Tag: MTN

Banks lift blockage of USSD transactions on MTN

Aminu Imam

Commercial banks have reconnected MTN customers earlier denied access to the unstructured supplementary service data (USSD) payment channels. This happened after the Managing Director and Chief Executive officer of MTN Nigeria, Karl Toriola, announced the decision to revert discount offered to banks on airtime sales to 4.5 percent commission after it was reduced to 2.5 percent by the telco. The mobile network operator (MNO) had reduced banks’ commission from an average of 3.5 percent to 2.5 percent, this led to a disagreement between MTN and commercial banks. During the blockage,…

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NIN: MTN, Airtel commence registration in Lagos, Abuja, Port Harcourt

Aminu Imam

Telecommunication firms, MTN and Airtel Nigeria have commenced the National Identification Number (NIN) registration exercise in its retail outlets across the country. This development follows the latest approval by the Federal Government granting telcos the license for the NIN enrolment due to the large crowd turnout and pressure faced by staff of the Nigeria Identity Management Commission (NIMC) at their offices. According to MTN’s Senior Manager, External Relations, Funso Aina, said that the telecommunication company had secured NIMC licence for NIN enrollment and had begun enrollment at some of its…

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8 million subscribers have submitted NINs, says MTN

Aminu Imam

Telecomms giant, (MTN), has announced that so far, eight million subscribers have uploaded their National Identification Number, (NIN), on its platform. In a disclosure notice sent to the Nigerian Stock Exchange (NSE), the telecomms company also said the deadline given for subscribers to update their SIM registration records with the NIN is welcome development. It also revealed some resolutions stakeholders in the industry had with the federal government. Recall that on December 21, the Minister of Communications and Digital Economy, Isa Pantami, met with stakeholders and it was agreed that…

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MTN imports 14,000 devices for NIN registration

Aminu Imam

Mobile telecommunications company, MTN, says it has ordered 14,000 new devices to enroll and capture National Identity Numbers, (NIN). The telecoms company, during an investors call on Thursday, said that the Federal Government had granted MTN and other operators a licence to register the identities of Nigerians, Bloomberg reported. The devices, according to the incoming MTN Nigeria CEO, Mazen Mroue, are expected to arrive in Nigeria in two weeks.  This will enable us to enroll NINs on behalf of the National Identity Management Commission and validate information against their database”.…

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