๐๐๐ ๐๐๐ฆ๐ฉ๐จ๐ซ๐๐ซ๐ข๐ฅ๐ฒ ๐๐ก๐ฎ๐ญ๐ฌ ๐๐จ๐ฐ๐ง ๐๐ข๐ซ๐ญ๐ข๐ฆ๐ ๐๐ง๐ ๐๐๐ญ๐ ๐๐จ๐ซ๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ.
MTN Nigeria has announced the temporary suspension of its popular airtime and data lending service, Xtratime, following new regulatory requirements introduced by the Federal Competition and Consumer Protection Commission (FCCPC).
The telecom giant disclosed the development in a corporate filing to the Nigerian Exchange Limited (NGX) on Thursday, citing the need to comply with the FCCPCโs Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025.
According to the company, the new framework introduces stricter compliance and licensing requirements for all providers of digital credit services, including telecom operators offering airtime and data advances.
Xtratime, a widely used service among prepaid subscribers, allows customers to borrow airtime or data and repay on their next recharge.
However, MTN stated that the service has been paused while it aligns its operations with the updated regulatory framework.
In the filing signed by Company Secretary Uto Ukpanah, MTN assured customers that the suspension is temporary and that alternative channels for purchasing airtime and data remain fully operational.
The company also downplayed any potential financial impact, noting that the service does not represent a significant portion of its overall revenue.
FCCPC Chief Executive Officer Tunji Bello had earlier warned that enforcement actions would be taken against operators that fail to regularise their status within the stipulated timeline.
MTN said it will continue to monitor customer behaviour during the suspension period and provide updates in its Q1 2026 financial results.

