MTN Nigeria has temporarily halted its popular airtime and data advance service, Xtratime, to comply with new consumer lending rules introduced by the Federal Competition and Consumer Protection Commission (FCCPC).
The suspension follows the implementation of the FCCPC’s Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025, which broaden oversight of digital lending services and set April 2026 as the deadline for full compliance.
In a notice filed with the Nigerian Exchange Limited, MTN explained that Xtratime now falls under the category of short-term digital credit, requiring fresh licensing and regulatory approval. The company said the temporary pause will allow it to complete all necessary compliance processes.
Xtratime enables prepaid subscribers to borrow airtime or data and repay automatically on their next recharge. Despite the suspension, MTN assured customers that standard airtime and data purchase options remain unaffected.
The telecom giant also noted that the service contributes only a small share of its overall revenue and is unlikely to significantly impact earnings. However, it said customer usage patterns will be closely monitored during the suspension period, with updates expected in its Q1 2026 financial results.
The FCCPC’s updated framework reflects growing regulatory focus on consumer protection, data privacy, and responsible lending practices within Nigeria’s expanding digital credit market. Under the new rules, all providers of such services must register and obtain approval before continuing operations.