NigComSat: Nigeria’s satellite company still not profitable 14 years after launch

Kunle ADEBAJOWHEN the Nigerian Communication Satellite company, NigComSat, was incorporated in 2006, the government had ambitious plans to make it world-class. The country’s excitement overflowed the following year with the launch of Sub-Saharan Africa’s first geostationary communication satellite. By April it will be 14 years since the journey started, but NigComSat’s scorecard remains unsatisfactory.Domiciled under … Continue reading NigComSat: Nigeria’s satellite company still not profitable 14 years after launch