COSON Begins Payment Of Royalties Monday, Demands =N=150m Damages From Adversaries Over Frozen Accts.

Chief Tony Okoroji, COSON Chairman The Copyright Society of Nigeria (COSON) has concluded arrangements to commence the payment of royalties to eligible members from Monday, February 18, 2019. This is in fulfillment of its contractual obligations to right owners as well as carrying out its mandate as the best managed Collective Management Organisation (CMO) in the country. COCON Board Chairman, Chief Tony Okoroji, made the disclosure in a telephone exchange with www.beats-onit.com.ng on Sunday, February 17, 2019, pointing out that the process experienced an unprecedented delay on account of the…

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Financial Experts Enumerate Costs Of Elections Postponement

Financial experts on Saturday said the hasty postponement of the general elections by the Independent National Electoral Commission (INEC) would create uncertainty and affect inflow of foreign investments. They said in separate press interviews in Lagos that the hasty postponement a few hours to the Presidential and National Assembly elections was not good for the economy and investors’ confidence. INEC had hours earlier, announced the shift of the Feb. 16 Presidential and National Assembly elections to Feb. 23. The Governorship and State House of Assembly as well as FCT Area…

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Air Peace Applauds Dickson Over Construction Of Bayelsa Airport

Air Peace Nigerian carrier, Air Peace, has commended Gov. Seriake Dickson of Bayelsa for constructing the new Bayelsa International Airport, saying it was a new dawn for the people of the state. Air Peace’s Chief Operating Officer, Mrs Oluwatoyin Olajide, gave the commendation on Friday in Lagos after Air Peace became the first airline to operate commercial flight into the new airport on Thursday. Olajide said the airport would be a vehicle for the industrial and economic development of the state. “Air Peace is an airline of many firsts. We…

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MCSN Pledges Adherence To Proper CMO Regulation For Well-Being Of Music Industry

Director-General, NCC, Mr. John Asein flanked by (L-R) CEO MCSN, Mayo Ayilaran; Chairman MCSN, Pupa Orits Williki and General Manager, MCSN, Mr.Louis Udoh during the visit of MCSN officials to the Commission Headquarters, Abuja The Musical Copyright Society of Nigeria (MCSN) has indicated its commitment to partnering with the Nigerian Copyright Commission (NCC) for proper regulation of collective management organisations (CMOs) in the interest of right owners and the development of the creative industry. A statement issued by the Commission’ss Director, Public Affairs, Mr. Vincent A. Oyefeso, on Thursday, informed…

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Music Stakeholders, Copyright Commission Collaborate On Creative Industries Growth

At a music stakeholders’ meeting,DG, NCC, Mr. John Asein (M) addressingRegional Coordinator, IFPI, Mr. Rob Hooijer(4th L); and(Left-Right)Director, Prosecution, NCC, Mr. Obi Ezeilo; representative of Universal Music Nigeria, IsiomaIdigbe; Mr. MichaelUgwu, of Sony Music Entertainment; Director, Legal Services, NCC, Abdul Ter Kohol Esq; Director, Finance and Accounts, Mr. Mark Obasi; Director, Administration, Dr. IdowuOgunkuade; Director, Regulatory, Mr. BitrusDauda; Director, Planning Research and Statistics, Mr. Mike Akpan Development partners and other stakeholders in the music industry have expressed their interest in collaborating with the Nigerian Copyright Commission (NCC) for effective regulation…

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No Risk Assessment Test Of Kabba Stadium Reason Osibajo’s Copter Crash-Landed – AIB

The Caverton helicopter that carried Osinbajo and aides The operator of the crashed chopper involving Vice President Yemi Osinbajo in Kabba, Kogi, failed to carry out risk assessment test of the Kabba Stadium prior to the flight. Mr Akin Olateru, the Accident Investigation Bureau (AIB) Commissioner, made this known while presenting the bureau’s report to newsmen in Lagos on Wednesday. AIB released its preliminary report on the February 2 Caverton Helicopter crash involving Vice President Yemi Osinbajo and aides in Kabba, Kogi. Olateru, presenting the reports exactly 11 days after…

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Frozen Account: COSON Floors Adversaries As Court Orders Reopening

COSON Chairman, Tony Okoroji (m) flanked by some staff and board members after the Court order to reopen the society’s bank accounts The Federal High Court Lagos, on Wednesday, February 6, 2019 ordered the re-opening of all bank accounts of Copyright Society of Nigeria (COSON) at United Bank for Africa (UBA), Diamond Bank PLC and First Bank of Nigeria, frozen as a result of an interim order issued by him on November 30, 2018. Mr. Justice Mohammed Hassan who gave the order, also struck out Suit No. FHC/L/CS/1819/2018 brought by…

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Ambode Presents =N=852.316BN Y2019 Budget To State Assembly

Lagos State Governor, Mr. Akinwunmi Ambode, presenting the Y2019 Budget to the State House of Assembly, at the Assembly Complex, Alausa, Ikeja, on Tuesday, February 5, 2019. Lagos State Governor, Mr Akinwunmi Ambode on Tuesday presented the year 2019 budget proposal of N852.316billion to the House of Assembly, with a pledge that it had been carefully prepared to be all-encompassing and dedicated to complete major ongoing projects in the State. The Governor said N462.757billion representing 54 percent of the total budget size had been earmarked for capital expenditure, while N389.560billion…

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AMCON, ESVARBON Deliberate On Improved Collaboration

Sir Nweke Umezuruike Chairman, ESVARBON, (standing 6th from right); Mr. Ahmed Kuru, Managing Director, Asset Management Corporation of Nigeria (AMCON) holding a copy of the “Green Book”; Mr. Aminu Ismail, Executive Director, AMCON; holding another copy of “Green Book” Mr. Victor Alonge, Board Member, Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON); Dr. Eberechukwu Uneze, Executive Director, AMCON and Mr. Joshua Ikioda, Group Head, Resolution, AMCON and other officials of both agencies in a group photograph at the end of ESVARBON visit to AMCON….in Abuja on Tuesday The Asset…

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Businessday Excellence In Public Service Award Goes To AMCON MD, 15 Others

Head, Corporate Communications, Asset Management Corporation of Nigeria (AMCON); Mr. Jude Nwauzor, receiving on behalf of AMCON MD/CEO the Businessday Excellence In Public Service Award 2018 from Alhaji Umaru Abdul Mutalab, the former Chairman of First Bank at the event at the Shehu Musa Yar’Adua Centre, Abuja Again, the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru was among the recipients of the Businessday Excellence In Public Service Awards 2018. The AMCON boss was one of the 16 public and civil servants that were…

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