Telcos lose grip on N400bn airtime lending market as FCCPC hands control to five lenders

Nigerian telecom operators are losing direct control of a lucrative revenue stream estimated at over N400 billion annually, as regulators move to restructure the fast-growing airtime and data lending market. The shift follows a directive by the Federal Competition and Consumer Protection Commission (FCCPC), which has approved five independent lenders to take over the service,

Read More