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FCCPC summons MultiChoice over price hike, vows to protect consumers

By Juliet Umeh The Federal Competition and Consumer Protection Commission, FCCPC, has summoned MultiChoice Nigeria over its planned subscription price increase set to take effect on March 1, 2025. In a statement by Ondaje Ijagwu, FCCPC’s Director of Corporate Affairs, the commission expressed concerns over the recurrent price hikes in Nigeria’s pay-TV industry, warning against […]

Naira depreciates to N1,502/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,502 per dollar in the parallel market from N1,500 per dollar on Monday. However, the Naira appreciated to N1,501.5 per dollar in the Nigerian Foreign Exchange Market (NFEM)Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira fell to […]

DStv, GOtv introduce loyalty benefits to cushion price hike

In response to the recent tariff adjustments, MultiChoice Nigeria has introduced a support package aimed at easing the financial burden on DStv and GOtv subscribers. The pay-TV service provider, in a message to subscribers on Monday, announced that new tariffs will take effect from March 1, 2024.

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