NCC approves 50% tariff increase for Nigerian telcos

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The Nigerian Communications Commission (NCC) has approved a 50% tariff increase for telecoms companies, the first such increase in the sector in almost eleven years. Despite quickening inflation, the NCC remained resolute on holding voice and data costs stable, but mounting losses in the sector after a naira devaluation forced the regulator’s hands.

The telcos began speaking with regulators…

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