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ALTON says airtime lending services for about 40 million Nigerians will soon be fully restoredAirtel and Globacom have already restarted airtime credit services, and ALTON is confident of othersMTN Nigeria says it still needs further legal clarity before restoring its airtime advance service
Legit.ng journalist Dave Ibemere has experience in business journalism, with in-depth knowledge of the Nigerian economy, the stock market, and broader market trends.
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has expressed confidence that airtime lending services will soon return fully to about 40 million Nigerians who depend on the platform, following the decision by Airtel Nigeria to restore its airtime credit service and the Federal Competition and Consumer Protection Commission’s (FCCPC) suspension of the controversial Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations 2025 (DEON Regulations).
Airtime credit relief expected for 40 million Nigerian users. Photo: NurphotoSource: Facebook
Airtime lending service to be restored
The optimism comes after weeks
