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 to private equity but could not make long term commitments to private equity funds. Because private equity had been booming in the preceding years, the proposition of investing in a KKR fund appeared attractive to certain investors. However, KPE's first-day performance was lackluster, trading down 1.7% and trading volume was limited. Initially, a handful of other private equity firms and hedge funds had planned to follow KKR's lead but shelved those plans when KPE's performance continued to falter after its IPO. KPE's stock declined from an IPO price of €25 per share to €18.16 (a 27% decline) at the end