News

Trouble Looms As NANS Issues MultiChoice Ultimatum On DSTV, Gotv Subscription Hike

Published

3 years ago

April 26, 2023

Editor

The National Association of Nigerian Students, South-West Zone, has given MultiChoice Nigeria a seven-day ultimatum to reverse its planned hike on DSTV and GOTV subscription rates.

The student association made this known in a statement on Wednesday signed by its Coordinator, Adejuwon Olatunji; Deputy Coordinator, Alao John, and Public Relations Officer, Opeoluwa Awoyinfa

MultiChoice had announced an upward review of prices on its DSTV and GOTV packages by 17 per cent in text messages sent to its subscribers. It stated that the new rates would take effect on May 1, 2023, while also noting that rising costs of business operations were the reason behind the increase.

But opposing the subscription hike, NANS said the South African company was bringing hardship on, and extorting Nigerians, without considering their standard of living.

It also noted that tariffs should be charged on a ‘pay as you view’ basis.

“Today, we are aware that MultiChoice Digital Satellite has increased their tariffs without considering the standard of living of Nigerians. We have also waited for long to see if this same company will dance to the music of Nigerians who have been clamouring for pay as you view tariff but the reverse is the case.

“This is the time to call on the National Broadcasting Commission to go back to the commission act to regulate the ownership, activities and operations of Direct Broadcast Satellite Service Providers. DSTV is one of the leading direct-to-home service providers in Nigeria since its inception of operation far back in 1995 and has also made a lot of profit with over 25 million subscribers which is the largest market for its operations.

“We want the Federal Government to stampede their proposed plan in tariffs increment and also force them to implement the pay-as-you-view system. We are aware that DSTV operates a system of pay-as-you-go tariffs in other countries.”

Stating that Nigeria constitutes over 45 per cent of DSTV’s global market share, the student body called on the President, Major General Muhammadu Buhari and the Minister of Communication to “break the sporting right of MultiChoice” and provide an alternative service provider in the country so that “Nigerians can stop being exploited on a daily basis.”

Giving the ultimatum, NANS said, “We hereby give seven days ultimatum to MultiChoice Digital Satellite Television to reverse their plan of increasing their tariffs and also yield to the call of Nigerians and also implementing pay as you view tariffs or else we shall be left with no other option than to lock up all offices of DSTV until our demands are met which is the mind of all Nigerians.”

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

5 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.