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Nigeria renews search for broadband investors at global summit

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Nigeria’s desire to meet and surpass next year’s 30 per cent broadband penetration target will be one of the reasons for participating in the 2017 International Telecommunications Union (ITU) Telecoms conference in Busan, South Korea.

The yearly event kicked off today in Busan, 325 kilometers away from Seoul, South Korea and 520 kilometers away from President Kim Jong-Un’s Pyongyang, North Korea.

The 2017 conference, which has its theme as ‘Digital Transformation, Global Opportunity,’ is a unique international platform for influential figures from government and industry to connect with tech SMEs and entrepreneurs, to exhibit and explore partnership solutions, investment opportunities, shared ideas and best practices.

Organised since 1971 by ITU, the United Nations specialised agency for ICTs, the conference and exhibition also serve as a vehicle for countries, organisations and individuals to woo investors to their economies.

As such, Nigeria, whose delegation is led by the Minister of Communications, Adebayo Shittu, through the ‘Nigeria Day’, an investment session which comes up tomorrow at the Nigerian Pavilion, will unveil the benefit of investing in the country to participants put at about 10,000 from across the globe.

Nigeria’s broadband penetration currently wobbles at 21 per cent. A World Bank study on the impact of broadband penetration revealed positive growth on economies. It disclosed that from 0.25 to 1.38 per cent in broadband penetration, there is always a 10 per cent addition to the Gross Domestic Product (GDP).

The broadband penetration drive of Nigeria has been dwarfed by myriads of challenges, including getting the needed investments, financial constraints, economic lull, lack of infrastructure as exhibited by poor last mile connectivity and perceived over-regulation of the sector.

The NCC’s Executive Vice Chairman, Prof. Umar Danbatta, noted that the commission would use the conference to woo investors to invest in Nigeria’s broadband plan. He noted that wooing investors into the broadband sector as enshrined in the country’s Five-Year National Broadband Plan (2013 to 2018) requires greater effort, which the ITU platform presents.

Assuring investors, NCC’s Director of Public Affairs, Tony Ojobo, said Nigeria’s robust telecommunications regulatory environment guarantees returns on investment, and the investors’ renewed confidence in the fast growing sector would form part of the country’s narrative at the ITU Telecom World.

According to him, there are over 150 million active subscribers now, Internet connections are over 90 million and teledensity is well over 100 per cent.

“There is over $80 billion invested in the sector so far with over 70 per cent of it as Foreign Direct Investment (FDI). The investors have never known a better yesterday. So as Nigeria’s delegation berths in Busan, South Korea, the narrative will be endearing as the country beckons on more investors especially in broadband Internet.”

ITU Secretary-General, Houlin Zhao, stressed the need for countries to bridge the digital gap.

Speakers from Nigeria at the forum include Shittu; former Minister of Communications Technology, Dr. Omobola Johnson; Danbatta; Executive Secretary, Nigeria Investment Promotion Commission, Yewande Sadiku; Founder and Chief Executive Officer, Co-Creation Hub Nigeria, Bosun Tijani; Director-General, National Information and Technology Development Agency, Dr. Isa Ibrahim Pantami, among others.

Source: Guardian Ngr

MUSIC

Social Media Reacts As Wizkid’s “Dance” Disappears From Apple Music Top 100

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'Kese (Dance)' disappears from Apple Music Top 100 | fab.ng

On November 18, 2024, fans woke up to the shocking news that Wizkid’s latest single, “Kese (Dance)”, had suddenly vanished from the Apple Music Nigeria Top 100.

Just days ago, the song had been proudly sitting at the number one spot. This abrupt drop sparked widespread speculation, with many fans and industry insiders suspecting that Apple Music had penalized the track for streaming manipulation.

Such drastic deductions often indicate stream deductions or “chart-drinking,” which are common penalties that Apple Music enforces against artificial streaming boosts.

Adding fuel to the controversy is Wizkid’s “Kese (Dance)”, released on November 15, 2024, as the second lead track from his forthcoming album “Morayo”.

