SUBSCRIBERS in DStv and GOtv agreed on Tuesday to the new subscription prices after price adjustments upwards by MultiChoice.
The adjustments came just three months after MultiChoice increased its subscription for Nigerian customers.
He articulated the latest audit of the implementation of value added tax (VAT) of 7.5 percent introduced by the federal government.
A statement by the company said the decision was made after a review of its business operations and careful consideration of the market trend.
Its Chief Executive Officer John Ugbe said in a statement: “We have made efforts to contain any price adjustments on subscription prices. However, in order to ensure the sustainability of the business we have to consider financial impacts, including inflation as well increased content and operational costs.