Broadcasting
ACAMB Elects New Executive Committee to drive its next phase of Growth

Members of the Association of Corporate and Marketing Communication Professionals in Nigerian Banks (ACAMB) have elected new Executive Committee to pilot the affairs of the Association in the next two years.

L-r: ACAMB Exco; Financial Secretary, Halima Isha of JAIZ Bank; Treasurer, Morolake Philip-Ladipo of Wema Bank; Vice President (VP)1, Oze K Oze of FirstvBank; President, Rasheed Bolarinwa of Polaris Bank; VP2: Tolulope Onipede of Guaranty Trust Bank; General Secretary, Jide Sipe of ECOBANK; Assistant General Secretary, Iyke Iheagwam of Access Bank; Publicity Secretary, Omede Odekina of United Bank for Africa (UBA); and Social Secretary, Ozena Utulu of Heritage Bank at the ACAMB Annual General Meeting (AGM) and election of New Exco, held at CIBN House, Lagos.
The newly elected leadership was the major highlight of the Annual General Meeting (AGM) which held in Lagos on Wednesday, January 24, 2024 to reflect on the accomplishments of the past year and to shape the future direction of the association.
The new Executive Committee (ExCo) was elected to lead ACAMB in its next phase of growth and development.
The AGM, attended by ACAMB members, past leaders and elders, provided a platform for meaningful discussions, strategic planning, and the exchange of ideas among banking professionals who form the backbone of ACAMB. The event showcased the commitment of the association to foster collaboration and innovation within the financial sector.
Following a thorough and democratic election process, the new Executive Committee was elected to serve in key leadership roles within the association. The newly elected Exco members are; President: Rasheed Bolarinwa of Polaris Bank; Vice President (VP)1, Oze K Oze of FirstBank; VP2: Tolulope Onipede of Guaranty Trust Bank; General Secretary, Jide Sipe of ECOBANK; Assistant General Secretary, Iyke Iheagwam of Access Bank; Financial Secretary, Halima Isha of JAIZ Bank; Treasurer, Morolake Philip-Ladipo of Wema Bank; Social Secretary, Ozena Utulu of Heritage Bank; and Publicity Secretary, Omede Odekina of United Bank for Africa (UBA).
Rasheed Bolarinwa, the newly elected President, expressed gratitude for the trust placed in the new leadership team and emphasised the importance of unity and collaboration to achieve the association’s objectives. The President also acknowledged the contributions of the outgoing Exco and thanked them for their dedicated service. “We are thrilled to announce the new Executive Committee of ACAMB, a team that embodies the spirit of creativity, ambition, and collaboration. As we embark on this new term, my commitment to each and every member remains unwavering. Working with the new Exco, we’ll continue to strive for excellence, explore new avenues for growth, and uphold the highest standards of professionalism”.
ACAMB, according to him, “will be a platform where ideas flourish, relationships strengthen, and the collective wisdom of our diverse membership (from our elders, past Presidents, members and associates), propels us forward”.
The General Secretary of ACAMB, Jide Sipe, while presenting the scorecard of the outgoing Exco, said “despite the odds, we remained resolute and hopeful for a better future. The goal is to continue to advance, attain lofty heights and better place the Association within the financial sector. We promise our commitment to deliver on our founding mandate to continuously protect the image and reputation of the Association. We remain optimistic and grateful for all your support over the years and in the future that we behold”.
In addition to the election results, the AGM included discussions on upcoming initiatives, projects, and events planned by the association for the 2024 financial year. Members actively participated in these discussions, providing valuable insights and suggestions to shape the future trajectory of the Association.
ACAMB remains committed to promoting excellence, fostering professional development, and advocating for the interests of its members in the banking sector. The newly elected Executive Committee is poised to lead the association with vision and dedication, building on the foundation laid by its predecessors.
Broadcasting
NCC Warns DJs: Playing Music Without License Could Lead to 5-Year Jail Term

Nigerian Copyright Commission (NCC) has warned disc jockeys (DJs) against publicly playing music without proper authorization or a valid license.
NAN reports that John Asein, NCC director-general, gave the warning in an advisory issued in Abuja.
He said the commission’s attention had been drawn to the growing practice of DJs playing music in public spaces without obtaining copyright licences from their approved collective management organisations (CMOs).
Asein said under sections 9 and 12 of the Copyright Act, 2022, only the owner of copyright in a musical work or sound recording has the exclusive right to reproduce, perform, or communicate it to the public.
The NCC threatened to prosecute defaulters in a case that could lead to a N1 million fine or a 5-year jail term upon conviction.
“Engaging in any of these acts without the owner’s authorisation constitutes an infringement under the Act,” he said.
“Such infringement may constitute a civil wrong or a criminal offence under section 44 (7), punishable upon conviction by a fine of not less than N1 million or imprisonment for a term of not less than five years or to both.”
Asein advised DJs to obtain the necessary licences and pay royalties to the approved CMO before performing music publicly.
The NCC director-general added that the commission will arrest and prosecute anyone found violating the law.
“For the avoidance of doubt, the approved CMO for musical works and sound recordings in Nigeria is the Musical Copyright Society, Nigeria (MCSN),” he said.
“The Commission is aware that the Disc Jockey’s Association of Nigeria (DJAN), as the umbrella body representing DJs in Nigeria, has entered into a Memorandum of Understanding with MCSN.
“Under the arrangement, DJAN is authorised to work with MCSN to facilitate the payment of royalties by DJs nationwide, based on the tariff that DJAN had negotiated with MCSN.”
Broadcasting
Netflix Hikes Subscription Fees Again in Nigeria over “Market Conditions”

