NCC

CBN agrees on new charges for USSD services

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have announced the introduction of new charges of N6.98 per transaction every time you use the Unstructured Supplementary Service Data (USSD) services. The new charges will take effect immediately was part of the agreement reached when banks and telecommunication operators met on Monday …

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JUST IN: You will No Longer be Able to Use USSD Bank Transaction From Mobile

Telecommunications operators have withdrawn the Unstructured Supplementary Service Data (USSD) shortcode service banks and other financial service operators leverage on their platforms to service the banking community. The operators under the aegis of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) claimed that the banks owed them over N42 billion in debts for the …

JUST IN: You will No Longer be Able to Use USSD Bank Transaction From Mobile Read More »