DAAR Communications PLC
NNSENG:DAARCOMM1.45
NGN
-0.01
(-0.68%)
ISIN
NGDAARCOMM01
Return %
Stock
S&P 500
1Y
40.78
14.20
3Y
530.43
81.12
5Y
625.00
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Full Time Employees
- 370
- Sector
- Consumer services
- Industry
- Broadcasting
- Address
- Abuja Nigeria
- IPO Date
- Feb 25, 2008
- Website
- daargroup.com
- Similar Companies
- Business
- DAAR Communications PLC is an independent media and broadcasting enterprise based in Nigeria that provides commercial television, radio broadcasting, content production, and digital transmission services. Incorporated in 1988 and headquartered in Abuja, Nigeria, the company operates as a subsidiary of DAAR Investment & Holding Company Limited and serves individual consumers, commercial advertisers, and institutional clients across Nigeria, the broader West African region, and international diaspora markets. The company conducts its business across terrestrial, satellite, and digital platforms, offering a structured portfolio of media assets and services, including Africa Independent Television (AIT), a flagship national and regional television network delivering news, public enlightenment, cultural programming, and entertainment; AIT International, a satellite-transmitted television service reaching audiences in Europe, North America, and across Africa; AIT News 24, a continuous 24-hour news and current affairs broadcast channel; AIT Sports, a specialized channel dedicated to national and international sporting events and sports analysis; RayPower 100.5 FM, an independent commercial radio broadcasting network delivering news, talk shows, lifestyle content, and contemporary music; Faaji 106.5 FM, a radio station broadcasting localized and indigenous entertainment programming; direct-to-home digital satellite transmission and digital streaming operations; custom audiovisual production, studio facilities rental, and outside broadcast (OB) services; and commercial advertising, corporate sponsorship, and broadcast syndication solutions. In recent operational and corporate developments, DAAR Communications PLC has implemented extensive strategic restructuring and cost-optimization programs following board leadership consolidation under re-elected Chairman Raymond Dokpesi Jr., yielding operational turnaround and a return to quarterly profitability in 2025 and 2026. In addition, the organization entered into a strategic media partnership as the official broadcast partner for the Essentials of Modern Marketing Nigeria initiative and initiated legal and corporate governance proceedings to rectify unauthorized registry modifications to its issued share capital and ownership structure on the Corporate Affairs Commission portal, reinforcing institutional governance and shareholder protection.