Business

Airtel suspends airtime, data borrowing services

Airtel Nigeria has announced the temporary suspension of its airtime and data credit services, citing the need to align with evolving regulatory and operational requirements.

 

The telecom operator disclosed this in a statement issued by its Director of Corporate Communications and CSR, Femi Adeniran, on Friday.

 

The suspended service previously allowed eligible prepaid customers to borrow airtime or data and repay upon their next recharge.

 

Despite the development, Airtel assured customers of uninterrupted access to regular airtime and data purchases through existing channels, noting that overall service quality and network performance would not be affected.

 

Commenting on the decision, the company’s Director of Marketing, Ismail Adeshina, described the move as necessary.

 

“This is a necessary and responsible step as we align our operations with evolving requirements. Airtel Nigeria remains committed to compliance, transparency, and consumer protection,” he said.

 

The company added that updates on the status of the service will be communicated in due course.

 

The suspension comes amid increased regulatory scrutiny of digital lending and credit-based services within Nigeria’s telecommunications sector.

Olayinka Babatunde

Recent Posts

2027: NBC Warns Broadcasters, Bloggers Against Misinformation, Hate Speech

The National Broadcasting Commission (NBC) has warned broadcasters, online publishers, bloggers and other participants in…

2 hours ago

Tinubu directs EFCC-recovered funds, unclaimed dividends to student loan scheme

President Bola Tinubu has directed that liquid funds recovered by the Economic and Financial Crimes…

2 hours ago

Tinubu Appoints Abel Enitan as New Head of Civil Service

President Bola Tinubu has appointed Abel Enitan as the new Head of the Civil Service…

2 hours ago

Osun: Suspected Thugs Attack Adeleke’s Convoy After Palace Visit

Suspected thugs on Wednesday attacked the convoy of Osun State Governor, Ademola Adeleke, shortly after…

3 hours ago

Tinubu presides over FEC meeting

President Bola Tinubu is presiding over a meeting of the Federal Executive Council at the…

3 hours ago

Wike to Kingibe: You’ve Failed, Electoral Defeat Awaits You

Federal Capital Territory (FCT) Minister, Nyesom Wike, has launched another attack on Senator Ireti Kingibe,…

6 hours ago