With bank still owing telcos CBN introduces new charges for USSD services

The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data services (USSD). The apex bank said from Tuesday customers will pay a flat fee of N6.98 per transaction every time they use…

Telcos may shut down bank USSD services from March 15

Effective March 15, Nigerians, who make use of the Unstructured Supplementary Service Data (USSD) shortcode for financial transactions, may experience difficulties in carrying out their transactions. This is because the telecommunications operators have threatened to withdraw the USSD service from…

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