Search

Nigeria Approves New Tariff Regime for Mobile Operators as Currency Devaluation Hits Profits

Breaking News
© Allen Dreyfus
  • Telecommunications companies urged to maintain transparency in pricing as they adjust to economic pressures
  • Naira devaluation forces mobile operators into losses, impacting overall profitability

Abuja, Nigeria – Nigeria’s telecommunications regulator, the Nigerian Communications Commission (NCC), has approved a new tariff regime this week for mobile phone companies struggling with losses due to currency devaluation. The NCC is urging these companies to ensure transparency in their charges to consumers.

Recent Business

City of Kigali, Rwanda. Photo by Jean Claude Akarikumutima @ Unsplash
Rwanda Stock Exchange turnover jumps to $3.4bn as investor confidence deepens
Read More »
Remittances in Euros and US dollars common in Africa. Photo by JustStartInvesting @ Unsplash
Egypt remittances hit $37.5bn in 2025 after FX reforms
Read More »
Women hawkers on the streets of Accra, Ghana. Photo by Langford Kwabena @ Unsplash
Ghana inflation falls to 5.4% in December, lowest since 2021 rebase
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights