Banks Settle Substantial Debt to Avoid USSD Service Disconnection
Nigeria’s telecom operators have kept Unstructured Supplementary Service Data (USSD) services active as banks make significant progress in repaying their outstanding debts, preventing a potential disruption that could have impacted millions of users.
The banks, which were...
50% Tariff Hike Implementation to Commence Next Month – Telcos
Telecoms operators have said they are preparing new tariffs to reflect the 50 per cent hike approved by the Federal Government through the Nigerian Communications Commission (NCC) .
Although the NCC has said the 50 per...
Telco’s Tariff Increase and NCC’s Patriotism
By Toby Prince
In the heart of Nigeria's digital economy, a story of patriotism and resilience unfolds. The telecommunications sector, a driving force behind the country's growth, has been facing unprecedented challenges. Despite its significant contributions to Nigeria's social and...
Some Banks Settle USSD Debt as Deadline Elapses
At least five of the nine banks owing telecommunication companies N160 billion for the Unstructured Supplementary Service Data (USSD) have made some form of payment after the Nigerian Communications Commission (NCC) set a January 27 disconnection deadline.
In...
Telcos' Operating Costs Skyrocket by 50.92% - NCC
Nigeria's telecommunications sector faced significant financial strain in 2023, with operating costs for telecom companies skyrocketing by 50.92%. This substantial increase underscores the industry's struggles to maintain network operations amidst soaring inflation and a depreciating currency, which...
NATCOMS to Contest 50% Telecos Tariff Hike in Court
The National Association of Telecommunications Subscribers (NATCOMS) has announced plans to contest the Federal Government’s approval of a 50% tariff hike for telecom operators in court.
This decision, according to NATCOMS, was made without adequate consultation with...