Netflix has increased its subscription fees in Nigeria for the third time since 2024, with the Premium Plan rising by 21.43%, from ₦7,000 to ₦8,500 per month.
This marks the streaming platform’s first price adjustment in 2025.
Other subscription tiers have also been affected.
The Standard Plan now costs ₦6,500, up from ₦5,500—a hike of 18.18%.
The Basic Plan has increased from ₦3,500 to ₦4,000, while the Mobile Plan moved from ₦2,200 to ₦2,500, reflecting increases of 14.29% and 13.64% respectively.
The latest adjustment aligns with Netflix’s broader global pricing strategy, which the company has linked to its ongoing investment in content and platform development. In a previous communication to investors, Netflix stated, “As we invest in and improve Netflix, we’ll occasionally ask our members to pay a little extra to reflect those improvements. Which in turn helps drive the positive flywheel of additional investment to further improve and grow our service.”
While the company did not explicitly cite inflation in its most recent update, its website indicates that local economic factors influence its pricing structure.
“Price changes are made to respond to local market changes, such as changes to local taxes or inflation,” the statement read.
The move mirrors similar pricing shifts among other major digital and entertainment services in Nigeria.
Companies including Google, DSTV, GOtv, and Microsoft have also raised subscription rates, attributing their decisions to continued inflationary pressures and a weakening naira.
Broadcasting
NBC, Nigcomsat Launch Satellite Plan to Transform Broadcasting

National Broadcasting Commission (NBC) and Nigerian Communications Satellite Limited (NIGCOMSAT) have jointly introduced “The Big Picture’, a flagship initiative under Nigeria’s renewed Digital Switchover (DSO) project.
Under the project, Nigerian households will for the first time, gain access to high-quality digital broadcasts via affordable satellite dishes, hybrid devices, and internet-enabled set-top boxes.
Backed by President Bola Ahmed Tinubu and in line with his Renewed Hope Agenda, this strategic shift marks a significant step toward transforming Nigeria’s broadcasting landscape by leveraging the country’s sovereign satellite infrastructure.
At the heart of the initiative is NigComSat-1R, Nigeria’s only communications satellite in orbit, which will play a critical role in delivering Direct-to-Home (DTH) broadcasts across the entire Nigerian territory.
This satellite-first approach eliminates the traditional dependence on terrestrial transmission towers, accelerating the nationwide rollout of digital broadcasting by over 65%.
It also offers a scalable, cost-effective, and future-ready model for expanding digital access and promoting national storytelling.
Key figures, including: Charles Ebuebu, director-general, NBC; and Jane Nkechi Egerton-Idehen, managing director, Nigcomsat, have welcomed this forward-thinking strategy, emphasising its importance in maximising the use of national satellite assets and ensuring inclusive access to digital content.
An estimated 10 million homes equipped with DVB-S2-compatible televisions or decoders will have immediate access to free-to-air channels, while others will benefit from next-generation hybrid devices that combine satellite feeds with online streaming capabilities.
These new branded devices are designed with the country’s youth-dominated demographic in mind over 60% of the population is under the age of 25.
They will feature pre-installed apps, voice search functionality, parental controls, and seamless integration with NigComSat’s Electronic Programme Guide (EPG), offering an intuitive and engaging user experience.
In a data-driven upgrade to Nigeria’s broadcasting ecosystem, NBC is also partnering with global analytics firm GARB to introduce real-time audience measurement technology.
This will enable broadcasters, advertisers and content creators to analyse viewership trends across regions and devices, helping to tailor content more effectively and drive higher audience engagement. The introduction of this system is expected to boost advertising revenue by as much as 300% by 2026.
The success of “The Big Picture” will rely on robust collaboration between public and private stakeholders.
The Broadcasting Organisation of Nigeria (BON) and other content partners are expected to supply 60% of programming for the new 120-channel platform, using both original and repurposed content.
Meanwhile, local manufacturers will contribute by producing around 5 million compliant devices annually, a move projected to create over 20,000 jobs in assembly plants nationwide.
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