TEAM LAGOS EMERGES TOP AT 23RD NATIONAL SPORTS FESTIVAL SOUTH WEST ELIMINATION. (PHOTOS). #PRESS RELEASE.

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 TEAM LAGOS EMERGES TOP AT 23RD NATIONAL SPORTS FESTIVAL SOUTH WEST ELIMINATION Lagos State athletes proved their dominance in the South West by edging out regional competitors and emerging top in the five team events contested at the elimination series qualifier for the 23rd National Sports Festival later this year in Enugu. The elimination series featured team events in volleyball, basketball, football, beach volleyball, and cricket in male and female categories. While the team clinched only the female football ticket by topping their group, they showed dominance in three other sports by winning both the male and female tickets. Team Lagos took first position in the volleyball male and female categories. The male team defeated their counterparts from Ondo in the finals by 25-18, 24-26, 25-20, and 25-20, while the female team defeated Team Oyo by 25-18, 22-25, 28-26, 16-25, and 15-8. The Osun basketball team fell to the superior firepower of the Team Lagos male team in their last ...
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ARCON TO INVESTIGATE MOBILE ADVERTISING DEBT OF ONE BILLION NAIRA (N1B): SEEK TO ENFORCE THE PROVISIONS OF THE NIGERIAN ADVERTISING LAWS. (PHOTO). #PRESS RELEASE.

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 ARCON TO INVESTIGATE MOBILE ADVERTISING DEBT OF ONE BILLION NAIRA (N1B): SEEK TO ENFORCE THE PROVISIONS OF THE NIGERIAN ADVERTISING LAWS


1 The Advertising Regulatory Council of Nigeria, (ARCON) has received tuwo petitions against Emerging Markets Telecommunications Services Limited (trading as 9mobile), a member of the Advertisers Association of Nigeria (ADVAN) relating to its long overdue indebtedness of one billion Naira [N1B) for advertising services. 

2 It was also alleged that while 9mobile refused to pay or resolve its indebtedness to the agencies, it has gone ahead to brief other agencies to continue its advertising and advertisement business with impunity. The agencies owed are left in limbo. 

3 ARCON will investigate the movement of the account from the agencies owed to the new agencies briefed to ascertain compliance with disengagement protocol as well as possible breach of ethical procedure. 4. By the workings of the advertising ecosųstems, advertising debts are beyond agencies, they belong mostly to media houses and third-party vendors/suppliers who are significantly affected by the indebtedness with multiplier effect on their cash flow and operations.

 5 ARCON will work with relevant anti-graft and other government agencies to ensure detailed investigation is done and the debt resolved/paid. This is an economic sabotage capable of inhibiting the Federal Government policų of inclusive industry grouwth and development of the Nigerian advertising industry.

 6. This isto reiterate that the Nigerian advertising industry payment threshold remains 45 days.

7 ARCON will take all necessary actions to eradicate unfair advantage, unethical competition and unequitable policies befween relevant stakeholders in the Nigerian advertising industry, ensuring adherence to payment threshold, industry credit policų, protection of copyright/intellectual property ownership, and compliance with the Advertising Industrų Standard of Practice (AISOP)

Dated 30th May 2025 Dr. Olalekan Fadolapo, FCA, fnimn, frpa

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