General Archives - Page 20 of 70

MTN Nigeria Faces N1.48BN Lawsuits over Electrocution, Others

MTN Nigeria is battling with several lawsuits that have amounted to legal claims of over N1.48 billion, the company’s first quarter (Q1) financial result for 2023...

Education2 years ago

JAMB to Release 2023 UTME Results Tuesday May 2

Results of candidates who sat for the ongoing Unified Tertiary Matriculation Examination (UTME) would be released tomorrow Tuesday May 2, the Joint Admissions and Matriculation Board has said....

Commodities News & Agribusiness2 years ago

Firm Launches Jinja App to Enhance Sales of Farm Products

By Rosemary Uwuala Isidore Agritech Limited has launched the Jinja Marketplace App that will connect buyers and sellers on a digital platform, to trade on fresh...

Commodities News & Agribusiness2 years ago

Tomato Ebola Destroys 300-hectare Farmlands Worth N1.5BN

Nigeria is likely to witness tomato scarcity as over 500 farmers lose 300-hectare farm valued at N1.5 billion to tomato Ebola known as ‘Tuta Absoluta‘ ravaging...

Food Inflation Bites Despite World Bank’s $30BN Food Security Financing

Economy2 years ago

Food Inflation Bites Despite World Bank’s $30BN Food Security Financing

The World Bank has revealed that domestic food price inflation remains high worldwide, amidst 205 million people facing acute food and nutrition insecurity. This is despite...

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.

Technology2 years ago

Anger, Disappointment as Nigerians React to Increase in DSTV, GOTV Subscription Rates

By Rosemary Iwuala MultiChoice Nigeria, a satellite TV service provider, has announced an increase in the prices of its DStv and GOtv subscription packages via text...

Economy2 years ago

Diesel Price in Nigeria Increases by 55.9%; Petrol Rises by 42.63% – NBS

The National Bureau of Statistics (NBS) revealed on Monday that average retail price of Automotive Gas Oil paid by consumers increased significantly in the last one...

General2 years ago

NCC Takes Lead as Women Of Excellence Awards Holds April 21

All is set for the maiden edition of the “WOMAN OF EXCELLENCE” Award jointly hosted by E-Business Life Communication Limited and TECHlife Media & Communications Limited,...

Gontor of NCC Honoured by Northern Organisation

General2 years ago

Gontor of NCC Honoured by Northern Organisation

Director of Financial Services at the Nigerian Communications Commission (NCC), Yakubu Gontor, has been honoured by the Northern Youth Council of Nigeria (NYCN) for his exemplary...

Extra2 years ago

Cash App Founder Bob Lee Stabbed to Death in San Francisco

A man who was fatally stabbed early Tuesday near downtown San Francisco turned out to be tech executive Bob Lee, the founder of Cash App and...

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