 In business news now, the Nigerian Communications Commission says it has concluded the process to determine the cost-based price of mobile international termination rates, ITR. NCC director of public affairs Ikechukou Adinde said the commission had engaged the services of measures payday advance and support services limited for a study on cost-based pricing of mobile international termination rates, ITR. ITR is the rate paid to local operators by international operators to terminate calls in Nigeria. This is different from mobile termination rates, MTR, which is the rate local operators pay to another local operator to terminate calls within the country. Executive Vice Chairman of the NCC Umar Dambata said the move is to ensure healthy competition on traffic handling for voice services between local and international operators in Nigeria. Hello. Hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.