ALTON urges banks to prioritise payment of N200bn USSD debt to telcos
Nov. 16, 2023 The Association of Telecommunications Operators of Nigeria (ALTON) on Thursday urged banks to prioritise the payment of their Unstructured Supplementary Service Data (USSD) debt, which he said…
eNaira globally acclaimed as a success story, records 700,000 transactions valued at N8bn – CBN
Nov. 2, 2022 The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says eNaira has recorded 700,000 transactions valued at N8 billion, since its inauguration on Oct….
CBN to introduce USSD code to improve eNaira
By Okeoghene Akubuike Central Bank of Nigeria (CBN), says it is set to introduce the Unstructured Supplementary Service Data (USSD) code as part of steps to improve the Central Bank…
CBN Imposes ₦6.98 Charge For All USSD TransactionsÂ
The Central Bank of Nigeria (CBN) has imposed ₦6.98 service charge on Nigerians for all USSD transactions. Customers will pay a flat fee of N6.98 per transaction every time they…
N42bn USSD debt: Reps intervenes urges telecommunication operators to halt planned withdrawal of services
The House of Representatives has urged telecommunication operators to halt the planned withdrawal of Unstructured Supplementary Service Data (USSD) services to financial institutions in the country. This was sequel to…
MNOs to withdraw USSD services to banks over huge indebtedness – ALTON
The Association of Licensed Telecommunication Operators of Nigeria (ALTON) on Friday said it’s members will withdraw USSD services to financial service provider due to huge indebtedness. ALTON said this in…
Airtel commences NIN registration in retail outlets across Nigeria
Airtel Nigeria on Thursday says it has commenced the National Identity Number (NIN) registration exercise in its retail outlets across the country. Airtel in a statement in Lagos said it…
KongaPay launches ATM card-less withdrawal, USSD features
E-commerce giant, Konga has recorded another feat with the roll-out of card-less withdrawal and unstructured supplementary service data (USSD) features on its payment platform, KongaPay. KongaPay is a secured payment…
CBN opposes MTN’s planned charges for USSD transactions
The Central Bank of Nigeria (CBN) has opposed plans by MTN to charge their subscribers for Unstructured Supplementary Service Data (USSD) access to banking services from Oct. 21. The Governor…
CBN orders banks to resolve USSD disputes within 3 days
The Central Bank of Nigeria (CBN), on Saturday directed all commercial banks to resolve disputes arising from use of Unstructured Supplementary Service Data (USSD) channel within three days. Mr Dipo…