Breaking News Nigeria, Latest Nigerian News
  • Home
  • News
    • Business
    • Politics
    • Science
    • World
    NewsShow More
    new naira note scarcity
    New Naira note scarcity triggers black market for cash, dealers charge N300 per N1,000
    January 31, 2023
    buhari helicopter
    How angry youths attacked Buhari’s helicopter in Kano – [VIDEO]
    January 31, 2023
    moody's
    Investors dump Nigerian bonds after Moody’s rating downgrade
    January 30, 2023
    cbn
    CBN hauls N1.9 trillion into banking system in 90 days, hunts for extra N900B with 10-day window
    January 29, 2023
    soludo
    Nigeria in Brief: Soludo signs a 260billion Naira budget into law as FG denies N89trn stamp duty scam
    December 14, 2022
  • Politics
    • Politics Featured Section
    • Politics Story for You
    PoliticsShow More
    soludo
    Nigeria in Brief: Soludo signs a 260billion Naira budget into law as FG denies N89trn stamp duty scam
    December 14, 2022
    atiku
    Nigeria in Brief: Atiku denies the existence of Sambisa Forest, and other trending news
    December 12, 2022
    INEC
    Nigeria in Brief: INEC reveals a top secret, and other trending news today
    December 11, 2022
    emefiele
    Nigeria in Brief: Reps and Senate to grill Emefiele, and other trending news in Nigeria
    December 9, 2022
    ex-president goodluck Jonathan's car accident
    Why I will never be Nigeria’s president again – Jonathan
    December 8, 2022
  • Business
    • Business Editor’s Pick
    • Business Featured Section
    • Business Story for You
  • SMARTKOBO
  • Entertainment
    • SportsNews
    EntertainmentShow More
    INEC
    Nigeria in Brief: INEC reveals a top secret, and other trending news today
    December 11, 2022
    troll
    Netflix and chill: 10 must-watch movies on Netflix right now
    December 10, 2022
    d'banj
    D’banj arrested, detained for allegedly stealing N-Power money
    December 7, 2022
    national-sports-festival-stephen-keshi-stadium
    Six states fight to host 2024 National Sports Festival after Delta
    December 7, 2022
    samm-okposo
    Singer, Sammie Okposo to be buried Dec 15, see burial arrangement
    December 5, 2022
  • #2023Elections
Reading: Restrictions on outgoing calls affect over 20M MTN Nigeria subscribers
Share
Notification Show More
Latest News
barter app
BREAKING! Flutterwave announces indefinite suspension of Barter app
January 31, 2023
new naira note scarcity
New Naira note scarcity triggers black market for cash, dealers charge N300 per N1,000
January 31, 2023
buhari helicopter
How angry youths attacked Buhari’s helicopter in Kano – [VIDEO]
January 31, 2023
moody's
Investors dump Nigerian bonds after Moody’s rating downgrade
January 30, 2023
cbn
CBN hauls N1.9 trillion into banking system in 90 days, hunts for extra N900B with 10-day window
January 29, 2023
Aa
Aa
Breaking News Nigeria, Latest Nigerian News
  • Home
  • News
    • Business
    • Politics
    • Science
    • World
  • Politics
    • Politics Featured Section
    • Politics Story for You
  • Business
    • Business Editor’s Pick
    • Business Featured Section
    • Business Story for You
  • SMARTKOBO
  • Entertainment
    • SportsNews
  • #2023Elections
Have an existing account? Sign In
Follow US
  • Home
  • News
  • Politics
  • Business
  • SMARTKOBO
  • Entertainment
  • #2023Elections
© 2022 Nigeria Today News. All Rights Reserved.
Breaking News Nigeria, Latest Nigerian News > Breaking News > Restrictions on outgoing calls affect over 20M MTN Nigeria subscribers
Breaking NewsTech

Restrictions on outgoing calls affect over 20M MTN Nigeria subscribers

Nigeria Today
Nigeria Today April 5, 2022
Updated 2022/04/05 at 10:14 PM
Share
mtn payment service bank
SHARE

MTN Nigeria to update investors on the full impact of the directive on April 8

MTN Nigeria will explain to investors on April 8 2022 how a recent directive by Nigeria’s telecom regulator, the Nigeria Communications Commission, NCC to restrict all outgoing calls from SIMs not yet linked to National Identification Number; will affect service revenue as it confirms that the directive will affect no fewer than 21 million subscribers.

