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System glitch causes debt cancellation on  MTN network, subscribers jubilate  

MTN Nigeria

MTN Nigeria building

A system glitch in MTN Nigeria’s system has caused the disappearance of debt on the accounts of subscribers who had borrowed credit from the company. 

However, the subscribers believe the telecom operator deliberately cancelled their debts and, hence, are already jubilating and thanking the company.

An official of MTN  confirmed to Nairametrics that the disappearance of debts in the subscribers’ accounts was a glitch, meaning that the subscribers will still have to pay the supposed cleared debts once MTN rectifies the issue. 

Also MTN in an official statement issued on Saturday in response to the development stated: 

Subscribers’ reactions 

Many subscribers of MTN who woke up to the discovery of the debt disappearance on Saturday expressed excitement even as they thanked MTN for “cancelling” their debts.

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Some of the subscribers that took to the microblogging site, X (formerly Twitter) advised loan app companies in the country to follow the MTN example. 

Appreciating MTN, a subscriber @convenant_film, said:  

Another subscriber @funny_hibee, posted: 

https://twitter.com/funny_hibee/status/1723306268020920473?t=cQYk7-ZfTBDM_VFOg8pkVw&s=19

What you should know 

All mobile network operators in Nigeria including Globacom, Airtel, and 9mobile, currently allow their customers to borrow airtime and pay later.

This model is enabled by the near guarantee that the customers will make repeat calls, thus ensuring that airtime borrowed will be subsequently repaid. 

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