Telecommunications in Nigeria Telecommunications in Nigeria Telecommunications in Nigeria include radio, television, fixed and mobile telephones, and the Internet. Radio stations: Radios: 23.5 million (1997). Television stations: nearly 70 federal government-owned national and regional TV stations; all 36 states operate TV stations; several private TV stations operational; cable and satellite TV subscription services are available (2007). Television sets: 56.9 million (2007). Nigeria's media scene is one of the most vibrant in Africa. Newspapers, television and radio remains the most important medium of mass communication and information, with Social media rapidly emerging as the next big medium. International broadcasters, including the BBC, are popular.
Private equity in the 2000s severely constrained by tight credit markets. As 2003 got underway, private equity began a five-year resurgence that would ultimately result in the completion of 13 of the 15 largest leveraged buyout transactions in history, unprecedented levels of investment activity and investor commitments and a major expansion and maturation of the leading private equity firms. The combination of decreasing interest rates, loosening lending standards and regulatory changes for publicly traded companies would set the stage for the largest boom private equity had seen. The Sarbanes Oxley legislation, officially the Public Company Accounting Reform and Investor Protection Act, passed in 2002, in