June 2024 - Page 3 of 4 - Business Metrics

Economy Reforms: I have no Cabal to Sponsor of Compensate – Tinubu

FULL TEXT: President Bola Tinubu’s Democracy Day Speech, June 12, 2024

TEXT OF PRESIDENT BOLA TINUBU’S NATIONAL BROADCAST ON THE 25TH ANNIVERSARY OF UNBROKEN DEMOCRACY IN NIGERIA, DEMOCRACY DAY 12TH JUNE 2024. My fellow Nigerians, let me...

News5 months ago

2024 Supplementary Budget Hits N1.299 Trillion as Senate Okays Fresh N98.5bn

The Nigerian Senate has approved a supplementary budget of N98.5 billion for the Federal Capital Territory (FCT) for 2024 on Tuesday. Together with a N1.2 trillion...

Technology5 months ago

Total .NG Domain Names Surpass 225,000 – NiRA

NiRA receives rousing recognition at ICANN80 The total domain names of the .ng registry have increased to 225,533, according to data made available by the Nigeria Internet Registration...

Economy5 months ago

FAAC Disburses N1.143 Trillion to FG, States, LGAs in May 2024

The Federation Accounts Allocation Committee (FAAC) has announced the disbursement of N1.143 trillion as the total revenue for May 2024. This announcement was made at the...

Technology5 months ago

InDrive Announces Platform Safety Upgrade

InDrive, the leading ride-hailing app has added a Safety Tips feature to its application, to remind passengers and drivers of available safety features and provide tips...

Court Fines Multichoice N150m over Tariff Hike, Orders One Month Free Subscription The Competition and Consumer Protection Tribunal has fined the prominent Pay-TV operator, Multichoice Nigeria, owners of DSTV, GOTV, N150 million for disputing the court’s jurisdiction, and ordered the company to provide Nigerians with a one-month free subscription to its subscribers. A three-man panel led by Thomas Okusu gave the verdict on Friday. The tribunal had previously blocked Multichoice from raising subscription fees without proper notice, based on a lawsuit by Barrister Festus Onifade who claimed the eight-day notice given for the price increase was inadequate. Onifade had sued DSTV, accusing the Pay-TV of unjustly increasing subscription fees without one month’s notice to customers and leveraging on it to seek interim orders. Counsel for Multichoice had contended that previous rulings had settled price regulation issues, while Onifade focused on the inadequate notice rather than the price hike itself, prompting the tribunal to affirm its jurisdiction and rule against Multichoice. Court Fines Multichoice N150m over Tariff Hike, Orders One Month Free Subscription The Competition and Consumer Protection Tribunal has fined the prominent Pay-TV operator, Multichoice Nigeria, owners of DSTV, GOTV, N150 million for disputing the court’s jurisdiction, and ordered the company to provide Nigerians with a one-month free subscription to its subscribers. A three-man panel led by Thomas Okusu gave the verdict on Friday. The tribunal had previously blocked Multichoice from raising subscription fees without proper notice, based on a lawsuit by Barrister Festus Onifade who claimed the eight-day notice given for the price increase was inadequate. Onifade had sued DSTV, accusing the Pay-TV of unjustly increasing subscription fees without one month’s notice to customers and leveraging on it to seek interim orders. Counsel for Multichoice had contended that previous rulings had settled price regulation issues, while Onifade focused on the inadequate notice rather than the price hike itself, prompting the tribunal to affirm its jurisdiction and rule against Multichoice. The court subsequently fixed July 3 for a hearing of the plaintiff’s substantive suit.

Technology5 months ago

Court Fines Multichoice N150m over Tariff Hike, Orders One Month Free Subscription

The Competition and Consumer Protection Tribunal has fined the prominent Pay-TV operator, Multichoice Nigeria, owners of DSTV, GOTV, N150 million for disputing the court’s jurisdiction, and...

Technology5 months ago

Reps Lend Support as NASENI Commercial Products Set for Market

As House C’tte on NASENI Lends Its Support The Executive Vice Chairman/Chief Executive Officer, National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu,...

Technology5 months ago

NotebookLM Goes Global with Slides Support and Better Ways to Fact-Check

By Google Team Our AI-powered research and writing assistant is getting a big upgrade and expanding to over 200 countries and territories around the world. Last...

Fintech6 months ago

PalmPay Resumes Onboarding of New Customers

Following the restriction from the Central Bank of Nigeria on onboarding new customers, PalmPay is thrilled to announce that onboarding has resumed on its mobile app...

Vertex Next Partners ATCON on IoT West Africa Conference and Exhibition

Technology6 months ago

Vertex Next Partners ATCON on IoT West Africa Conference and Exhibition

Vertex Next has concluded plans to host a conference and exhibition in the Nigeria from July 2-4 to drive smart technology and pave path to industrialization...