Why MTN Nigeria suspended airtime, data borrowing services

Nigeria’s telecommunications giant, MTN Nigeria, has attributed the suspension of its airtime and information borrowing services to caller regulatory requirements introduced by the Federal Competition and Consumer Protection Commission, FCCPC.
The company’s secretary, Uto Ukpanah, disclosed this connected Thursday astatine the Nigerian Exchange Limited.

According to the telecom firm, the determination to intermission the services is mostly owed to the implementation of the FCCPC’s regulations nether the Digital, Electronic, Online, oregon Non-Traditional Consumer Lending Regulations 2025.

“This relates to the implementation of processes nether the Digital, Electronic, Online, oregon Non-Traditional Consumer Lending Regulations, 2025, which introduced a caller compliance and licensing model for entities providing integer oregon non-traditional user recognition services,” the institution stated.

MTN, however, assured customers that alternate integer channels for purchasing airtime and information stay disposable contempt the impermanent suspension.

“Given the standard wrong the gross mix, we bash not expect the impermanent suspension to person a worldly impact,” the institution added.

Recall that the FCCPC, gathering connected its constricted interim regulatory/registration model and guidelines for integer lending introduced successful 2022, rolled retired the Digital, Electronic, Online, oregon Non-Traditional Consumer Lending Regulations, 2025 past year.

Under the caller guidelin...