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MTN:  20,144   -221 (-1.09%)  16/04/2026 19:00

MTN GROUP LIMITED - MTN Nigeria temporarily suspended airtime and data credit advance service

Release Date: 16/04/2026 16:41
Code(s): MTN     PDF:  
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MTN Nigeria temporarily suspended airtime and data credit advance service

MTN Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
(Share code MTN)
(ISIN: ZAE000042164)
(MTN)

MTN Nigeria temporarily suspended airtime and data credit advance service
MTN shareholders are advised that MTN Nigeria has temporarily suspended its airtime and data credit
advance service ("Xtratime"). This relates to the implementation of processes under the Digital,
Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025, which introduced a new
compliance and licensing framework for entities providing digital or non-traditional consumer credit
services with effect from 12th April 2026.

In the interim, customers continue to have access to alternative digital channels for airtime and data
purchases.

Given the scale of Xtratime within the overall MTN Nigeria revenue mix, we do not expect the
temporary suspension to have a material impact on financial performance of MTN. We are closely
monitoring customer behaviour and usage trends and will provide an update on any quantified impact
on financial performance in our Q1 2026 financial results.

16 April 2026

Fairland

Lead sponsor

Tamela Holdings Proprietary Limited

Joint sponsor

J.P. Morgan Equities (SA) Proprietary Limited

Date: 16-04-2026 04:41:00
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