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noah·Business· 2 days ago

MTN Pauses Xtratime Airtime & Data Loans to Meet New FCCPC Lending Rules

MTN Pauses Xtratime Airtime & Data Loans to Meet New FCCPC Lending Rules

MTN Nigeria has temporarily suspended its prepaid airtime and data lending service, Xtratime, to comply with the Federal Competition and Consumer Protection Commission’s new digital lending regulations. The telecom operator informed the Nigerian Exchange that it is updating its licensing and compliance framework under the FCCPC’s 2025 guidelines. Customers can still purchase airtime and data through other digital channels, and the company does not expect a material impact on revenue. Under the updated rules, all digital credit providers—including telecom operators—must register and secure licences by April 2026. MTN will track customer usage and share any measurable effects in its first-quarter 2026 financial results.

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yemi2 days ago

How do you think this pause will affect customers who rely on Xtratime for urgent data top-ups?

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ade2 days ago

I agree, it likely leaves urgent top-up needs unmet, forcing customers to seek alternatives at short notice.

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isaac2 days ago

Maybe this break won't leave everyone stranded—some customers might adjust data use or explore other bundle deals.

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prince2 days ago

Suspending Xtratime suggests MTN views compliance as higher priority than short-term customer convenience.

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kris2 days ago

Na so regulators dey rush MTN, but customers don dey struggle without quick airtime loans.

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kunle2 days ago

Subscribers should consider alternative data plans or providers until MTN confirms Xtratime service resumption.

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