News

DSTV Hike: Lawyer To Paste Restraining Order At MultiChoice Office

Published

2 years ago

May 2, 2024

Editor

The Competition and Consumer Protection Tribunal in Abuja has ordered that its interim order, restraining MultiChoice Nigeria Limited from increasing DSTV tariff, be pasted at the firm’s “corporate headquarters or any known address of the branches of MultiChoice Nigeria Limited across Nigeria.”

The chairman of the tribunal, Saratu Shafii, who made the order dated April 29, 2024, said the document should also be MultiChoice’s known email address, social media handles and any means of communication publicly known for MultiChoice.

The interim order, restraining MultiChoice from increasing its tariff, was granted in favour of an Abuja-based lawyer, Festus Onifade, who is aggrieved by MultiChoice recent announcement to increase the tariffs on its DStv and Gotv packages effective from May 1.

In his suit, marked CCPT/OP/2/2024, Onifade listed MultiChoice Nigeria Ltd and the Federal Competition and Consumer Protection Commission as defendants.

He sought “an order of interim injunction of this honourable tribunal restraining the 1st defendant whether by themselves, her privies, assigns by whatsoever name called from going ahead with impending price increase scheduled to take effect from 1st May 2024, pending the hearing and determination of the motion on notice.

“An order restraining the 1st defendant from taking any step(s) that may negatively affect the rights of the claimant and other consumers in respect of the suit pending the hearing and determination of the Motion on Notice.”

On Monday, April 29, the tribunal issued an order stopping MultiChoice from increasing its tariffs and cost of products and services scheduled to take effect from May 1.

The three-member tribunal, presided over by Shafii, gave the order following an ex parte motion moved by Ejiro Awaritoma, counsel for the applicant.

The company was restrained from effecting its planned price hike pending the hearing and determination of the motion on notice filed before it.

However, upon moves by the tribunal to serve Multi-Choice, the bailiff alleged that staff at the Abuja office of the company refused to receive service of the order and other court documents.

The bailiff claimed that one of the company’s top managers at the Abuja office refused to receive the documents and instructed that the documents be sent to the Lagos office, being the headquarters.

Following the bailiff’s feedback, the tribunal issued an order of substituted service on MultiChoice pursuant to Section 48 of the Federal Competition and Consumer Protection Act, 2018; and Part N, Order 14 Rule 11(1) of the CCPT Rule, 2021.

In the certified true copy of the order of substituted service, the Shaffi-led panel directed that the ex-parte order in suit number: CCPT/OP/2/2024, be pasted at the corporate headquarters or any known address of the branches of MultiChoice Nigeria Limited across Nigeria.

She also ordered that the documents be sent to the company’s “known email address, social media handles and any means of communication publicly known for Multi-Choice and shall also be pasted in the CCPT communication outlet.”

Multi-choice had recently announced price increments across its DStv and GOtv packages effective May 1, 2024.

The pay-TV company had claimed the price hike was due to the cost of business operations in Nigeria.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

6 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

6 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

8 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.