MultiChoice Wins Reprieve in Subscription Price Hike Dispute

MultiChoice Wins Reprieve in Subscription Price Hike Dispute | Daily Report Nigeria

  The Competition and Consumer Protection Tribunal has granted MultiChoice Nigeria a temporary reprieve in the subscription price hike dispute, dismissing the case instituted against the media giant.   The tribunal, led by Thomas Okosu, dismissed the case following an oral application by the claimant, Festus Onifade, to withdraw his case against MultiChoice. The company’s … Read more

FCCPC to Review Fresh Price Increase Of DStv, GOtv Packages

FCCPC to Review Fresh Price Increase Of DStv, GOtv Packages | Daily Report Nigeria

The Federal Competition and Consumer Protection Commission (FCCPC) has said that it will review the recent price hikes by MultiChoice for its cable subscriptions in Nigeria. The investigation aimed to ensure that Nigerian subscribers receive fair value for their money. Adamu Abdullahi, the Acting Chief Executive officer (CEO) of FCCPC, spoke exclusively to Channels Television, … Read more

Multichoice to Stop Broadcasting Emmanuel TV

Multichoice to Stop Broadcasting Emmanuel TV | Daily Report Nigeria

Multichoice, the parent company of DStv and GOtv will stop broadcasting Emmanuel TV, the religious television network owned by the late Nigerian televangelist Temitope Babatunde Joshua, popularly known as TB Joshua. According to Multichoice, it will no longer air Emmanuel TV on its platforms from Wednesday, January 17, 2024. The decision to remove Emmanuel TV … Read more

BREAKING: Tribunal Restrains MultiChoice from Raising DSTV, GOtv Packages

BREAKING: Tribunal Restrains MultiChoice from Raising DSTV, GOtv Packages | Daily Report Nigeria

On Monday, a Competition and Consumer Protection Tribunal (CCPT) in Abuja issued an interim order restraining MultiChoice Nigeria Limited from increasing its tariffs and costs of products and services, which were scheduled to take effect on May 1. The three-member tribunal, presided over by Saratu Shafii, granted the ex-parte motion moved by Ejiro Awaritoma, counsel … Read more

Multichoice Writes Off N31.6bn Held in Liquidated Heritage Bank

Multichoice Writes Off N31.6bn Held in Liquidated Heritage Bank | Daily Report Nigeria

Multichoice Group, the South African Pay-TV operator, has announced a significant financial setback, writing off N31.6 billion (approximately $21 million) in cash held with the recently liquidated Heritage Bank. This loss was disclosed in the company’s half-year results for the period ending September 30, 2024. The company had previously reported a deposit of N33.7 billion … Read more