• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Nigerian tribunal fines Multichoice N150m, orders free one-month subscriptions

Simon Osuji by Simon Osuji
June 7, 2024
in Business
0
Nigerian tribunal fines Multichoice N150m, orders free one-month subscriptions
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

The tribunal also ordered Multichoice Nigeria to provide one-month free subscriptions on DStv and GOtv for Nigerians.

On April 24, Multichoice Nigeria announced a 25% increase in the subscription costs for its DStv and GOtv packages. This marked the second time in six months that Multichoice has raised subscription prices, with the previous increase being at least 19%.

However, on April 29, the tribunal ordered Multichoice to halt the tariff and price increases for its products and services, which were scheduled to take effect on May 1.

In its ruling on Friday, a three-man panel chaired by Justice Thomas Okosu held that Section 39(2) of the FCCPC Act states that the tribunal shall have jurisdiction throughout the federation and on all commercial activities aimed at making a profit.

“The jurisdiction of this tribunal extends to all business activities within Nigeria,” Okosu ruled.

The Tribunal noted that asides from Multichoice dismissal of its interim orders, its action of hiking DSTV and GOTV prices is condemnable and must not be condoned by the Tribunal.

Source link

Related posts

BRICS Gold Will Soon Overtake Treasury Holdings

BRICS Gold Will Soon Overtake Treasury Holdings

February 7, 2026
One Good And Bad News For SHIB Holders

One Good And Bad News For SHIB Holders

February 7, 2026
Previous Post

Sealana Presale to End in Under 3 Weeks With Over $3 Million Raised for Viral Meme Coin

Next Post

Thales to Boost Indonesian Defense With New Joint Venture

Next Post
Thales to Boost Indonesian Defense With New Joint Venture

Thales to Boost Indonesian Defense With New Joint Venture

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Nvidia CEO Jensen Huang Praises Nuclear Energy to Power AI

Nvidia CEO Jensen Huang Praises Nuclear Energy to Power AI

1 year ago
Jobberman Wants to Help Employers Get Ahead of the Japa Wave

Jobberman Wants to Help Employers Get Ahead of the Japa Wave

2 years ago
Interview: Athene Donald, Master of Churchill College, University of Cambridge

Interview: Athene Donald, Master of Churchill College, University of Cambridge

3 years ago
Kenya: A Beacon of Hope in Haiti

Kenya: A Beacon of Hope in Haiti

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.