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...

USSD: Banks, Telcos Meet As Debt Hits N100bn   The accumulated debt from Unstructured Supplementary Service Data which Deposit Money Banks owe telecommunication firms has risen to over N100bn. As a result, banks and telcos are expected to hold another round of meetings with a view to...

Telecom Unveils 5G in Lagos, Abuja, Kano, Others Mafab Communications has announced that its fifth-generation network is now live in Lagos, Abuja, Kano, Enugu, Port Harcourt, and Kaduna. This was disclosed during the firm’s 5G launch in Lagos on Thursday. According to the firm, even though...

Telcos Seek NCC Approval to Disconnect Banks Telecommunication operators have reached out to the Nigerian Communications Commission for approval to phase out the Unstructured Supplementary Service Data offered to banks due to over N80bn. On Thursday, the Chairman, Association of Licensed Telecoms Operators of Nigeria,...

Investors Gain N252.41bn As Telcos Drive Stock Market Higher     MTN Nigeria Communications Plc and Airtel Africa Plc led the top five stocks by value at the end of trading on the floor of the Nigerian Exchange Limited on Tuesday, with investors gaining N252.41bn. The NGX All-Share...

Bank Customers, PoS Operators Groan As Telcos Block 47 LGAs In 4 States   Telecommunication service subscribers in 47 local government areas in Zamfara, Katsina, Sokoto and Kaduna states have been affected by the ban on telecom services in the areas by the Federal Government, findings...