Telcos’ 50% tariff hike: A lifeline or a double-edged sword for MTN and Airtel investors?

Nairametrics | 26-01-2025 02:04am |

The Nigerian Communications Commission (NCC) has approved a 50% tariff increase for telecom operators, lower than the industry’s proposed 100% hike. This marks the first adjustment since 2013. Since 2013, Nigeria’s economic environment has shifted significantly, with inflation rising to 34.80%, diesel prices surging, and the naira depreciating drastically. Meanwhile, mobile tariffs have remained unchanged [...]The post Telcos’ 50% tariff hike: A lifeline or a double-edged sword for MTN and Airtel investors? appeared first on Nairametrics.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.