MTN Stops Airtime Loan Service in Nigeria

MTN Stops Airtime Loan Service in Nigeria

By Our Reporter MTN Nigeria Communications PLC has temporarily suspended its airtime and data lending service, Xtratime, following the introduction of new regulatory requirements governing digital credit services in Nigeria. The company disclosed this in a corporate filing to the Nigerian Exchange Limited on Thursday, stating that the decision was driven by compliance obligations under…

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Oil price drops by 9% after Iran says Strait of Hormuz is ‘completely open’ during ceasefire

Oil price drops by 9% after Iran says Strait of Hormuz is ‘completely open’ during ceasefire

Strait of Hormuz By Joe Udo Oil prices dropped sharply on Friday, April 17, after the Iranian foreign minister announced that the Strait of Hormuz would be “completely open” for commercial transit for the duration of the current ceasefire. Brent crude, the global benchmark, fell 9.5% to just below $90 per barrel, while WTI, the…

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Lawmaker denies authorising illegal electricity registration/connection fees in Ukanafun/Oruk Anam Federal Constituency

Lawmaker denies authorising illegal electricity registration/connection fees in Ukanafun/Oruk Anam Federal Constituency

Hon. Unyime Idem, Member representing Ukanafun/Oruk Anam Federal Constituency and Chairman, House of Representatives Committee on Public Procurement By Joe Udo The attention of the Member representing Ukanafun/Oruk Anam Federal Constituency and Chairman, House of Representatives Committee on Public Procurement, Rep. Unyime Idem, PhD, has been drawn to the information that some fraudulent individuals are…

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