African broadcast company, MultiChoice has stated that the attempts by the Independent Communications Authority of South Africa (ICASA) to stimulate competitiveness in the playing fields among local broadcasters will have unintended consequences. “We should not be trying, through regulation, to bring MultiChoice to its knees,” said MultiChoice Group CEO, Calvo[Read More…]
Tag: Monopoly
FG orders DSTV to suspend tariffs hike
The Nigerian Government has ordered the management of MultiChoice, to suspend the implementation of its new hiked tariffs on different bouquets on its DSTV. The Acting Director General of the Nigerian Broadcasting Commission, NBC, Armstrong Idachaba, gave the order on Tuesday. Also, the Minister of Information and Culture, Alhaji Lai[Read More…]
FG Prohibits Multichoice, Others From Exclusive Sporting Rights
The Federal government has announced that DStv and other broadcasters in Nigeria would no longer enjoy exclusive sporting right in Nigeria. The Minister of Information and Culture, Alhaji Lai Mohammed announced this in a statement on Thursday in Abuja. This was as he directed the National Broadcasting Commission (NBC) to[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]