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

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  • 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.

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