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WHEN Koko Mansion, a television reality show being facilitated by HiTV Nigeria, finally begins, viewers in faraway France and Nigeria’s next door neighbour, Ghana, as well as other African countries, will have the opportunity of seeing the show being labelled as the ‘biggest reality show in Africa live.






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This is going to be made possible because HiTV, the wholly Nigerian pay-television company, is among other African channels currently on the French IPTV operator Free, which has introduced a new range of African channels on its platform.

Being the first group brought together in the African Premium bouquet, it was developed in cooperation with Thema and comprises nine public and commercial channels from a variety of African nations –two from Senegal ( RTS and 2STV), three from Cameroun, (CRTV, STV2 and Canal 2), the national public channel of Côte d’Ivoire (RTI), the public channel of Mali (ORTM), the public channel of Congo (Tele Congo) and the pan-African channel, Africable. HiTV is available on Free as a la carte service.

Free’s basic TV subscribers can in addition receive the pan-African news and information channel, Voxafrica.

Also, in Ghana, a deal has been signed between HiTV and Skyy Media for the distribution of HiTV’s flagship channels, Hi-Nolly and Nigezie on its platform. Its founder and chief executive director, Mr. Toyin Subair, in a statement said, HiTV is pleased about this development “especially in the light of its new TV reality show featuring D’Banj, and tagged Koko Mansion, being supported by Nigerian Breweries Plc, Jagal Group, a programme that is billed to come up soon on our platform. The implication of this is that viewers in Africa and Europe will get to see Koko Mansion live as events unfold in the quest of searching for the ideal Kokolette (woman). We are happy that in just two years, HiTV is moving ahead on a difficult turf such as the pay-television’s.”

Subair said the arrival of Hi Nolly and Nigezie in France and Ghana shows that HiTV is leading the pack in showcasing Nigeria’s culture in the area of movie and music. “It is time to take Nigeria’s culture to the outside world, we want the world to know more about us in this period that we are rebranding as a nation. So, what HiTV is doing is complementing the federal government’s efforts aimed at rebranding our nation.”

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Comment by owolabs on June 5, 2009 at 9:15pm
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Comment by anyamele princess _achike on June 3, 2009 at 2:14pm
THATS A WONDERFUL NEWS OOOOOOOO.
Comment by owoyemi olayemi on June 3, 2009 at 11:39am
rebranding or remoneying. Hitv correcrt tv
Comment by ADAMS JEFF on June 3, 2009 at 10:15am
What a wonderful development, am very glad hearing this.
Comment by andrew mogbolu on June 3, 2009 at 10:10am
Key money market rates rose for the first time in more than two months amid worries that the economic revival could stall as the financial health of banks remains fragile.

The cost of borrowing dollars between banks over three months, or dollar London interbank offered rates, on Tuesday rose for the first time since March 26. Dollar Libor edged up to 0.663 per cent from 0.660 per cent.

Three-month euro Libor also rose for the fifth day in a row to 1.270 per cent, although sterling Libor continued falling. It has dropped 62 days in a row since February 24 and now stands at 1.278 per cent.

Three-month Libor rates are the key rates in the market as billions of dollars of financial contracts are priced by them.

Don Smith, economist at inter-dealer broker Icap, said: “We are a long way from a broad-based recovery in the money markets. There are still worries about the financial system and some banks are still hoarding cash.

“We also have a very tiered market with stronger institutions able to borrow at much lower rates than the weaker ones.

“However, this rise in dollar Libor is very small. It is not a significant turning point. You have to put it in the context of how far dollar Libor and other Libor rates have fallen in the past few months.”

Dollar Libor jumped to a high of 4.820 per cent in October after the collapse of Lehman Brothers. Euro Libor rose to 5.393 per cent, while sterling Libor spiked to 6.285 per cent.

However, there are concerns that banks are hoarding cash as they continue to repair their balance sheets. Dealers say only a few banks are prepared to lend, including a couple of big US banks and some Middle East and Asian financial institutions.

The weaker banks are also being forced to pay much more to borrow than the stronger institutions.
Comment by Wonzu Sabrina on June 3, 2009 at 8:29am
this is a gud one
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