MTN Nigeria has restored its airtime and data borrowing service, allowing millions of subscribers to once again access emergency credit after weeks of disruption linked to a regulatory dispute.
The telecommunications company confirmed that eligible customers can activate the service by dialling *303# to borrow airtime or data based on their approved credit limits.
The restoration comes after Airtel and Glo had already resumed the service, following the suspension of the Federal Competition and Consumer Protection Commission’s (FCCPC) enforcement of its Digital, Electronic, Online or Non-Traditional (DEON) Consumer Lending Regulations.
For many subscribers, the return of airtime and data borrowing is more than a convenience, as it provides a critical safety net for accessing banking services, work opportunities, family communication, and emergency support.
Among those welcoming the development is Farouk Rabiu, a Lagos-based employee, who said the suspension caught him off guard.
This is a good and welcome development.