Business
MultiChoice reduces prices for DStv subscribers by 50%
MultiChoice Nigeria has slashed the price of its DStv decoder by 50 per cent, dropping it from ₦20,000 to ₦10,000.
The company announced that the move aimed to attract more customers and curb declining subscriptions.
According to the firm’s Chief Executive Officer, John Ugbe, in a statement released on Tuesday, the offer was a way of rewarding customer loyalty and delivering enhanced value to subscribers.
“We want to ensure our customers feel appreciated and have access to the best entertainment every day.
The ‘We Got You’ campaign is about making premium content more accessible and showing that DStv offers something for everyone, not just football fans.
“By repositioning itself as a platform for daily value, DStv aims to encourage content discovery across a wider array of genres, including movies, drama, kids’ programming, and news.
“This means more channels, more shows, and more reasons to tune in every day,” the statement added.
The company also announced a promotional offer granting subscribers a free upgrade to the next DStv package tier when they pay for their current plan in full between June 16 and July 31, 2025.
Multichoice maintained the price slash, and the free upgrade initiative is a response “to the noticeable economic impact on the everyday lives of Nigerians.
”This was coming after it lost 1.4 million subscribers between March 2023 and March 2025.
Recall that MultiChoice Nigeria increased its DStv and GOtv bouquet prices three times within 12 months — first in April 2023, followed by another hike in November 2023, and a third announced in April 2024, which took effect on May 1.
Business
Governor Abiodun Welcomes Qatar’s Baladna multi-million dollar dairy factory in Ogun
“If you could meet 35% of Qatar’s milk demand in one month and achieve self-sufficiency in six, I have no doubt you can do the same in Nigeria. Your operations here will be a walk in the park—no deserts,”
Qatari dairy giant Baladna is set to establish a multi-million-dollar food production facility in Ogun State, Nigeria
The investment is expected to boost local dairy production and food security significantly.
Baladna, which supplies over 95% of Qatar’s fresh dairy products, disclosed its plans during a courtesy visit to Governor Dapo Abiodun in Abeokuta.
The delegation was led by Baladna’s Head of Products and Solutions Architecture, Mr. Aidan Thomas Iynan, and accompanied by the Executive Secretary of the Nigeria Investment Promotion Commission (NIPC), Aisha Rimi.
Mr. Iynan revealed that Baladna’s integrated dairy model, backed by Qatari government investment, now operates the world’s largest single-site dairy farm.
He expressed confidence that Nigeria—and Ogun State in particular—could replicate similar success, citing a partnership with Algeria that is expected to deliver 1.7 billion litres of milk annually, meeting 50% of Algerian dairy demand.
He highlighted the impact of climate change on global agriculture, stressing the urgency for Nigeria to attain dairy self-sufficiency.
“We can build farms that are highly efficient with world-class yields—not just in dairy and meat, but crop production too,” Iynan said.
Governor Abiodun welcomed the investment, describing Baladna as the type of partner needed to realise the Renewed Hope Agenda in agriculture.
“If you could meet 35% of Qatar’s milk demand in one month and achieve self-sufficiency in six, I have no doubt you can do the same in Nigeria. Your operations here will be a walk in the park—no deserts,” he remarked.
The Federal Competition and Consumer Protection Commission (FCCPC) will arraign MultiChoice Nigeria Limited, Chief Executive Officer, John Ugbe and other executives of the firm for impeding its investigation and failing to comply with lawful summons.
This is according to a charge sheet marked FHC/ABJ/CR/197/2025, filed by the FCCPC legal team led by Barrister Nsitem Chizenum.
This follows a May 8, 2025 ruling of an Abuja Federal High Court, which dismissed MultiChoice Nigeria Limited’s suit seeking to uphold its DStv and GOtv price increases in Nigeria.
Details later….
Business
FedEx founder and former boss Fred Smith dies aged 80
Born in 1944, Mr Smith started FedEx with 389 staff and 14 small planes that carried 186 packages from Memphis to 25 cities within the US.
Image credit: Getty Images
Fred Smith, founder of the US parcel delivery giant Federal Express, has died at the age of 80, the company has announced.
Mr Smith founded the firm in 1973 having previously served in the US Marine Corps.
He ran the company as CEO until 2022.”Fred was more than just the pioneer of an industry and the founder of our great company.
He was the heart and soul of FedEx,” current boss Raj Subramaniam wrote in a memo to staff.
Born in 1944, Mr Smith started FedEx with 389 staff and 14 small planes that carried 186 packages from Memphis to 25 cities within the US.
(BBC)
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