Telecommunications giant, MTN Nigeria, has attributed the suspension of its airtime and data borrowing services to new regulatory requirements introduced by the Federal Competition and Consumer Protection Commission, (FCCPC). The company’s Secretary, Uto Ukpanah, disclosed this on Thursday at the Nigerian Exchange Limited, explaining that the decision followed the implementation of new compliance rules under the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations, 2025. According to the company, the regulations introduce a revised licensing and compliance framework for entities offering digital or non-traditional consumer credit services, including airtime lending.…
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