MultiChoice Nigeria, a subsidiary of the South African pay-TV giant MultiChoice Group $MCG.JO, reported a staggering 44% drop in subscription revenue to $197.74 million for the fiscal year ending March 2025. This marks a significant decline from the $355.93 million recorded in the prior year, driven primarily by aggressive subscriber attrition. The financial report attributes the drop to "significant customer losses in Nigeria", where macroeconomic instability and accelerating inflation have substantially eroded consumer spending power. As of April 2025, Nigeria’s inflation rate surged to 23.71%, according to the National Bureau of Statistics, exacerbating household budget constraints.

One year after acquiring Citibank’s $C Philippine consumer banking operations, UnionBank of the Philippines has moved beyond post-merger integration and is now focused on scaling its digital and financial infrastructure. The shift marks a strategic transition from consolidation to aggressive customer acquisition and technological deployment. According to UnionBank’s Head of Consumer Banking Manoj Varma, the integration phase has concluded, giving way to a new growth-oriented agenda centered around embedded finance, expanded credit offerings, and ecosystem-based partnerships.

McDonald’s Corp. $MCD has finalized a confidential settlement with Allen Media Group, ending a $10 billion discrimination lawsuit filed by media mogul Byron Allen. The complaint alleged that McDonald’s systematically excluded Black-owned media companies from its primary advertising channels by operating a segregated ad-spend structure, thereby violating federal and California civil rights laws. Filed in the U.S. District Court in California, the case gained traction in late 2023 after Judge Fernando Olguin declined to dismiss the suit. The court found plausible evidence suggesting McDonald’s maintained separate marketing budgets—one for the general market and another for “targeted” Black audiences. This dual-tier structure, the court noted, could constitute discriminatory allocation of corporate resources.