Tuesday, December 12, 2023

MultiChoice does 3rd DStv price hike in Nigeria in a year of up to 20% as country's economy and currency continue to tank.


by Thinus Ferreira

As Nigeria's economy and naira currency continue to worsen MultiChoice Nigeria has done a third DStv price hike this year in the troubled West African country.

In MultiChoice's second DStv price hike within 6 months in Nigeria, DStv Premium has been hiked by 20.4% from N24,500 to N29,500, while MultiChoice is making DStv Compact Plus subscribers pay 19.2% more from N16,600 to N19,800. 

DStv Compact subscribers in Nigeria have to pay MultiChoice 19% more, with the package price hiked from N10,500 to N12,500.

MultiChoice has increased the Comfam package by 19.2% from N6,200 to N7,400.

MultiChoice hiked DStv prices in Nigeria in May 2023, and then again in November 2023.

The MultiChoice Group continues to absorb ongoing foreign exchange losses in Nigeria due to its operations there.