MTN Nigeria, the group’s largest operation, will cut off customers that have not complied with new national identity regulations, as part of an industry-wide order from the Nigerian government.

In April 2022, the Nigerian Communications Commission (NCC) said all operators are required to restrict outgoing calls of subscribers whose SIMs are not yet linked with their national identity numbers (NINs). For wary investors, the registration programme could be a concern as previous clashes with Nigerian authorities have hammered MTN’s share price...

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