Court Orders MultiChoice To Sub-license Channels

The Court of Appeal sitting in Port Harcourt has ordered the popular subscription-based platform, MultiChoice, to sub-license some of its channels to Metro Digital, a multi-channel terrestrial digital service provider in Nigeria. The judgement was delivered on Wednesday by Justice Olabode Adegbehingbe, who ruled that the lower court erred in dismissing the suit of Metro Digital (the Appellant) when the appellant provided proof of the existence of the dispute between itself and MultiChoice (the first Respondent).

FCCPC Orders MultiChoice To Increase Suspension Of Subscription

MultiChoice Nigeria is the Subsidiary company of MultiChoice Africa, owner of DStv and GOtv has received directives from the Federal Competition and Consumer Protection Commission (FCCPC) to increase the number of times subscribers suspend subscriptions to at least four times annually. More so, MultiChoice had allowed suspension of accounts for a fixed period between seven to fourteen days twice yearly

Microsoft Corporation To Buy US Gaming Giant For $69Bn

The tech giant, Microsoft Corporation announced on Tuesday that it was set to purchase US gaming giant Activision Blizzard for a record-breaking sum of $69 billion.

NIS Set To Introduce Passport Tracking System

The Nigeria Immigration Service (NIS) stated that it has introduced a tracking system to enhance the process of issuance and collection of passports. The Acting Comptroller-General, NIS, Idris Jere disclosed this to journalists during a virtual media briefing. According to him, “The NIS has introduced a passport tracking system. With the system, applicants can now trace the status of their passports from the comfort of their homes.

MTN Becomes First African Company To Invest In Metaverse, Buys 144 Plots Of Digital Land

MTN has become the first African company to enter the metaverse by purchasing virtual land in Africarare. MTN made this known in a statement released on its website titled, ‘MTN Group becomes the first African company to enter the metaverse with land ownership on Africarare’.

Apple Becomes First Company To Hit $3 trillion Market Cap

Tech giant Apple Inc, trading as AAPL.O on the NASDAQ has on Monday became the first company to hit a $3 trillion stock market value, before ending the day a hair below that milestone. AAPL.O broke the barrier when its share price hit $182.86 before closing at $182.01. The world's most valuable company hit an intraday record high of $182.88 on the first trading day of 2022, putting the company's market value just above $3 trillion. The stock ended the session up 2.5% at $182.01, with Apple's market capitalization at $2.99 trillion.