Within hours of its release, “Kese” soared to the top of the Apple Music Nigeria Top 100, demonstrating Wizkid’s enduring popularity and dominance on the charts.

However, the unexpected removal of the song from the charts sent shockwaves through social media, leaving fans divided. Some believe Apple Music may have acted to curb stream farming, while others argue it might simply be a technical glitch.

Historically, Apple Music has taken stringent measures to crack down on streaming manipulation, especially against high-profile artists.

This latest move, if confirmed as a penalty, would be one of their strongest actions yet against stream farming. However, the possibility of a glitch cannot be entirely dismissed, as similar occurrences have happened before.

Fans now eagerly watch to see if “Kese (Dance)” will rebound to its previous chart-topping position. A quick recovery would lend credence to the glitch theory.

Meanwhile, a continued absence would suggest that Apple Music has indeed taken a firm stance against streaming irregularities—even against a major act like Wizkid. For now, all eyes remain on the charts to see how this drama unfolds.

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ENTERTAINMENT

AFRIFF 2024: Check Out The Complete List Of Winners

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2024 AFRIFF: The Complete List Of Winners | fab.ng

The 2024 AFRIFF celebrated exceptional African cinema through a vibrant week-long showcase of talent, creativity, and storytelling excellence.

Filmmakers, actors, and cinema enthusiasts gathered from across the continent to participate in screenings, masterclasses, and engaging panel discussions at the 2024 AFRIFF.

This 13th edition of AFRIFF demonstrated unprecedented diversity in African storytelling, featuring compelling narratives that captivated audiences through multiple genres and languages.

In the 2024 AFRIFF, carefully curated selections sparked meaningful conversations about contemporary African experiences while highlighting the continent’s rich cultural heritage.

Also, at the 2024 AFRIFF Globe Awards ceremony, outstanding films earned recognition for their artistic merit, technical excellence, and powerful storytelling.

These winning productions represented various African perspectives, from intimate personal narratives to broader social commentaries.

Let’s explore the complete list of winners who made their mark at this prestigious celebration of African cinema.

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MOVIES

Queen Lateefah Earns N333.7 Million, Ascends To Nollywood’s Top Box Office Rankings

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'Queen Lateefah' earns ₦333.7 million | fab.ng

First and foremost, Wumi Toriola’s film ‘Queen Lateefah‘ has achieved remarkable success, surpassing ₦300 million at the box office and securing its position among Nollywood’s top-performing films.

Subsequently, the film joins other blockbuster successes such as ‘Ajosepo’ (₦257.2 million) and ‘Ajakaju’ (₦252.8 million). Moreover, ‘Queen Lateefah’ now stands as the seventh highest-grossing Nollywood movie to date.

Additionally, it holds the distinction of achieving the highest earnings for a non-December release, a period typically known for peak box office performance.

Throughout its theatrical run, the film has consistently broken records. Initially, it garnered ₦57 million in its opening weekend.

Furthermore, within just three weeks of its premiere, the film exceeded the ₦200 million milestone. By mid-October, consequently, the box office receipts had accumulated to ₦216 million.

Queen Lateefah' grosses enters Nollywood's top box office rankings | Pulse  Nigeria

Under the distribution of Cinemax and the direction of Adeoluwa Owu, the film presents a compelling narrative. Specifically, it follows Lateefah Adeleke, a 30-year-old businesswoman who portrays herself as a world traveller with high social status.

However, her encounter with Jide Rhodes, a 35-year-old businessman, eventually exposes her carefully constructed facade.

In contrast to her claims, Lateefah emerges from a background of extreme poverty as the only child of an illiterate mother.

Finally, the film features a stellar ensemble cast including Kunle Remi, Femi Adebayo, Nancy Isime, Bimbo Manuel, Elvina Ibru, Enioluwa, and Gbugbemi Ejeye.

As a result of these combined elements – compelling storyline, strong performances, and strategic release timing – ‘Queen Lateefah’ continues to demonstrate the growing commercial potential of Nollywood productions.

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