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    UK Court awards £20m Damages in favour of Nigeria against P&ID

    S&P Global revises Nigeria outlook from Stable to Positive

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

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    Headline Inflation in Nigeria rose to 22.04% in March

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    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

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    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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    UK Court awards £20m Damages in favour of Nigeria against P&ID

    S&P Global revises Nigeria outlook from Stable to Positive

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

    Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

    FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

    Capital Gains Tax: Oyedele Confirms Past Gains Exempt from New Law

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Legend Internet Declares N120M Dividend & N150B Capital Raise at 2nd AGM

    Court Dismisses Suit Challenging Soludo’s Election, Orders Plantiffs to pay N6mn damages

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    Only 23% of Nigerians trust INEC- Report says

    INEC uploads 97.73% of Anambra State Governorship election polling unit results

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    Mazi Nnamdi Kanu’s trial – Court fixes date for judgement

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

    • Nigeria
    • Africa
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    • All
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    • Economic Data
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    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s inflation eases to 16.05% in October 2025

    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

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    • Economic Data
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    • Agriculture
    • Companies
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    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

    Zenith Bank Plc addresses rumored acquisition in Kenya

    Dangote Sugar Refinery Announces Resignation of Ravindra Singhvi and Appoints Thabo Mabe as Successor

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    Agro-Industrial giant Presco Plc reports N10.12bn profit in H1 2021

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    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

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    How does family of 6 survive with income of N250,000 a month

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    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

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    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

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BREAKING: NBC revokes licences of Silverbird, AIT, Raypower, Rhythm FM, others

Friday, 19 August 2022, 1:20 pm
in News, Nigeria
0
Breaking: Facebook, WhatsApp, Instagram back online
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The National Broadcasting Commission (NBC) on Friday said it has revoked the broadcast licences of 52 stations including Silverbird TV, AIT, Raypower FM, and Rhythm FM amongst others.

The licences of the media houses were revoked over their failure to renew their broadcast licences amounting to N2.66 billion.

A statement by NBC on Friday noted that a two-week waiver was given to them in May to do so after which they risked the revocation of their broadcast licences. However, the payments have not been made 3 months after.

The commission gave the affected media houses “24 hours to shut down their operations.”

Read more: Full list of stations whose licences were revoked by NBC

NBC said, “some licensees are yet to pay their outstanding debts, in contravention of the National Broadcasting Commission Act CAP N11, Laws of the Federation of Nigeria, 2004, particularly section 10(a) of the third schedule of the Act.

“Therefore, after due consideration, NBC hereby announces the revocation of the licenses of the…stations and gives them 24 hours to shut down their operations. Our offices nationwide are hereby directed to collaborate with security agencies to ensure immediate compliance.”

NBC said the continued operation of the “debtor stations is illegal and constitutes a threat to national security”.

It called on other broadcast stations yet to renew their licences for the present duration to do so within the next 30 days to avoid sanctions.

“The Commission also calls on all IPTV (Internet Protocol Television) and all other broadcast stations that are streaming online to register with the Commission to avoid disconnection,” it added.

“Broadcasters should note that having a DTT or FM license does not warrant a broadcaster to stream online; they are two different licences.”

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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