30 results
- 2 Feb 2025
Customers’ USSD Access Intact as Banks’ Settle USSD Debt
Almost all e nine banks earmarked for disconnection from Unstructured Supplementary Service Data (USSD) service over a N160 billion debt have reportedly made good progress in terms of repayment,…
- 1 Jul 2018
CBN Mandates Banks to Resolve USSD Complaints in 3 Days USSD
The Central Bank of Nigeria (CBN), over the weekend directed all commercial banks to resolve disputes arising from use of Unstructured Supplementary Service Data (USSD) channel within three days. Mr.…
- 15 May 2023
Why Your Bank’s USSD Code is not Working
Many Nigerians woke up on Saturday morning only to discover that they cannot access their bank’s services via USSD services as usual. If you are one of those who can’t access your bank’s USSD…
- 1 Jul 2018
CBN Orders Banks to Settle USSD Disputes in 3 Days
Central Bank of Nigeria (CBN), has directed all commercial banks to resolve disputes arising from use of Unstructured Supplementary Service Data (USSD) channel within three days. USSD, is a…
- 5 May 2025
CSCS Launches *7270#, USSD Code Service
Central Securities Clearing System PLC (CSCS) has announced the launch of *7270#, its Unstructured Supplementary Service Data (USSD) code service, set to go live on May 8th, 2025. The USSD code…
- 2 Jun 2025
Banks, Telcos to Start Deducting USSD Charges from Airtime Today
Banks and telecom companies will begin deducting USSD banking charges directly from customers’ airtime instead of their bank accounts beginning from today, June 3. USSD, otherwise Unstructured…
- 30 Jun 2020
Access Bank Launches USSD to Curb Fraud
Access Bank PLC, Africa’s largest retail bank, has introduced *901*911#. The USSD code allows customers to deactivate their USSD profile once their mobile devices get lost or stolen. This is in…
- 21 Oct 2019
MTN Bows to FG, Suspends USSD Charges
MTN Nigeria has said it has not started charging its subscribers for bank transactions done via Unstructured Supplementary Service Data (USSD). The USSD allows banks’ customers access to bank…
- 12 Mar 2021
Telcos May Withdraw Banks’ USSD Service over N42Bn Debt
Telecommunications operators have resolved to start phased withdrawal of its Unstructured Supplementary Service Data (USSD) services to debtor financial services providers from Monday next week.…
- 16 Mar 2021
Customers to Pay N6.98 for Every USSD Transaction – CBN, NCC
Mobile Network Operators (MNOs) and Deposit Money Banks (DMBs) have agreed on a new pricing regime of N6.98k for every Unstructured Supplementary Service Data (USSD) transaction. This was disclosed…
- 22 Jun 2025
MTN Says New N6.98 USSD Charge Won’t Affect Airtime Recharge
Lynda Saint-Nwafor, chief Enterprise business officer, MTN Nigeria, has assured the network subscribers that the new end-user billing system for the use of USSD services will jot affect them. USSD,…
- 16 Apr 2025
Banks, Telcos Mull New Billing Plans for USSD Airtime Payments
Telecom customers will have to pay for the use of Unstructured Supplementary Service Data (USSD) by having their airtime deducted, according to an information obtained by the Guardian. According to…
- 4 Jun 2025
Telcos Threaten to Disconnect Banks over Misinformation on New USSD Charges
Telecommunication companies have threatened to withdraw their Unstructured Supplementary Services Data (USSD), services from banks over what they called misinformation. MTN Nigeria, Airtel, Globacom…
- 19 Feb 2026
Banks, Telcos Settle Four-Year Dispute over N300Bn USSD Debt
Banks and telecommunications operators in Nigeria have ended a four-year dispute over nearly N300bn owed for Unstructured Supplementary Service Data services (USSD), with the debt now fully cleared,…
- 24 Feb 2020
Carbon Launches USSD Service to Enhance Access to Finance
Carbon, the Pan-African digital financial services company, has introduced a USSD service to its platform, making it even easier for individuals that have little or no access to smartphones or the…
