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March 17, 2021
MDS Global Launches New Metro Approach to BSS Deployment Media Links Warrington, United Kingdom, 17 March 2021: MDS Global Ltd, a leading BSS-as-a-Service provider, has today announced its new ‘Metro’ deployment option for its flagship BSS solution. Metro offers Network Operators, Virtual Network Operators (VNOs) and Virtual Network Enablers (VNEs) a fast, low-cost option for launching new initiatives in either 4G or 5G environments. Combining a top-tier BSS suite with a real-time charging ...
March 17, 2021
USSD: Wetin be USSD transaction - tins you fit use am do and how di new CBN law fit affect you 17 March 2021 Wia dis foto come from, Getty Images Nigerians don begin reason how di new Unstructured Supplementary Data Services (USSD ) charges go affect di pocket of mobile banking users wey go now pay ₦6.98 flat fee for any transaction. Central Bank of Nigeria (CBN) and Nigerian Communications Commission (NCC) introduce dis new charge to end di disagreement between banks and telecoms operators a...
March 17, 2021
Moving the motion, Ossai said the Central Bank of Nigeria (CBN) introduced the Cashless Policy in a bid to realise its statutory mandate of promoting monetary stability and sound financial system in Nigeria. He said that one of the innovations introduced with the policy was-USSD services used by Global System for Mobile Communication Technology to communicate with service providers’ computers via text messages. He explained that it was to check account balance or mobile airtime, generate ban...
March 16, 2021
NIE Finance plc - Annual Financial Report PR Newswire - £350,000,000 2.5 per cent Guaranteed Notes due 2025 (ISIN XS1820002308); and - £400,000,000 6.375 per cent Guaranteed Notes due 2026 (ISIN XS0633547087). each unconditionally and irrevocably guaranteed by Northern Ireland Electricity Networks Limited. In accordance with Listing Rules 17.4.7 and 17.3.4, the Report and Financial Statements for the year ended 31 December 2020 for each of Northern Ireland Electricity Networks Limited and NIE...
March 16, 2021
Since October 2019, there has been a dispute between telecoms operators and the Nigerian banks over who should pay for USSD service sessions.
March 16, 2021
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, and Nigerian Communications Commission (NCC) today said that bank customers are to begin paying N6.98 kobo per Unstructured Supplementary Service Data (USSD) transactions commencing today. The price replaced the former per session billing structure for USSD transactions. They disclosed this in a joint statement on pricing of USSD services, signed by Osita Nwanisobi, AG, Director Corporate Communications, CBN and Director Public Affairs, N...
March 16, 2021
Vanguard News USSD: Reps wade into N42b Telcos’, Banks’ Debt tussle On By Tordue Salem – Abuja The House of Representatives, Tuesday, intervened in the conflict between telecommunication companies and banks over N42billion debts from Unstructured Supplementary Service Data(USSD). The House adopted a motion to the effect, on Tuesday citing its Order 8 Rule 4. A motion entitled: “Urgent Need to Intervene In the Impasse of N42billion debt between Telecommunication Operators and Banks and ...
March 16, 2021
Millions of Nigerians use the USSD to access banking services daily, but telcos say they are being owed by banks..................
March 14, 2021
Punch Newspapers Sections Temiloluwa O’Peters The Federal government has directed Mobile Network Operators to put on hold the impending suspension of Unstructured Supplementary Service Data services. The directive was given by the Minister of Communications and Digital Economy, Dr. Isa Pantami, according to a statement titled ‘Impending suspension of USSD banking services put on hold’. The statement was signed by the Technical Assistant (Information Technology) to the Minister of Communic...
March 13, 2021
The Association of Licensed Telecommunications Operators of Nigeria has said telcos will disconnect Financial Service Providers from Unstructured S...