You remember the Nigeria Internet Registration Association (NIRA) recently reviewed the status of over 1800 (not-so) premium .ng domains. Domains like aero.ng, acid.ng and freebies.ng, which were previously auction for outrageous prices, are now available for the “regular” price of N15000 (about $75).
But did you ever wonder what NIRA did with all that “premium” domain money? Here’s what the Ministry of Communication Technology tweeted earlier today
@OmobolaJohnson commissioning the NIRA House purchased from the proceeds of past sales of premium domain names../1 pic.twitter.com/caidtGUgFQ
Related Story: Eko DisCo, Nigeria’s second largest electricity distribution company, has sold 60% stake to Transgrid Enerco— Fed. Min. of Comms, Innovation & Digital Economy (@FMCIDENigeria) April 17, 2015
That’s right, NIRA built a house with all that premium domain money.
This validates the fact that the business & wealth creation opportunities in the Domain Name Registration Industry are significant../2.
— Fed. Min. of Comms, Innovation & Digital Economy (@FMCIDENigeria) April 17, 2015
How much did this premium domains go for actually? Definitely not N15000. And how much of that is left for registrars after NIRA takes due commissions? We are getting you NIRA.
But if it’s any consolation, NIRA has also announced the launch of new .i.ng TLD
Dr Johnson commended NiRA for opening a new zone “.i.ng” to further enhance thechoice of Nigerians to project their identity on the Internet
— Fed. Min. of Comms, Innovation & Digital Economy (@FMCIDENigeria) April 17, 2015
Dr Johnson commended NiRA for opening a new zone “.i.ng” to further enhance thechoice of Nigerians to project their identity on the Internet
— Fed. Min. of Comms, Innovation & Digital Economy (@FMCIDENigeria) April 17, 2015
Way to take our shine NIRA. You want to start snatching all possible iterations of the .i.ng domain, as soon as they’re available, before the all go premium.
