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FCCPC Denies Banning Borrowing Of Airtime And Data Advance Services, Blames Service Providers

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  The  Federal Competition and Consumer Protection Commission (FCCPC), has dismissed widespread claims that it banned airtime borrowing and data advance services in Nigeria, describing the reports as false, misleading, and driven by vested interests resisting regulatory reforms. The clarification follows a wave of public concern triggered by viral social media posts and some media reports suggesting that the Commission had shut down telecom-based credit services widely used by millions of Nigerians. In separate notices, Airtel and MTN Nigeria announced the temporary suspension of their airtime and data credit services, which previously allowed eligible prepaid customers to borrow airtime or data and repay on their next recharge. In a statement issued on Friday by its Director of Corporate Affairs, Ondaje Ijagwu, the commission said no such directive was issued, stressing that consumers remain free to access lawful telecom value-added services. “ The attention of the Federal Co...

Court Stops FCCPC From Enforcing Digital Lending Rules On Telecommunication Companies

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  Justice Ambrose Lewis-Allagoa of the Federal High Court sitting in Lagos, has restrained the Federal Competition and Consumer Protection Commission (FCCPC), from the enforcement and or implementation of the Digital, Electronic, Online or Non Traditional Consumer Lending Regulations 2025 (‘The Deon Consumer Lending Regulations”) Plaintiff in the matter, Wireless Application Service Providers Association Of Nigeria (WASPAN), LTD/GTE, approached court to secure an order stopping the directive by the FCCPC to telecommunication companies to stop giving loans to subscribers in form of airtime and data. The association, through its lawyer, Mr Kemi Pinheiro (SAN), had sought an order of the court restraining the Defendant (FCCPC) whether by itself, officers, employees, agents or such other persons howsoever named from enforcing, implementing and or otherwise giving effect to the enforcement and or implementation of the Digital, Electronic, Online or Non Traditional Consumer Lending Regul...

Iran Reopens Strait Of Hormuz For Oil Tankers Amid Ceasefire

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  Iran has announced the reopening of the Strait of Hormuz to commercial oil tankers, easing global concerns over energy supply disruptions following heightened tensions in the Middle East. Iran’s Foreign Minister, Abbas Araghchi, disclosed on Friday, April 17, 2026, that the strategic waterway will remain accessible to commercial vessels for the duration of an ongoing ceasefire. “The passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” Araghchi wrote on X. However, it remained unclear whether the minister was referring to the recently agreed 10-day truce between Lebanon and Israel, which took effect at midnight, or an earlier two-week ceasefire between Iran and the United States that began on April 8. The reopening followed a period of disruption after Iran effectively blocked access to the Strait, a critical route for global oil shipments. Iranian state media reported that Tehran had tied the reopening of ...

Return Of Arinzo Stays On Top, Extends Box Office Dominance

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Nollywood  actress, Iyabo Ojo’s most recent movie, “The Return of Arinzo,” is still making box-office headlines as it continues to dominate, earning ₦224 million. The movie is reported to have reached the number one spot for two consecutive weeks, indicating massive audience turnout and interest across platforms. The movie, which was named the highest-grossing Easter weekend release at the Nigerian box office, earned ₦104.8 million in its debut and has now recorded ₦224 million at the West African Box Office. The film’s distributors, FilmOne Entertainment, thanked fans on Instagram for their support. “With ₦224 million and counting, The Return of Arinzo is not just winning; it’s making history as the number one film for two consecutive weekends. “Thank you, West Africa, for showing up and showing out. Your love is taking this film higher and higher,” they posted. The movie follows a rising actor who returns home with his fiancée to support his father’s presidential campaign. Howeve...

Airtel Suspends Airtime, Data Credit Services Over New Lending Rules

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  Airtel Nigeria has announced the suspension of its airtime and data credit services, a move the telecommunications company says is part of efforts to align its operations with evolving regulatory and compliance requirements. The affected services, widely used by prepaid subscribers, allowed eligible customers to borrow airtime or mobile data and repay on their next recharge, providing short-term access during low-balance situations. According to the statement released today in Lagos by the Director, Corporate Communications and CSR at Airtel Nigeria, Femi Adeniran. Airtel Nigeria clarified that the suspension would not disrupt core services, assuring subscribers of continued seamless access to airtime and data purchases through its existing channels, including recharge cards, digital platforms, and mobile banking applications. The company noted that the decision is not expected to have any material impact on its overall service delivery nationwide. Commenting on the development, ...

Abuja Court Grants Cryptocurrency Enterpreneur, Blord Bail

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The  Federal High Court in Abuja has granted bail to cryptocurrency enterpreneur and social media personality, Linus Williams Ifejirika, popularly known as Blord, after his detention over alleged impersonation involving social media activist and influencer, Martins Vincent Otse, popularly known as VeryDarkMan (VDM). Human Rights activist and two-time former presidential candidate, Omoyele Sowore, confirmed the ruling in a post on Facebook, on Friday, April 17, 2026, disclosing that the court admitted the defendant to bail on self-recognizance. “Bail has been granted to Linus Williams, popularly known as @mrblordofficial BLORD, on self-recognizance. The court, however, ordered that he deposit his international passport as part of the bail conditions,” Sowore wrote on his official Facebook page. Sowore, who earlier disclosed that he was present in court during the proceedings, expressed optimism over the outcome of the hearing. Blord was remanded at the Kuje Correctional Centre on We...

JET A1 FUEL HIKE: Federal Government Appeals To AON Against Airfare Review, Halting Operations

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  The  Federal Government has appealed to domestic airlines on the auspices of Airline Operators of Nigeria (AON) to refrain from increasing air ticket prices or suspending their operations following a sharp rise in the cost of aviation fuel, known as Jet A1 by 300%. In a letter dated Thursday April 16, 2026, addressed to the President of AON, the Minister of Aviation and Aerospace Development, Festus Keyamo (SAN), urged the operators to exercise restraint despite mounting operational pressures. The appeal came amid threats by airline operators, in an earlier correspondence to the Federal Government, to halt flight operations from next Monday over what they described as an unsustainable increase in aviation fuel prices. Keyamo, who, acknowledged the severity of the situation, noting that the price of Jet A1 had surged dramatically within a short period, however, called for calm. “I write in reference to your correspondence dated April 14, 2026, concerning the operational chall...