Telecom Companies Threaten To Disconnect Banks From USSD   Telecommunications companies have threatened to stop offering Unstructured Supplementary Service Data services to financial institutions without commensurate financial payment for the services. The companies, which are also members of Association of Licensed Telecommunications Operators of Nigeria, insisted that...

USSD Framework: CBN Postpones Implementation Date   the central bank of nigeria has extended the start date for the implementation of the regulatory framework for use of unstructured supplementary service data in the country’s financial system. The implementation of the framework was initially scheduled to start on...

The Central Bank of Nigeria (CBN) has unveiled new regulatory framework on Unstructured Supplementary Service Data (USSD), a banking platform, as part of efforts to mitigate risk by the customers. The central bank stated this in the draft framework that was posted on its website...