Investogist
No Result
View All Result
Wednesday, April 8, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

    NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

    Gunmen abduct unidentified man in Anambra state

    Terrorists Attack Two Churches in Kaduna on Easter Sunday, Kill at Least Seven, Abducts Others

    Beta Glass Plc Announces ₦7.20 Final Dividend on Strong 2025 Financial Results

    Beta Glass Plc Announces ₦7.20 Final Dividend on Strong 2025 Financial Results

    Legend Internet Plc to Merge with Spectranet Limited

    Legend Internet Plc to Merge with Spectranet Limited

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Abuja-Kaduna Train Derails, Several Injured

    Abuja-Kaduna Train Derails, Several Injured

    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN Limits New Mobile Banking Transfers to ₦20,000 in First 24 Hours

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

    Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

    Neimeth Shareholders Approves Scheme of Arrangement

    Neimeth Shareholders Approves Scheme of Arrangement

    Binance Announces $400 Million Recovery Initiative After Crypto Crash

    Transcorp Power Plc Amends 2025 Dividend Timetable and AGM Date

    GTCO Announces Final Dividend of ₦11.76, Lifting Total Payout to ₦12.76 for FY 2025

    GTCO Announces Final Dividend of ₦11.76, Lifting Total Payout to ₦12.76 for FY 2025

    eTranzact Announces 12.5 Kobo Dividend as Profit Dips to ₦2.47 Billion in 2025

    eTranzact Announces 12.5 Kobo Dividend as Profit Dips to ₦2.47 Billion in 2025

    UAC of Nigeria Proposes ₦1.00 Final Dividend

    UAC of Nigeria Proposes ₦1.00 Final Dividend

    BUA Foods Proposes ₦28 Dividend as Profit Surges 95% in 2025

    BUA Foods Proposes ₦28 Dividend as Profit Surges 95% in 2025

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    VFD Group Lists 5.07 Billion New Shares on NGX

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol Gantry Price to ₦1,200/litre

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Grants International Oil Companies Full Access to Export Forex Earnings

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Suspension on Zichis Agro as Shares Drop 50% After Adjustment

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Hikes Petrol Price to ₦1,275 Per Litre

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

    NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

    Gunmen abduct unidentified man in Anambra state

    Terrorists Attack Two Churches in Kaduna on Easter Sunday, Kill at Least Seven, Abducts Others

    Beta Glass Plc Announces ₦7.20 Final Dividend on Strong 2025 Financial Results

    Beta Glass Plc Announces ₦7.20 Final Dividend on Strong 2025 Financial Results

    Legend Internet Plc to Merge with Spectranet Limited

    Legend Internet Plc to Merge with Spectranet Limited

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Abuja-Kaduna Train Derails, Several Injured

    Abuja-Kaduna Train Derails, Several Injured

    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN Limits New Mobile Banking Transfers to ₦20,000 in First 24 Hours

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

    Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

    Neimeth Shareholders Approves Scheme of Arrangement

    Neimeth Shareholders Approves Scheme of Arrangement

    Binance Announces $400 Million Recovery Initiative After Crypto Crash

    Transcorp Power Plc Amends 2025 Dividend Timetable and AGM Date

    GTCO Announces Final Dividend of ₦11.76, Lifting Total Payout to ₦12.76 for FY 2025

    GTCO Announces Final Dividend of ₦11.76, Lifting Total Payout to ₦12.76 for FY 2025

    eTranzact Announces 12.5 Kobo Dividend as Profit Dips to ₦2.47 Billion in 2025

    eTranzact Announces 12.5 Kobo Dividend as Profit Dips to ₦2.47 Billion in 2025

    UAC of Nigeria Proposes ₦1.00 Final Dividend

    UAC of Nigeria Proposes ₦1.00 Final Dividend

    BUA Foods Proposes ₦28 Dividend as Profit Surges 95% in 2025

    BUA Foods Proposes ₦28 Dividend as Profit Surges 95% in 2025

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    VFD Group Lists 5.07 Billion New Shares on NGX

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol Gantry Price to ₦1,200/litre

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Grants International Oil Companies Full Access to Export Forex Earnings

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Suspension on Zichis Agro as Shares Drop 50% After Adjustment

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Hikes Petrol Price to ₦1,275 Per Litre

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

Tribunal Dismisses DStv Price Hike Case

Tuesday, 30 July 2024, 11:51 pm
in News, Nigeria
0
Tribunal orders Multichoice to give Nigerians one month free subscription
Share Share Share Share Send as Email

A three-member tribunal dismissed the case after Festus Onifade, the claimant, requested to withdraw his case against MultiChoice.

Onifade stated that he no longer intends to proceed with the matter and expressed concerns that MultiChoice would use the court’s annual vacation period to argue its appeal and thwart his case.

“I am abandoning this matter. I am withdrawing this case,” he said. He had filed the suit to challenge the alleged oppressive attitude of multinationals towards Nigerian consumers.

Counsel to MultiChoice, Senior Advocate of Nigeria, Moyosore Onigbanjo, did not object to the claimant’s request to withdraw.

The tribunal however granted Onifade’s request and ruled that no cost is awarded.

Previously, the tribunal had stopped MultiChoice from increasing its tariffs and subscription rates, but MultiChoice appealed the decision and filed for a stay of proceedings. However, the three-member panel dismissed MultiChoice’s preliminary objection and imposed a 150 million naira administrative penalty on MultiChoice, along with a one-month subscription order against the Pay TV provider.

MultiChoice has subsequently filed an appeal against the ruling and provided reasons for its price hike.

Onifade urged the court to determine his case in the interest of justice. At a resumed hearing, Onigbanjo asked the tribunal to adjourn the matter until the Court of Appeal decided on his applications.

Onifade argued that the issue of indefinite adjournment had been decided by the tribunal and could not be reopened by MultiChoice.

The tribunal ruled that MultiChoice must follow proper procedures, and there was nothing to stay, and set the next hearing for November after the court’s vacation.

He said he could not disobey the tribunal’s own rule on vacation.

It was at this point that Onifade stated that he no longer intended to proceed with the matter, insisting that MultiChoice would leverage the vacation to argue its appeal at the Court of Appeal and frustrate his case.
The tribunal subsequently struck it out.

Vivian Ifunanya Gerald

Administrator and Writer

Related Posts:

  • Court Order
    JUST IN: Tribunal dismisses PDP, LP’s request for…
  • NBC
    NBC Fines DSTV, Trust TV, NTA-Startimes, others over…
  • MultiChoice
    MultiChoice Nigeria to increase prices of DStv…
  • Nnamdi Kanu
    BREAKING: Court Dismisses Nnamdi Kanu’s bail…
Tags: Featured
Previous Post

Kenneth Okonkwo’s resignation from the Labour Party didn’t come to us as a surprise – LP

Next Post

FG suspends import duty on essential food items

Next Post
FG suspends import duty on essential food items

FG suspends import duty on essential food items

Please login to join discussion
  • Trending
  • Comments
  • Latest
NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

List of Dividends announced in 2024, qualification and payment dates

List of Dividends announced in 2024, qualification and payment dates

Unilever Declares ₦3.25 Final Dividend For 2025 FY

Unilever Nigeria Discloses Foods Deal with McCormick

Nigeria Regains Frontier Market Status in Major Boost for Stocks

Nigeria Regains Frontier Market Status in Major Boost for Stocks

NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved