Business

MultiChoice Loses 243,000 Nigerian Subscribers Amidst Soaring Inflation

Published

4 months ago

November 13, 2024

By faith Adama

MultiChoice Group, Africa’s leading pay-TV provider, revealed on Tuesday a significant drop in Nigerian subscriptions, reporting a loss of 243,000 DStv and GOtv customers from April to September 2024.

The company attributed this sharp decline to Nigeria’s inflation, which has surged over 30%, driven by escalating costs in food, fuel, and electricity.

This marks a troubling trend for MultiChoice, which previously disclosed an 18% subscriber loss in Nigeria in March 2024.

In its latest financial update, the group reported an 11% year-on-year decrease in its linear subscriber base across Africa, with the total falling by 1.8 million to 14.9 million subscribers.

Nigeria and Zambia saw the most substantial losses, with 243,000 and 298,000 customers, respectively, choosing to cancel their subscriptions.

Dissatisfied customers are increasingly vocal, with some considering alternative providers.

One user on X (formerly Twitter), @DamilareOdulesi, commented, “They would lose more. It’s football that’s making many young people subscribe to DStv. Now, alternatives are everywhere, and all you need is a good internet.”

This decline signals a potential shift in Nigeria’s pay-TV landscape as economic pressures mount and subscribers explore other options.

Business

BBNaija Star Nengi Speaks on Motherhood

Published

7 days ago

March 18, 2025

Samson Adeyanju

By Jesusemen Oratokhai

Former Big Brother Naija housemate Nengi Hampson has shared her first public message since welcoming her daughter, Moon.

In a heartfelt post on March 16, 2025, Nengi revealed that she gave birth on February 21, describing motherhood as the most fulfilling experience of her life.

“I was made to be a mum… nothing has ever felt more right,” she wrote, embracing her new journey with joy.

Business

FIRS Pledges Stronger Tax Policy for West Africa

Published

7 days ago

March 18, 2025

Samson Adeyanju

By Adenike Lawal

The Federal Inland Revenue Service has reaffirmed its commitment to strengthening tax policy development across West Africa.

Speaking at the West Africa Tax Administration Forum in Abuja, Executive Chairman Dr. Zacch Adedeji stressed the need for better domestic resource mobilization to drive economic growth in the region.

He highlighted the role of effective communication in tax administration, emphasizing that clear messaging is key to building public trust and ensuring compliance.

Dr. Adedeji urged tax professionals to exchange ideas, adopt best practices, and collaborate on improving regional tax systems.

He noted that Nigeria has played a leading role in advancing tax cooperation across West Africa and will continue to support capacity-building initiatives.

Business

CTV Nigeria Debuts on GOtv

Published

2 weeks ago

March 13, 2025

Samson Adeyanju

By Emmanuel Ogbodo

Catholic Television, Nigeria (CTV), has officially launched on the GOtv platform, expanding its reach to millions of viewers across the country.

According to a communication from MultiChoice, the channel went live today, March 13, 2025, at 10 a.m. (WAT) on GOtv channel 115.

It is available on all GOtv packages, from GOtv Lite to GOtv Supa Plus.

This milestone marks a significant step in bringing faith-based content to a wider audience, providing Catholic programming, religious teachings, and wholesome entertainment to subscribers.

With this launch, Catholic TV Nigeria strengthens its presence in the digital space, offering spiritual nourishment to viewers seeking faith-inspired content.