- 5 Nov 2017
Telcos Move to Secure USSD Transaction Channel
Telecommunications operators providing Unstructured Supplementary Service Data (USSD) platform are requesting help from money deposit banks to effectively secure the platforms against hackers,…
- 20 Jun 2025
USSD: 13 Banks Clear Debts - ALTON
Association of Licensed Telecommunications Companies in Nigeria (ALTON) has revealed that 13 commercial banks have fully settled their outstanding Unstructured Supplementary Service Data (USSD)…
- 9 Aug 2019
NCC Slashes Telcos USSD Charge to N4.89k Per Session
Nigerian Communications Commission (NCC) has issued an order to all telcos to bring down their Unstructured Supplementary Service Data (USSD) services to no more than N4.89k per session. This…
- 9 May 2023
Banks Fail to Remit Funds as USSD Debt Reaches N120Bn
The Unstructured Supplementary Service Data (USSD) platform is experiencing an extensive crisis, and although talks between the banks and telecommunications operators are ongoing at the regulatory…
- 22 Oct 2024
FG Mum as Telcos Threaten to Disconnect Banks from USSD Services over N250Bn Debt
Federal government has failed to intervene in the unstructured supplementary service data (USSD) debt crisis between the telecom operators and the financial banks in the country. Karl Toriola, chief…
- 4 Aug 2021
Unity Bank Unveils New USSD Platform to Combat E-Banking Fraud
Unity Bank Plc has unveiled a new code on its USSD platform that completely puts the customer in control of his Bank Account against any e-Banking fraud. The new code which is *7799*9*Phone Number #…
- 11 Apr 2021
Angst as Groups Threaten Legal Action over USSD Pricing
Subscriber groups have threatened to take legal action as soon as the new Unstructured Supplementary Service Data (USSD) service charge of N6.98 takes effect. Deolu Ogunbanjo, president, NATCOMS…
- 15 Oct 2023
Telcos May Sue Banks over N130Bn USSD Debt
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…
- 4 Jun 2021
Banks Begin N6.98 Deduction on USSD Transactions
Bank customers using the unstructured supplementary service data (USSD) payment channels will now pay a flat fee of N6.98 per transaction — replacing the current N4.89 session billing structure.…
- 8 Mar 2020
Unity Bank Introduces USSD In Nigerian Languages
Unity Bank Plc has launched an Unstructured Supplementary Service Data, (USSD) banking in Nigeria’s three major languages – Yoruba, Hausa and Igbo, making it the first Nigerian commercial bank to…
- 14 Mar 2021
FG Asks Telcos to Halt Suspension of USSD Banking Services
Dr Isa Ali Ibrahim Pantami, minister of Communications and Digital Economy, has directed that the impending suspension of the USSD services by the Mobile Network Operators (MNOs) be put on hold. The…
- 10 Oct 2024
FIRS Launches USSD Code *829# for Taxpayers’ Satisfaction
Federal Inland Revenue Service (FIRS), has launched an Unstructured Supplementary Service Data (USSD) Code *829# specifically targeted at improving taxpayers’ satisfaction. This is in a bid to…
- 26 Jun 2024
Banks Reportedly Begin Repayment of N200Bn USSD Debt to Telcos
Deposit money banks have reportedly initiated the process of repaying a $132 million (N200 billion) debt owed to telecom operators for the use of unstructured supplementary service data (USSD) for…
- 24 Nov 2024
NCC, CBN to Resolve Telecoms, Banks’ USSD Debt Issue
Nigerian Communications Commission (NCC) is in talks with the Central Bank of Nigeria (CBN) over the Unstructured Supplementary Service Data (USSD) debt totalling N250 billion between the telecom…
- 18 Apr 2021
N42Bn USSD Debt: Telcos Insist Banks must Pay, Seek FG’s Intervention
Telecommunications companies have insisted that the banks have to pay the N42 billion debt for the Unstructured Supplementary Service Data (USSD) and called for the intervention of the Central Bank…