MTN Nigeria has temporarily suspended its airtime and data advance service, Xtratime, following new regulatory requirements introduced by the Federal Competition and Consumer Protection Commission. The telecom operator disclosed the move in a filing to the Nigerian Exchange Limited, noting that the decision is aimed at ensuring compliance with updated consumer lending rules.
The company explained that the suspension is tied to the implementation of the Digital, Electronic, Online or Non Traditional Consumer Lending Regulations, 2025. Under the new framework, services like Xtratime, which allow prepaid subscribers to borrow airtime or data and repay on their next recharge, are now classified under digital credit offerings and require additional licensing and regulatory approvals.
In its disclosure signed by company secretary Uto Ukpanah, MTN stated that the pause is temporary and part of efforts to align with the expanded compliance structure. The firm added that customers can still purchase airtime and data through other available channels and reassured investors that the suspension is unlikely to have a significant impact on its overall earnings.
The updated regulations broaden oversight of digital lending in Nigeria, extending coverage to telecom operators and other providers of short term credit services. With full registration expected by April 2026, the move reflects increasing regulatory focus on consumer protection, data privacy, and responsible lending practices in the country’s rapidly growing digital credit ecosystem.