The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) hereby inform the general public, investors, and all stakeholders in the communications sector on compliance requirements regarding changes in the ownership structure of licensed communications companies in Nigeria.

This requirement is pursuant to the provisions of Section 90 of the Nigerian Communications Act 2003 (NCA 2003), Regulation 28 (2) of the Competition Practices Regulations, 2007, and Regulation 42 of the Licensing Regulations, 2019, which collectively empower the NCC to oversee and review transactions affecting licensees and promote fair competition.

Effective immediately any proposed transfer of ownership or control of shares in a licensee of the Nigerian Communications Commission, amounting to ten percent (10%) or more of the total share capital, as well as any series of share transfers which in aggregate exceed ten percent (10%) of the total share capital of the Licensee shall require a Letter of No Objection from NCC in order for the changes to be effected and registered with the CAC.

By this measure, the CAC will ensure that all requests for change in shareholding structure amounting to 10% or more, submitted for registration by telecommunications companies are duly supported by evidence of NCC’s prior consent and approval.

The requirement is designed to preserve a fair and competitive market structure within the communications sector by preventing direct or indirect anti-competitive practices, while strengthening regulatory oversight of significant changes in ownership and control. It will further promote transparency, investor confidence and regulatory certainty and safeguard the long-term sustainability and stability of the industry.

The NCC and the CAC reaffirm their shared commitment to advancing a transparent, stable, and competitive business environment in Nigeria. Both agencies will continue to work closely to promote regulatory certainty, ensure fair market practices, and support the orderly and sustainable development of Nigeria’s Communications Sector.

Signed: Nnenna Ukoha

Director, Public Affairs

Nigerian Communications Commission (NCC)

Rasheed Mahe

Head, Public Affairs

Corporate Affairs Commission (CAC)

The Chairman of CanaanLand Golf & Country Club, Hon. Felix Aganbi, has reaffirmed the club’s commitment to positioning Koko, headquarters of Warri North Local Government Area of Delta State, as a leading destination for sports, tourism and recreation in Nigeria.Speaking in Koko, Aganbi said the club’s long-term vision is to leverage sports development to drive economic growth, youth engagement and tourism in the community.

According to him, the club will host an International Ladies Golf Tournament in 2027 under the auspices of the Lady Golfers Association of Nigeria (LGAN). The event is expected to attract participants from golf clubs across Nigeria and other West African countries.Aganbi also announced plans for the Koko Marathon, a 10-kilometre road race, and the Koko Cycling Open Championship, a 40-kilometre individual time trial event.

“We are engaging relevant sporting authorities, including the Director-General of the National Institute for Sports, Hon. Philip Shaibu, to support the successful implementation of these initiatives,” he said.He noted that Koko possesses significant advantages for hosting major sporting events, citing its strategic location between Warri and Benin City, peaceful environment, accessible road networks, scenic waterways and reputation for hospitality.

Aganbi explained that sporting events have the potential to stimulate local economic activity by attracting visitors who patronise hotels, restaurants, transport operators, artisans and other small businesses.He added that such events could also generate positive publicity, attract investment opportunities, encourage infrastructure development and create meaningful opportunities for young people.

The chairman disclosed that CanaanLand Golf & Country Club currently accommodates several sporting and recreational activities, including golf, badminton and table tennis, while work is ongoing to expand its golf course into a 72-par championship-standard facility.He assured that the club would continue investing in facilities capable of supporting regional and national sporting events.

“What started as the development of CanaanLand Golf & Country Club is gradually creating opportunities to attract visitors, sporting enthusiasts, businesses and investors into our community. We believe this momentum presents an opportunity that should be embraced for the benefit of Delta State and the Warri Kingdom,” Aganbi said. He called on stakeholders, sports enthusiasts and the wider public to support efforts aimed at promoting sports and tourism development in Koko.

Ebireri Henry Ovie

Media Contact: +234 803 697 7194

About 85 global medical professionals, scientists and policymakers participating in the “Science of Defeating Malaria”, leadership development course and initiative from Harvard University, USA, have commended the establishment of NASENI-TROMENT Biotechnologies factory as pivotal to eradicating malaria and infectious diseases in Nigeria and Africa.

While touring the multi-million dollars NASENI-TROMENT Biotechnologies factory on Sunday, June 7, 2027, the team impressed by the facility for the production of PCR kits and rapid diagnostic tests (RDTs), said it was a good move to establish 100 per cent Nigerian-owned diagnostic brand.

Chief Executive Officer and Co-Founder, NASENT-TROMENT Biotechnologies, Mr. Selim Hani, in a presentation stated that the factory is a strategic partnership between the National Agency for Science and Engineering Infrastructure (NASENI) and Troment Nigeria Limited aimed at strengthening Nigeria’s healthcare sovereignty through local production of diagnostic technologies.

“This facility built from ground zero in the last 18 months, focuses on manufacturing of RDTs and in-vitro diagnostic (IVD) products, enabling early detection of major infectious and public health diseases. Diagnostic test kits under the N-CheckUP brand will be produced to test Malaria, Hepatitis B & C, HIV ½, Pregnancy, COVID-19 Antigen, Typhoid, Syphilis, Blood Glucose among others.“It is designed to produce 600 million diagnostic kits per year. It will reduce Nigeria’s (and West Africa) reliance on imported medical diagnostics while improving accessibility and affordability of across the country and the African region,” he added.

Technical Partner, NASENI-Troment Biotechnologies, Dr. Engin Narinc, said “this facility is Africa’s first fully localized Rapid Diagnostic Test (RDT) kit factory. From concept to full-scale launch, our end-to-end production process is designed to deliver world-calss diagnostic solutions built entirely in Africa, for Africa.”Team lead, Science of Defeating Malaria Initiative, Professor Dyann F. Wirth, Harvard University, USA, and one of the world’s leading malariologists, led the team on a tour of the various sections of the factory. She said “this is an amazing facility that would add value to the eradication of malaria and other public health disease in Nigeria and the continent.

“The visiting Science of Defeating Malaria leadership development course and initiative is currently holding its programme from June 7-13, 2026, in Abuja, Nigeria. It trains global health professionals, scientists, and policymakers to eliminate and eradicate malaria.

eSigned:

Olusegun Ayeoyenikan,

Director, Information, New Media Protocol,

NASENI, Abuja.7th June 2026.