USSD debt

Business

CBN, NCC give banks, telcos six-month ultimatum on N250bn USSD debt

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have issued a final directive to Deposit Money Banks (DMBs) and Mobile Network Operators (MNOs) to resolve the long-standing N250 billion Unstructured Supplementary Service Data (USSD) debt dispute.…

NewsDirect
December 25, 2024

Business, Infotech

TelCos threaten court action against Banks N130bn USSD debt

Telcommunications operators (Telcos) under the aegis of the Association of Licensed Telecoms Operators of Nigeria (ALTON), have threatened to drag Nigerian banks to court over the unpaid Unstructured Supplementary Service Data (USSD), which has accumulated over the years and has…

NewsDirect
October 17, 2023