Search

Starlink Reverses Price Hikes in Nigeria Amid Regulatory Pushback

  • Satellite internet provider rescinds recent price increases after regulator’s intervention
  • Telecom sector grapples with inflation and currency devaluation pressures

Abuja, Nigeria – Starlink, the satellite internet provider owned by Elon Musk, has rolled back recent price hikes in Nigeria following a directive from the country’s telecommunications regulator, which said the increases were unauthorized. Starlink, which launched its services in Nigeria in January 2023, had almost doubled the monthly subscription fee and raised equipment costs by 34%. The Nigerian Communications Commission (NCC) indicated that these adjustments had not been approved, as required by existing regulations.

Recent Business

Lagos, Nigeria. © Unsplash
Nigeria holds key interest rate at 27% as inflation pressures persist
Read More »
Image of oil refinery at night across the sea. Photo @Unsplash
Kenya approves $6.1 billion oil project after Tullow exit
Read More »
Mine site Photo © Unsplash
Qatar seals $500mn Ivanhoe Mines deal to secure Africa’s critical minerals
Read More »

Recent Politics

A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools nationwide as mass kidnappings surge
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Samia’s family picks ignite Tanzania nepotism storm
Read More »

Latest Posts

Latest news insights