The Nigerian Copyrights Commission (NCC) has restated its commitment to work with national and international stakeholder groups to overhaul the copyright side of the music industry.
The Director-General of the commission, Dr John Asein, said this in a statement in Abuja on Wednesday while commemorating the 2022 World Music Day with the theme: “Music at Intersections.”
Asein stated that the commission would strengthen its regulatory and enforcement mandates to ensure that right owners benefitted more from the global exploitation of their works.
“As we join in celebrating this year’s World Music Day, the Commission renews its commitment to work with national and international stakeholder groups to overhaul the copyright side of the music industry.
This will “strengthen its regulatory and enforcement mandates to ensure that right owners benefitted more from the global exploitation of their works.
“The commission will continue to support approved Collective Management Organisations (CMOs) for music to better enforce rights, monitor uses and collect the revenue due to them while insisting on reasonable tariffs, good governance, accountability and fair distribution of royalties to right owners.’’
The director-general said the commission was facilitating discussions between the Musical Copyright Society of Nigeria (MCSN), as the approved CMO for music, and the DeeJays Association of Nigeria (DJAN).
According to him, this is in furtherance of the commission’s policy to support CMOs and bridge the gaps between the volume of usage and royalty collections.
He added that similar interventions would be extended to other approved CMOs in other sectors to promote win-win outcomes.
“The Commission will also be reviewing the Copyright (CMOs) Regulations 2007 to address new challenges at the intersections, in line with local realities and global best practices.
“Finally, as we reflect on music at various intersections, the Commission urges all approved CMOs to embrace technology-based solutions in the monitoring, collection and distribution of royalties.
“They should also subscribe to the acceptable standards of transparency, accountability, efficient management, good corporate governance and respect for the law.
“These will help in addressing any hindrance to the smooth inflow of revenue for the right owners they represent,’’ Asein said.
According to him, the primary duty of a responsible CMO is to help right owners earn more from the use of their works and provide legally safe space for users to maximise their exploitation of those works upon payment of agreed royalties.
He said that the copyright ecosystem must promote healthy and balanced symbiotic relationship that would grow the industry for the greater good of the majority.
“On this optimistic note, I wish all musicians, producers, service providers, music enthusiasts and all lovers of music a wonderful World Music Day, 2022,’’ director-general said. (
It was recently revealed that the global launch event for the TECNO CAMON 19 series will be held at New York City's iconic Rockefeller Center. The TECNO (www.TECNO-Mobile.com) brand of smartphones enjoys a leading market share on the African continent, and this move demonstrates its expansion to a global audience and new premium segments.
TECNO is announcing several major product previews in its upcoming CAMON 19 series. The company, which recently won an iF Design Award 2022 for its outstanding product innovations, including an ultra-thin bezel and its fantastic triple-camera dual-ring design, revealed which is among the first to make Android 13 beta available on its latest CAMON. 19 Pro 5G.
The new series of devices will include original technology, such as an RGBW + glass camera sensor, which has been co-developed with Samsung, as well as a next-generation dual-ring triple-camera design.
TECNO also announced its entry into the sector, through strategic alliances with third-party financial institutions, with the launch of TECNO Wallet, a finance and payment wallet application created for its devices and integrated into the CAMON 19 series of phones. .
TECNO Wallet will allow users to make easy and secure payments for a variety of services including money transfers, airtime, data, bills and purchases.
Its goal is to build a digital and financial hub and lifestyle platform that aggregates products, services, and merchants from across the market, allowing TECNO users to transact, access credit, and enjoy rewards and exclusive promotions as soon as they arrive. open your smartphone.
TECNO Wallet will be available for download on select existing device series and will come pre-installed on new TECNO smartphones, including the upcoming CAMON 19 series due to be introduced in June 2022. to Kenya in mid-June. Future releases will include Ghana, Tanzania, Uganda, Code d'Ivoire, and Senegal in the second half of 2022.
According to a 2022 global study by VISA (https://vi.sa/3MwhUFY), more than 40% of consumers have already adopted cashless transactions or will only use digital payments in the next two years. Additionally, 59 percent of small business owners stated that they plan to exclusively accept digital payments within the same time frame.
“As consumers around the world make the transition from cash transactions to digital payments, TECNO Wallet will be a reliable tool that will allow all TECNO users to enjoy maximum convenience and make easy, fast and reliable payments. ”. said Danni Xu, Global CMO of TECNO.
Key features of the TECNO walletA smarter way to pay: TECNO Wallet allows all TECNO smartphone users to pay for anything, anywhere, conveniently and securely. The Wallet introduces a new integrated digital payment experience that makes the payment process for data, airtime, bills and purchases fast and reliable. Digital finance reimagined: TECNO Wallet is the easy way to go cashless. Consumers can use Wallet to manage their everyday transactions, like paying for airtime and buying groceries at the touch of a button, as well as access innovative financial services, all in one super app. All your money in one place: The Wallet helps consumers manage their finances in one place by connecting their existing cards and bank accounts to the app. Major card schemes and supported financial institutions on the continent. Instant Credit - TECNO Wallet integrates a revolutionary digital Instant Credit service that allows its users to access a line of credit in seconds and enjoy an interest-free period of up to 16 days promoted by authorized financial institutions. Traditional requirements like paperwork, guarantors or fees are eschewed in favor of a data science-driven approach that will allow customers to quickly access credit and increase their limit based on their payment behavior.
In the near future, TECNO Wallet will also offer cash back and promotional rewards, along with discounts and deals with participating merchants and retailers.
