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BREAKING: CBN introduces new charges for USSD services

Punch Newspapers
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Kayode Oyero
The Central Bank of Nigeria has introduced new charges for customers using the Unstructured Supplementary Service Data services.
The apex bank said effective Tuesday, customers will pay a flat fee of N6.98 per transaction every time they use USSD services.
It said the new charges was part of the agreement reached when banks and telecommunication operators met on Monday to discuss the N42bn debt owed mobile operators by banks.
This was contained in a statement released on Tuesday and jointly signed by the apex bank’s Acting Director, Corporate Communications, Osita Nwanisobi; and Director, Public Affairs, Nigerian Communications Commission, Ikechukwu Adinde. ....

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CBN Announces ₦6.98 Charge For USSD Transactions

CBN Announces ₦6.98 Charge For USSD Transactions
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Breaking News | Breaking News BREAKING: All bank customers to pay N6.98 as new fees for USSD services

The Streetjournal Magazine is an online investigating media house that specializes on systematic, serious crimes, political corruption or corporate wrongdoing. ....

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Central Bank Of Nigeria Introduces New Charges For USSD Services

According to the statement, customers will pay N6.98 per transaction every time they use USSD services as from Tuesday. ....

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N42bn debt: FG stops telcos from disconnecting USSD services

Punch Newspapers
Sections
Kayode Oyero
Kayode Oyero
Published 13 March 2021
The Federal Government, on Saturday, asked telecommunication operators to put on hold, their impending suspension of Unstructured Supplementary Service Data services over a N42bn debt owed by banks.
This was contained in a statement signed by Femi Adeluyi, technical Assistant on Information Technology to the Minister of Communications and Digital Economy, Isa Pantami.
The PUNCH had earlier reported that the Association of Licensed Telecommunications Operators of Nigeria said telcos will disconnect Financial Service Providers from USSD services from March 15 until they pay their over N42bn debt.
ALTON had explained that the service withdrawal become necessary due to the lack of agreement on a payment structure with the banks that did not involve the end-user being asked to pay. ....

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