NIRA Releases list of Premium Domain Names and determines price thereof
For the information of all regarding Premium Domains on the .ng TLD. The mail below was sent to all .ng NIRA Accredited Registrars.
February 25, 2010
RE: RELEASE OF LIST OF PREMIUM DOMAINS
We refer to the above subject matter.
The Board of Directors of Nigeria Internet Registration Association has approved the list of Third Level premium domains, and has endorsed the recommendations of the Auction Committee regarding the categorization and the pricing.
In considering this list of Premium domains, the paramount objective is to populate the .ng registry. The list is subject to NiRA’s existing Policies and Procedures, and NiRA reserves the right to review the list, and shall monitor the trend of uptake of the .ng domain name space from time to time, but not for periods earlier than six month-intervals. NiRA would abide by its Policy on Premium Domains.
The list is clearly categorized in order to avoid any ambiguity. The Third Level Premium Domains are delineated thus:
A. Registered Domains
B. Non-Registered Domains
Each of these categories has been further classified into 2 sub-categories, thus:
A1 Names that are Corporate identity or Trademark duly registered with the Corporate Affairs Commission of Nigeria and are on the list of registered .ng third level domains prior to the re-delegation of the .ng registry to NiRA
A2 Names that are Single words or Compound words duly registered as third level domains in the .ng registry prior to the re-delegation of the .ng registry.
B1 Names that are Corporate identity or Trademark but not registered as third level domain in the .ng registry prior to the re-delegation of .ng registry
B2 Names that are Single words or Compound words not registered as third level domains in the .ng registry prior to the re-delegation of the .ng registry.
All Premium third level domain names are to be sold by auction. However,
v The pricing for domains in sub-categories A1 and A2 are fixed in accordance with the pricing for the list of Third Level Premium Domains
v Domains in sub-categories B1 and B2 are to be purchased in accordance with NiRA’s Auction process for Third Level Premium Domains
A Concessionary Capped Price of N50,000.00 is to be charged for domains in sub-category A1. This concessionary pricing shall be effective from March 1, 2010, but shall not be retroactive as there would be no refunds of monies paid previously for any registrations or renewals of such domains.
v A Capped Price of N100,000.00 for a Corporate identity or Trademark duly registered in the .ng registry as well as with the Corporate Affairs Commission of Nigeria prior to March 1, 2010, but after the re-delegation of the .ng registry
v A Capped Price of N200,000.00 for a Single-generic-word domain in sub-category A2.
v A Capped Price of N100,000.00 for a Compound -generic-word domain in sub-category A2
v These pricing for categories A1 and A2 are for a limited period NOT beyond four weeks from the effective date. The prices will revert to the conditions for domains in sub-categories B1 and B2 after the four-week period
v Owners of the corporate identity or trademark will be given the “First Offer of Refusal” in sub-category B1.
v The “Buy Now” Price for any domain in sub-categories B1 and B2 is N500,000.00
v The pricing referred to here are prices for premium domains in the third level category of premium domains
This delineation of some domains as “Premium” is in tune with the best practices in the industry.
The desire to quickly populate the .ng registry and to make it affordable has necessitated placing a maximum cap price on the cost of some of the domains.
The list consists mainly of generic words. The number of Third Level Premium domains on this list is 6,957.
The list of premium domains is deemed effective from March 1st, 2010
NIGERIA INTERNET REGISTRATION ASSOCIATION
MRS. MARY UDUMA
Vice President, Board of Directors
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