FG Sets Six-Month Deadline for Banks, Telcos to Settle N250bn USSD Debt   The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have issued a final directive to Deposit Money Banks and Mobile Network Operators to resolve the protracted N250bn Unstructured Supplementary Service...

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...

Banks, Telcos In Talks To Settle N17bn USSD Debt       Commercial banks and mobile network operators have commenced discussion on how the N17bn accumulated debt for Unstructured Supplementary Service Data access will be paid. Findings showed the two parties would reach an agreement on modalities for payment...