Shelf

Italy launches Samsung probe

Italy’s competition and market authority launched an investigation into a local unit of South Korean vendor Samsung Electronics and two other companies over alleged misleading and aggressive commercial practices. In a statement, regulator AGCM explained it was looking into deals the companies offered customers seeking new mobile phones while selling their used devices. The regulator

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Orange makes move to enter Nigeria’s telecom market

Orange Group, a French telecom network provider, has begun talks with the Nigerian Communication Commission (NCC) on its planned entry into the country’s market. The service provider is reputedly the biggest in France. Its proposed offering to the Nigeria’s mobile consumers span mobile, data, fixed and financial technology support services. Mrs. Victoria Adefala, led five

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Consumer protection tribunal fines MultiChoice following tariff hike

Competition and Consumer Protection (CPC) tribunal has fined MultiChoice for failing to file processes in a matter challenging its recent tariff hike. The three-man tribunal, led by Thomas Okosun, awarded N100,000 against the payTV company, while directing it to file the processes within 21 days. Thomas Onifade, a legal practitioner, sued the company on behalf

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FG expected to spend N6.7trn on petrol subsidy payment in 2023

The federal government says it has earmarked N6.7 trillion for payment of petrol subsidy in 2023. Zainab Ahmed, minister of finance, budget and national planning, said this Thursday at the presentation of the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper (MTEF&FSP) in Abuja. Ahmed said subsidy payment projection is based on two prevailing

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