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Tariff Hike: Telcos Warn of Imminent Shutdown

Tariff Hike: Telcos Warn of Imminent Shutdown   Nigerian telecom operators have issued a stark warning, cautioning that a delay in reviewing tariffs beyond the first quarter of 2025 could have severe repercussions, including undermining the sector's growth prospects, destabilizing operations, and diminishing its economic contributions. For the...

N130bn USSD Debt: Telcos Threaten Court Action Against Banks

N130bn USSD Debt: Telcos Threaten Court Action Against Banks   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...

N120bn USSD Debt Slowing Financial Inclusion – NCC

N120bn USSD Debt Slowing Financial Inclusion - NCC The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, has said the banks’ N120bn Unstructured Supplementary Service Data debt owed telecommunication firms is slowing down financial inclusion. He noted that without the service, digital financial...

NCC Orders Telcos to Respond to Subscribers in 30 Mins

NCC Orders Telcos to Respond to Subscribers in 30 Mins   The Nigerian Communications Commission (NCC) is set to mandate telecommunication firms to attend to their customers within 30 minutes of arriving at any customer care center in the country. This is based on a new document...

N120bn USSD Banks Debt won’t be cancelled – Telcos Chair 

N120bn USSD Banks Debt won’t be Cancelled - Telcos Chair  Telecommunication firms have said they will not be forgiving the N120bn Unstructured Supplementary Service Data debt banks owe them. They stated that banks must pay the debt, insisting banks would be disconnected once every effort at...

Telcos Issue Banks Disconnection Notice over N120bn USSD Debt

Telcos Issue Banks Disconnection Notice over N120bn USSD Debt Telecommunication firms have issued Deposit Money Banks disconnection notice amid a disagreement over Unstructured Supplementary Service Data service debt running to over N120bn. According to telcos, banks owe them N120bn for using their USSD infrastructure for financial...