Business
MTN Attempts To Adjust Price Back After Public Backlash And Complaints
The Nigerian Economy finally hits the telecommunication world as companies such as MTN and Airtel increase charge for airtime.
Users of MTN lamented as the price of its 15Gb data plan was taken from 2000 Naira to 6000 Naira. This was not the only change made as prices of other data plans rises significantly.
Customers around Nigeria moan and lament about the Nigerian economy as it now affects another part of their daily lives.
The 50% increase in tariff has now stirred up the public as they call it “insensitive” and “unfair”.
Due to the backlash received from the public, MTN addresses the issue and apologizes to its customers for the sudden change.
“We understand that it might not make it better. We admit that this was a mistake.” MTN speaks after trying to adjust the price back to the original price.
Nigerian fintech company OPay has introduced new security features to improve the safety of its application.
The company unveiled the Emergency Lock and Safety PIN features to give customers better control over their funds and provide added protection against fraud and unauthorized transactions.
The Emergency Lock feature allows customers to instantly freeze their OPay account with a single tap whenever they sense a threat or believe their account may be at risk.
The newly launched Safety PIN introduces an additional layer of security, helping customers protect themselves in situations where they may be forced to make a transfer or payment against their will.
The Federal Government of Nigeria has spoken on the agriculture sector of the country and shared that, in its current state, it needs more capital as it cannot stand alone without it.
They stated that even more capital will be needed in order to transform the agricultural sector and improve food production in Nigeria.
“Relying solely on public capital will not suffice to finance the transformation of Nigeria’s agricultural sector. Similarly, private capital will not be mobilised at the necessary scale unless the associated risks are comprehensively understood, appropriately allocated, and effectively managed.”
It has been noted that there is now an increase in fuel all around Nigeria, from … to 1000 plus in fuel stations.
It was also noted that Dangote Petroleum Refinery increased the price to 1,175 per litre and diesel has been increased to 1,620 per litre.
This new spike in fuel increase has caused Nigerians to lament widely, wondering why this change happened all of a sudden.
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