Contents
MTN Nigeria to update investors on the full impact of the directive on April 8Call with investors

In a statement, MTN Nigeria said it has made good progress with approximately 47M subscribers, representing approximately 67% of subscribers, having submitted their NINs by 31 March 2022. The provider had 68 million subscribers as of the end of 2021, which means that at least 21 million subscribers will be impacted by this directive.

It also noted that “Outgoing voice revenue from the current subscribers not linked to a NIN were approximately 9% of total service revenue for FY2021”.

Call with investors

During the call with investors proposed to hold on April 8, the company said it would explain, among other things, details of the NCC directive and how the company has implemented it; estimated timelines for completing the registration of subscribers currently suspended from making calls and proforma potential impact on service revenue for FY 2022 given the directive. The call also intends to update on any further information emerging from engagements with the NCC and telecom industry bodies in Nigeria.

- Advertisement -

“In line with our operating licence requirements, we have complied with the directive and implemented the restrictions as communicated by the NCC,” MTN said in the statement submitted to the Nigeria Exchange Group and sighted by Nigeria Today News on Tuesday.

RELATED STORIES:

  • MTN Nigeria announces 33.9% increase in Profit Before Tax to N102.9 billion in Q1
  • USSD: Relief as FG resolves MTN, Banks’ disagreement
  • USSD: What we know about the MTN, Banks’ disagreement that left millions of customers stranded

“MTN Nigeria continues to urge all its subscribers who have not yet linked their NIN to their SIM registration to do so immediately for the restriction to be lifted,” the statement added.

The statement further noted that MTN Nigeria “has deployed more than 4,200 points of enrolment across the country to support the NIN enrolment drive. We continue to expand this network to ensure that enrolment is within reach of all Nigerians. In addition, we continue to work with the NIMC to accelerate the bulk of verification of NINS collected”.

- Advertisement -

MTN is Nigeria’s largest telecom provider. In 2015 when it failed to adhere to a regulator’s directive on SIM registration, it was forced to pay a record $5.2 billion in fines.

TAGGED: mtn nigeria, ncc, sim-nin linkage
Nigeria Today April 5, 2022
Share this Article
Facebook TwitterEmail Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You Might Also Like

barter app
Breaking NewsStartup

BREAKING! Flutterwave announces indefinite suspension of Barter app

January 31, 2023
new naira note scarcity
Breaking NewsBusiness

New Naira note scarcity triggers black market for cash, dealers charge N300 per N1,000

January 31, 2023
buhari helicopter
Breaking NewsNews

How angry youths attacked Buhari’s helicopter in Kano – [VIDEO]

January 31, 2023
moody's
Breaking NewsBusiness

Investors dump Nigerian bonds after Moody’s rating downgrade

January 30, 2023
nigeria today news logo
Nigeria Today News logo

Subscribe to our newsletter

Please wait...
Want to be notified when our article is published? Enter your email address and name below to be the first to know.

Most Recent News

new naira note scarcity
New Naira note scarcity triggers black market for cash, dealers charge N300 per N1,000
Breaking News Business January 31, 2023
buhari helicopter
How angry youths attacked Buhari’s helicopter in Kano – [VIDEO]
Breaking News News January 31, 2023
moody's
Investors dump Nigerian bonds after Moody’s rating downgrade
Breaking News Business January 30, 2023
cbn
CBN hauls N1.9 trillion into banking system in 90 days, hunts for extra N900B with 10-day window
Breaking News Business Business Story for You January 29, 2023
soludo
Nigeria in Brief: Soludo signs a 260billion Naira budget into law as FG denies N89trn stamp duty scam
Breaking News Business Politics December 14, 2022

Most Viewed Posts

  • World cup qualifiers: See the full list of 30 players invited to represent Nigeria (1,610)
  • WAWU! Flavour marries first baby mama Sandra Okagbue (1,077)
  • BREAKING! Flutterwave shuts down Barter virtual dollar card services, to terminate all cards by July 17 (982)
  • 10 smart businesses you can start in Nigeria today with zero capital and make money immediately (Part 1) (908)
  • Oyo South senatorial primaries abandoned due to irregularities (726)

Stay Connected

Facebook Like
Twitter Follow
Pinterest Pin
Instagram Follow

© 2022 Nigeria Today News. All Rights Reserved.

  • About
  • Privacy & Policy
  • Terms
  • Contact
Please wait...

Subscribe to our Nigeria Today News

Want to be notified when our article is published? Enter your email address below to be the first to know.
SUBSCRIBE

Removed from reading list

Undo
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Register Lost your password?