Home News MTN Nigeria suspends ‘Xtratime’ service over new lending regulations

MTN Nigeria suspends ‘Xtratime’ service over new lending regulations

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MTN Nigeria has announced the temporary suspension of its airtime and data credit advance service, popularly known as “Xtratime”.

The telecommunications company announced the suspension in a corporate notice filed with the Nigerian Exchange (NGX) on Thursday.

MTN Xtratime service allows subscribers to borrow airtime or data on credit and pay back on their next recharge — a feature that has become a staple for millions of Nigerians during financial “dry spells”.

The cable