The National Institute of Marketing of Nigeria (NIMN) has unveiled plans to help businesses achieve meaningful customer engagement and drive sustainable growth by leveraging technology at its 2022 Annual Marketing Conference (AMC).
President of the Institute, Mr Idorenyen Enang, made this known in a statement on Sunday in Lagos.
He noted that the theme of the event, “Driving Business Sustainability in the Age of Data and Technology”, was to acquaint businesses with newer technological sustainability models.
Enang said that the AMC alongside its Annual General Meeting (AGM) would hold on June 16 and 17 at Eko Hotel, Lagos.
He said the event is expected to attract about 500 marketing professionals, entrepreneurs and business leaders across different sectors of the economy.
“The theme of the conference is topical and relevant to the Nigerian business community and is of interest to business across different sectors,” he said.
Chairperson of the Events and Conferences Committee, Mrs Adenike Olufade, said the choice of the theme was driven by the desire of the Institute to share with the audience how businesses are leveraging data and technology to achieve growth.
She added that there would be a keynote speaker and two panel sessions: namely, ‘Disruptive Marketing and The Future of Marketing in a Technology Driven World’.
“The keynote speaker and discussants are practitioners from different sectors of the Nigeria economy who are deploying data and technology in their respective sectors to deliver exciting customer experience to their market segments.
“Disruptive Marketing would be discussed by Mr Otome Oyo, General Manager (GM), EXP Agency Africa, Mr Kelechi Nwosu, Managing Director, TBWA, Ms Joyce Ibukun Aiyemo, Marketing Coordinator, Allied Foods (Burger King), and Mr Segun Ogunleye, GM, Marketing, Seven Up Bottling company.
“The second panel will feature Ms Ized Uanikhehi, Co-founder, Zedi Africa, Mr Ladi Oladipo, Head Marketing, Coral Pay, Mrs Omobolanle Akingblala, CMO, Hirefoster, and Prof Uchenna Uzo, Faculty Director, Marketing, Lagos Business School.
“The event will also feature the induction of new fellows into the institution and provides a platform for marketers across various industries to learn, network and create impact.
“The conference offers a great platform for learning and networking with accomplished executives in the marketing profession and other interested persons.
“This is a great platform to learn from business leaders who have successfully leveraged data and technology to drive business growth in a challenging environment,” she said.
Registrar of the Institute, Mr Sidney Ogodo, said the conference would feature an AGM where elections for the positions of first vice-president and second vice-president would hold.
He added that the electoral committee has commenced the process for the election by inviting eligible members of the institute to signify interest to contest for both positions.
Ogodo said that electronic voting system would be used to conduct the election to give members both within and outside the shores of the country the opportunity to exercise their franchise.
The Securities and Exchange Commission (SEC) says it is proposing some guidelines that will enable operators and investors in the capital market to digitise all their operations.
The management of SEC in a statement in Abuja on Monday said that the guidelines is contained in the Minimum Operating Standards for Information Technology for Capital Market Operators (CMOs).
SEC said the guidelines would establish a threshold for operational efficiency in the market through effective adoption of Information Technology (IT) in driving businesses to ensure security, confidentiality, integrity and reliability of information systems.
It added that with the increased dependence of financial services and related businesses on technology, there was need for rules that would define the minimum operating standards in the market.
”This will help operators harness the huge benefits derivable from the adoption of technology and also manage the attendant cyber-security threats and other risks that accompany the use of technology.
”It will also positively impact on the effectiveness and efficiency of the Commission to monitor and regulate all capital market operators in the market,” SEC said.
The Commission said the provisions of the document would apply to all categories of CMOs unless in sections where reference was otherwise made to specific categories of operators.
Onaiyekan berates politicians over Nigeria’s woos
By Bridget Ikyado
Abuja, May 1, 2022 (PANA) – The Emeritus Catholic Archbishop of Abuja, Cardinal John Onaiyekan, on Sunday berated the political class in the country, saying they have deliberately strangulated the country.
According to him, most of them now regard politics as avenue to capture the resources of the nation instead of offering service to the people.
Onaiyekan made the assertion during a Holy Mass to mark Fathers Day.
The event has the theme: ‘Celebrating the elderly (70 and above)’, was organised by the Catholic Men’s Organization (CMO) of the Holy Family Catholic Church Life Camp, Abuja.
“For as long as our political system is the way it is, anything goes.
“Obviously, those who have indicated interest in being president, must be able to buy a form for N100 million in Nigeria of today, and you obviously know the name of the game.
“It means if you are not part of that kind of people don’t even think of ruling Nigeria.
“Who told them that it is only the rich people who can rule Nigeria or that the problem of Nigeria is going to be solved by these people who are already very happy with the way things are?”
“They are not going to change anything for me and you,” he said.
Onaiyekan added that Nigeria may not likely change for the better “because those who should do it are the beneficiaries of the system that we want to change.
“They do not want to block the loopholes that they normally use to get it.”
In spite of the situation, the cleric said Nigerians must pray for a good person to be president of the country in 2023.
Chairman of the CMO, Chief Cyril Ezeani, urged the government to do more in caring for the elderly.
He also urged Nigerians to begin to rebuild the dying culture and consciousness of taking care of the elderly.
“To honour and obey parents is the only commandment of God that comes with a promise, and one of the best promises for that is longevity,” Ezeani added.
He urged the Church and other faith-based institutions, Non-Governmental Organisations and governments to establish recreational centres for the elderly.
“A place they can go and socialise and play games to kill the boredom of loneliness and abandonment,” he added.
The Parish Priest, Rev. Fr Anthony Olaniyan, said Nigerians should celebrate senior citizens by spending time with them and keeping them happy.