Lagos: Mobile telephone and data subscribers in Nigeria will now have to pay more after the government approved a 50-percent increase in tariffs, as the country battles one of its worst cost-of-living crises in decades.

Nigeria's telecoms regulator will approve a 50% increase in current tariffs following a request from telecommunications operators, in line with rising costs in Africa's most populous nation, it said on Monday.

MTN Nigeria has responded positively to the Nigerian Communications Commission (NCC) approval of a 50% tariff adjustment for telecommunications operators.

Telecommunications companies operating in Nigeria have revealed that they will soon commence charging subscribers the 50 percent call, data, and other tariff hike. The Chairman of the Association of Telecommunication Companies,

Nigerian stocks climbed higher on Tuesday as the main equity index added 0.8 per cent or N472 billion on the back of the news of an approved 50 per cent upward tariff adjustment by the Nigerian Communications Commission, fuelling demand for the shares of MTN Nigeria.

MTN Nigeria Communications Plc’s shares jumped after the Nigerian government raised telecommunications tariffs by 50% to offset the impact of the collapse in the naira and surging inflation.Most Read

The government, through the Nigerian Communications Commission (NCC), is monitoring the situation to ensure that MNOs continue to provide high-quality services

NCC explain say tariff rates neva change since 2013, despite di increasing cost of operation wey telecoms operators dey face.

Telecommunication giant MTN Nigeria has responded to the decision by the Nigerian Communications Commission (NCC) to approve a 50% tariff increase.

Activist lawyer, Deji Adeyanju has described President Bola Tinubu’s administration as a “government from hell.” Adeyanju said Tinubu’s administration had vowed to finish off Nigerians with sufferings.