Tuesday, june 28, 2016 binder1

Page 1

Economic woes: 288,000 subscribers dump DStv

lMore Nigerians shun subscription renewals Kunle Azeez

D

Stv is currently grappling with falling pay-tv subscrip-

tion numbers in Nigeria and other countries in the sub-Saharan Africa, with over 288,000 subscribers dumping the satellite tele-

vision platform in the last one year, New Telegraph has learnt. It was gathered that the subscribers’ decision

stemmed from the annual service hike, which has made service unaffordable to many, coupled with the lowering purchasing pow-

er of African majority. However, Naspers, the parent company of Multichoice, owners of DStv, has attributed the poor subscriber number to substantial price increases in

order to offset the impact of currency declines and weaker consumer sentiment in the region. The company has vowed to minimise further CONTINUED ON PAGE 12

Sanctity Of Truth

NIGERIA’S MOST AUTHORITATIVE NEWSPAPER IN POLITICS AND BUSINESS

Tuesday, June 28, 2016

N20m admission proceeds' scam rocks JAMB }5

/newtelegraph /newtelegraph

Vol. 3 No. 860

Campaign funds: EFCC arrests Fayose's associate }44

$4m fraud: UK court jails Nigerian pastor }8

@newtelegraph1 www.newtelegraphonline.com @newtelegraph1 www.newtelegraphonline.com

Militants attack deputy gov's convoy }40

N150

Forgery: I’m ready to go to jail –Saraki Ojerinde

Fayose

Samuel

Onanuga

...says cabal has taken over Buhari's government lPresidency: Your claim is ridiculous, preposterous lEkweremadu, others escape detention, perfect bail

}10 &12

L-R: Chairman, Forte Oil, Mr. Femi Otedola; Executive Vice-Chairman, Famfa Oil Limited, Mrs. Folorunso Alakija; President Muhammadu Buhari; Chairman, Heirs Holdings, Mr. Tony Elumelu; President, Dangote Group, Alhaji Aliko Dangote; Chairman, Zenith Bank, Mr. Jim Ovia; a businessman and CEO, Oando Plc., Mr. Wale Tinubu, when the president hosted the business community in Abuja... yesterday. PHOTO: Timothy Ikuomenisan

Court sacks Abia gov over tax evasion

…orders INEC to return Ogah lIkpeazu: I’ll appeal judgement

Consumption of sport drinks increases health risk in children –Study }39

}4


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Tuesday, june 28, 2016 binder1 by Newtelegraphonline - Issuu