Crimrburster:
Ok but MTN must go.

Crimrburster:
Ok but MTN must go.

Crimrburster:
Ok but MTN must go.

Abuleoshi:

It is either you don't live in Nigeria or you are a financial illiterate not to understand cost of doing business in Nigeria has sky rocketed in the last one year, that businesses are looking inwards to cut cost and remain profitable.
Same period last year, dollar was N360, dollar is N485 today. Businesses are increasing price of products and services, Coca-Cola just increased the price of soft drinks to N120, fast food outlets increased prices of snacks, Hotels have increased prices of their room rate.
Telecos on the other hand can't increase Tariff like other businesses because NCC is regulating prices in the Telecoms sector. If Telecos can't increase prices, they need to look inwards to cut cost and remain profitable. Hence the sales discount reduction, this will go along way to improve MTN's balance sheet.
You might ask is it only MTN that is affected by the harsh business environment in Nigeria that they are reducing sales discount? The bigger the head, the bigger the problem. MTN is the market leader, so naturally they will lead and others will follow. If MTN is able to resist the banks, watch out for other Telecos to also reduce sales discount.

MASTAkiLLAh:
good for you, just know that this particular battle involves all the telcos. Banks are only using MTN as scapegoat. Where is the 42 billion naira banks collected on behalf of telcos via USSD charges and why are banks insisting telco customers pay an additional 6+ naira on top regular charges without paying off that initial debt ? I know MTN are a greedy bunch but this battle is for your own benefit. The regulators and everyone else is siding the banks because of kickbacks meanwhile, Nigerians are being ripped off relentlessly. Where is the 42 billion banks took from customers ?

obyrich:
Before MTN goes where is MTEL, NITEL? Bros make we dey carry small shame for public. MTN does not have monopoly in the telecom industry only big investments.

Officialhorlah:
See mumu and mumu

festacman:
Hahaha! Banks in panic mode. The future is neither feminine nor masculine. It is FINTECH. Fintech, baby!

southniyikaye:
Na bank go loose Las Las.
Mtn already switched its consumers to finteck

festacman:
Hahaha! Banks in panic mode. The future is neither feminine nor masculine. It is FINTECH. Fintech, baby!

NairaLEARN:
If not for our thieving leaders.MTN is not supposed to be in Nigeria

They keep stealing from millions of Nigerians including me

But after typing this

I will still sub for 6k data and MTN will still steal it..

MTN Data na big scam


But man has no choice

Base on my location


Na MTN and NTEL get me

But network are not reliable

For one to stay online when the other fuckup

I keep recharging both spending over 24k and more monthly


May God help millions of Nigerians

Edey pain when billionaire steal from Poor Nigerians, That MTN and Nigeria Government has been doing for decades

May God punish them

Doraty1:


https://punchng.com/breaking-ussd-war-banks-unblock-mtn-reconnect-telco-to-banking-channels/?utm_medium=Social&utm_source=Twitter&amp&utm_medium=Social&utm_source=Twitter&__twitter_impression=true

Doraty1:


https://punchng.com/breaking-ussd-war-banks-unblock-mtn-reconnect-telco-to-banking-channels/?utm_medium=Social&utm_source=Twitter&amp&utm_medium=Social&utm_source=Twitter&__twitter_impression=true

shankara7:
MTN lost a lot of money in 48hrs

baralatie:

as in like mad!

etrange:


How much?

loswhite:
What is the percentage of the population that uses fintech?

baralatie:

estimate 77 million unable to recharge their phones and conduct bank transactions through their mtn lines for the past 48hrs