Post by Henry Emeka (@Emekus)
What MTN’s suspension of Xtratime actually means
MTN didn’t shut down Xtratime because of a technical problem or a business decision.
They paused it because Nigeria’s competition and consumer‑protection regulator (FCCPC) introduced new rules for digital lending services.
Why does this affect Xtratime?
Xtratime is basically a micro‑loan service:
You borrow airtime or data now
MTN deducts it later with a fee
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Michael Ekwe-Enugu: There 15% interest rate is too much
Henry Emeka: We must keep demanding 24/7 electricity and free internet across all 36 states and 774 LGAs now, not 2027. Corruption must end. Nigerians are facing extreme hardship, and the killings and kidnappings must stop immediately. Wifi/data must be free in the 36 states 774 LGA now