MTN Nigeria has temporarily suspended its airtime and data advance service, Xtratime, following new regulations introduced by the Federal Competition and Consumer Protection Commission (FCCPC).
In a statement to the Nigerian Exchange Limited, the telecom company said the move is to ensure compliance with the FCCPC’s 2025 guidelines on digital and non-traditional consumer lending. These rules require providers of such services to obtain proper licensing and meet stricter regulatory standards.
Xtratime allows prepaid users to borrow airtime or data and repay on their next recharge. However, under the new framework, the service is now classified as a form of digital credit, bringing it under tighter oversight.
MTN clarified that the suspension is temporary and part of its efforts to align with the new requirements. The company also noted that the decision is unlikely to significantly impact its earnings, as customers can still purchase airtime and data through other channels.
The updated FCCPC regulations expand supervision of digital lending to include telecom operators, with full compliance and registration expected by April 2026. The stricter rules aim to address concerns around consumer debt, data protection, and lending practices in Nigeria’s growing digital credit market.
