KIM KARDASHIAN AWARDED SYMBOLIC 1 EURO IN DAMAGES OVER 2016 PARIS ROBBERY.(PHOTO).

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 Kim Kardashian Awarded Symbolic 1 Euro in Damages Over 2016 Paris Robbery A Paris court has officially awarded media mogul Kim Kardashian a symbolic 1 euro ($1.15) in damages following the infamous 2016 armed robbery in the French capital. The ruling marks a major milestone in the reality star's quest for closure after what she previously described as the most terrifying ordeal of her life. Accountability Over Compensation The nominal sum awarded to Kardashian is exactly what she had requested from the court. In a joint statement with her stylist, Simone Harouche who was also present during the heist and received a matching 1-euro award Kardashian emphasized that the legal battle was never about money. "The experience was deeply traumatic, and its impact has stayed with us. Today’s decision is not about the compensation, but about accountability and recognition," the pair said in a statement. They expressed their gratitude to the French justice system and noted their hop...

FCCPC SUMMONS MULTI-CHOICE. (PHOTO).


 FCCPC Summons MultiChoice


The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to elucidate its proposed subscription price increment, slated to come into effect on March 1, 2025.


This directive was communicated in a statement endorsed by the Director of Corporate Affairs at FCCPC, Ondaje Ijagwu, and disseminated to journalists in Abuja on Tuesday.


Ijagwu expounded that, in the exercise of its authority as stipulated in Sections 32 and 33 of the FCCPA, the FCCPC has mandated the Chief Executive Officer of MultiChoice Nigeria to appear for an investigative hearing at the Commission's headquarters on Thursday, February 27, 2025.


He emphasized that this course of action was prompted by MultiChoice's formal notification of the impending price adjustment, which has raised apprehensions regarding recurrent unilateral price escalations, potential abuse of market dominance, and alleged anti-competitive behaviors in the pay-TV sector.


The statement reiterated the FCCPC's profound concern over the consistent burden faced by Nigerian consumers due to frequent price hikes, amidst allegations that MultiChoice implements disparate pricing strategies in other markets, thereby amplifying concerns about equity and market misconduct.


A cautionary note was issued stating that, in the event that MultiChoice fails to furnish satisfactory clarifications or is found to be in contravention of equitable market principles, the FCCPC will be compelled to enforce regulatory penalties, sanctions, or other remedial actions to safeguard Nigerian consumers.


Moreover, the FCCPC is actively collaborating with the sector regulator and other pertinent agencies to uphold fair competition and ensure consumer protection within Nigeria's broadcasting and digital subscription sphere. END.

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