• Latest
  • Trending
FCCPC directs Multichoice to suspend subscription price hike

Price Hike: FCCPC sues Multichoice for violating regulatory directives

March 6, 2025
Police bust Forgery Syndicate in Oyo, Arrest 10

Police bust Forgery Syndicate in Oyo, Arrest 10

April 12, 2026
Man arrested with head of a 6-year-old in Oyo

Man arrested with head of a 6-year-old in Oyo

April 12, 2026
Airstrike in Nasarawa Only Killed Terrorists Not Herders- NAF

Scores killed as Military airstrike hits Border Market

April 12, 2026
Veteran Actor, Patrick Doyle welcome baby with new wife

Veteran Actor, Patrick Doyle welcome baby with new wife

April 12, 2026
SERAP Condemns Increase in Electricity Tarrifs And Petrol Pump Price

Probe Missing N2.9b in NNRA, NIGCOMSAT- SERAP to Tinubu

April 12, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Ones Dies , Others Injured in Lagos Tanker Accident

Fatal Accident claims life of LASU student

April 12, 2026
Wike revokes land title of PDP secretariat in Abuja over unpaid ground rent

Police Unseal PDP Secretariat, Warn Against Disruption

April 12, 2026
Gunmen Kidnap Retired Air Force Boss In Lagos

Gunmen invade community, kill traditional ruler, five others

April 12, 2026
Borno: Boko Haram Hoists Flag In Marte, LGA

FG Publishes list of 48 Individuals, Groups, ‘Linked’ to Financing Terrorism

April 12, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Monday, April 13, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

Price Hike: FCCPC sues Multichoice for violating regulatory directives

by Present Nigeria
March 6, 2025
in Business
0
FCCPC directs Multichoice to suspend subscription price hike
38
SHARES
75
VIEWS
FacebookTwitterWhatsappTelegram

The Federal Competition and Consumer Protection Commission (FCCPC) has filed a lawsuit against MultiChoice Nigeria Ltd. and its Chief Executive Officer, Mr. John Ugbe, for defying regulatory directives and obstructing an ongoing inquiry.

In a statement issued on Wednesday in Abuja, the FCCPC’s Director of Corporate Affairs, Mr. Ondaje Ijagwu, said the company had ignored the commission’s instructions and proceeded with a price hike despite clear directives to maintain its existing subscription rates for DStv and GOtv.

RelatedPosts

Police bust Forgery Syndicate in Oyo, Arrest 10

Man arrested with head of a 6-year-old in Oyo

Scores killed as Military airstrike hits Border Market

The commission had directed MultiChoice Nigeria on February 27 to halt any price adjustments pending the conclusion of an inquiry into its proposed increase. However, the company went ahead with the hike on March 1, openly violating the order.

The FCCPC stated that the disregard for regulatory oversight prompted it to file charges against MultiChoice Nigeria and its CEO at the Federal High Court, Lagos Judicial Division.

The charges include willfully obstructing the commission’s inquiry by implementing the price hike against directives, impeding an ongoing investigation by ignoring instructions to suspend the increase, and attempting to mislead the commission by proceeding with the hike without addressing objections.

According to the FCCPC, MultiChoice’s actions amount to a deliberate attempt to undermine regulatory authority, distort market fairness, and deny consumers the protections granted under the law.

The commission described the company’s conduct as a direct affront to regulatory processes, emphasizing that it demonstrated a pattern of behavior that disregards consumer rights and fair competition.

Beyond the lawsuit, the FCCPC said it is reviewing additional enforcement measures, including sanctions, penalties, and regulatory interventions, to ensure compliance and accountability.

It reaffirmed its commitment to protecting consumers from exploitative business practices and ensuring that dominant industry players adhere to fair market principles and legal requirements.(NAN)

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share15Tweet10SendShareShare3
Previous Post

I have not resigned from office – Rivers Deputy Gov

Next Post

First Bank flags off 40-storey iconic head office at Eko Atlantic city

Related Posts

Traffic Laws: Court Orders Forfeiture Of 31 Vehicles To LASG

FG cuts tariffs on cars, Rice, Palm oil, Sugar in new fiscal policy measures

April 11, 2026
FG Warns Nigerians Over Fake Passport Websites

NIS to Revoke Passports of Citizens who Renounce Nigerian Citizenship

April 11, 2026
Scarcity Looms As Farmers Battle “Tomato Ebola”

Tomato Farmers Predict Increase in Price of Tomatoes

April 11, 2026
CBN Dissolves Boards of Titan Trust, Union, Keystone, Polaris Banks

CBN Reacts to Claims of Okoya buying Polaris Bank

April 10, 2026
Next Post
First Bank flags off 40-storey iconic head office at Eko Atlantic city

First Bank flags off 40-storey iconic head office at Eko Atlantic city

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.