MTN Nigeria has temporarily halted its Xtratime airtime and data credit service as it moves to comply with newly introduced consumer lending rules in the country.
The decision was disclosed in a filing with the Nigerian Exchange, following the enforcement of the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025. The updated framework introduces stricter requirements aimed at improving oversight and transparency in digital credit services.
Xtratime, which allows subscribers to borrow airtime or data and repay on their next recharge, is widely used across MTN’s customer base. However, the new regulations now require operators in the space to meet enhanced licensing and compliance obligations.
MTN described the suspension as temporary, explaining that it is adjusting its operations to fully align with the new regulatory standards.
The company also reassured customers that other airtime and data purchase channels, including banking apps and USSD services, remain unaffected and fully operational.
On the financial side, MTN noted that the pause is not expected to have a major impact on its earnings, as Xtratime contributes only a small portion of its overall revenue.
The move follows increased regulatory scrutiny by the Federal Competition and Consumer Protection Commission, which has been tightening oversight of digital lending platforms to protect consumers and improve accountability in the sector.
Meanwhile, MTN says it is continuing its broader expansion plans, including efforts to extend fibre connectivity to millions of households across Nigeria as part of its long-term digital infrastructure strategy.
