August 1989 ''The Guardian'' published a long letter by Dr. Bekolari Ransome-Kuti, a human-rights activist, entitled "Open Letter to President Babangida", in which he criticized what ...
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