Business
Telecoms Tariff Hike: MTN Increases Data Charges By 200% In Nigeria, Releases New Pricing Structure
MTN Nigeria, one of the country’s leading telecommunications providers, has started significantly increasing its data tariffs.
The company also confirmed this in a response shared on its X (formerly Twitter).
A price increase has been implemented to enhance our services and serve you better, which is why you are seeing the updated amount.”
This is coming after the Nigerian Communications Commission (NCC) approved a tariff increase for telecommunications companies, citing prevailing market conditions.
Reuben Mouka, the commission’s spokesperson, announced the decision shared in January, explaining that the approval aligns with the NCC’s regulatory powers under Section 108 of the Nigerian Communications Act, 2003.
According to Mouka, the adjustment allows a maximum increase of 50 per cent on current tariffs, a compromise from the over 100 per cent hike initially requested by some network operators.
“The adjustment, capped at a maximum of 50 per cent of current tariffs, though lower than the over 100 per cent requested by some network operators, was arrived at taking into account ongoing industry reforms that will positively influence sustainability,” Mouka stated.
In compliance with this approval, MTN has increased the cost of data bundles by about 200%.
According to the new pricing structure, the 15GB data bundle, which previously cost N2,000, now costs N6,000.
Similarly, the 1.5TB plan has increased from N150,000 to N240,000.
Other affected plans include; the 100GB bundle, which now costs N25,000 for 90GB, up from the previous price of N20,000 for 100GB.
The 600GB bundle has also increased from N75,000 to N120,000 for 480GB. The price hike has sparked concerns among subscribers, who are already grappling with the economic challenges in the country.
Many have taken to social media to express their dissatisfaction with the new prices, calling on the company to reconsider the increase.
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Business
Traders shut down Enugu ‘s Obollo-Afor market over N25,000 haulage levy
However, Chairman of ESIRS, Emmanuel Nnamani, in a letter to the traders, said the haulage levy was not paid by traders buying or selling goods in the markets, but was applicable strictly to truck drivers plying interstate routes.
All shops and markets at Obollo-Afor, Udenu Local Government Area of Enugu State were shut yesterday, as traders staged a peaceful protest against alleged selective collection of a N25,000 haulage levy in the market.
The traders, who locked their shops and took to the streets in large numbers, carried placards with various inscriptions, alleging that the Enugu State Internal Revenue Service (ESIRS) had singled out Obollo-Afor Market for the collection of N25,000 haulage fee on every truckload of goods loaded or offloaded in the market.
However, Chairman of ESIRS, Emmanuel Nnamani, in a letter to the traders, said the haulage levy was not paid by traders buying or selling goods in the markets, but was applicable strictly to truck drivers plying interstate routes.
Addressing officials of the Udenu Local Government Council at the council secretariat, where the protesters marched to present their grievances, Chairman, Obollo-Afor Market Traders Association, Charles Eze, lamented that truck operators bringing foodstuffs, building materials, and other commodities to the market had stopped coming because of the levy.
Business
Nigeria’s oil production dropped by 4% in July – NUPRC
“In the month under review, the daily peak production of crude oil and condensate was 1.78mbpd, while the lowest daily production was 1.57mbpd.”
The Nigerian Upstream Regulatory Commission (NUPRC) data has shown Nigeria’s average daily oil production fell by four percent in July, 2026.
According to the NUPRC, Nigeria produced 1.505 million barrels per day (bpd) of crude oil and 0.17 million bpd of condensate, bringing the combined daily production to 1.67 million bpd.
The commission said the country met and exceeded its Organisation of the Petroleum Exporting Countries (OPEC) quota of 1.5 million bpd for the third consecutive month.
“In the month under review, the daily peak production of crude oil and condensate was 1.78mbpd, while the lowest daily production was 1.57mbpd.”
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