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.

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.

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

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

FCCPC has warned Telecom operators that there will zero tolerance for network congestion, speedy data depletion and network blackouts going forward.

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,