A Federal High Court, sitting in Abuja, Wednesday, endorsed the terms of out of court settlement adopted by the DAAR Communications Plc and the National Broadcasting Commission (NBC).

Justice Inyang Ekwo adopted the 7-point terms of settlement as consent judgment of the court, following the decision of parties which include, Federal Ministry of Information and Culture and Attorney- General of the Federation to resolve the matter out of court.

In the settlement terms, DAAR Communications Plc agreed to furnish the NBC with a concrete proposal and ensure the prompt payment of the outstanding licence renewal fee for its national network broadcast licence.

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