30 results
- 9 Apr 2021
Nigerian Banks Deny Owing MTN, other Telcos
Nigerian banks yesterday claimed they are not indebted to MTN Nigeria and other phone companies for using Unstructured Supplementary Service Data (USSD) shortcode service to provide payment services.…
- 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.…
- 27 Nov 2019
Telcos Threaten to Withdraw USSD Link from Banks
Telecommunications operators in the country have resolved to withdraw Unstructured Supplementary Service Data (USSD) service they deliver to banks, saying they cannot deliver such service free of…
- 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…
- 29 Sept 2022
Telcos Threaten to Cut Off USSD Services over Banks’ N80Bn Debt
Association of Licensed Telecommunications Operators of Nigeria (ALTON) has said that it might be forced to stop Unstructured Supplementary Service Data (USSD) services because banks have failed to…
- 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…
- 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,…
- 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…
- 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…
- 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,…
- 28 Feb 2025
MTN Nigeria Recovers N32Bn out of N74Bn USSD Debt
MTN Nigeria has recovered N32 billion from Nigerian banks as part of the N74 billion outstanding debt owed to the telecom operator for Unstructured Supplementary Service Data (USSD) service charges.…
- 5 Apr 2021
MTN, Banks Agree on USSD
MTN Nigeria and its banking partners have reached agreement on unstructured supplementary service data (USSD) channels services restriction. The development is relief for Nigerian customers on 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…
- 12 Dec 2019
Illegal SIM Swaps, USSD are Top Cyber Threats in Nigeria - NCC
Nigerian Communications Commission (NCC) has raised concerns on the reoccurring use of illegal Subscriber Identification Module (SIM) swaps and Unstructured Supplementary Service Data (USSD) to…
- 20 Oct 2019
Minister Orders Telcos to Halt Hike in USSD Charges
Isa Ali Ibrahim Pantami, minister of communications, directed the telcos to halt plan to increase charges on use unstructured supplementary service data (USSD) channels to access banking services…
- 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…
- 16 Oct 2017
Holla Taxi Allows Payment with USSD Code, Other Exciting Offers
By peter oluka Ease of payment is one of the reasons some Nigerians shun e-payment related platforms. Now, with the rise of Unstructured Supplementary Service Data (USSD), payment has become even…
- 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)…
- 2 Apr 2024
Moniepoint MFB Unveils New Feature to Combat Fraud and Enhance Convenience
Moniepoint Microfinance Bank, Nigeria's definitive bank for small and medium-sized businesses, as well as their customers and employees has unveiled its new Unstructured Supplementary Service Data,…
- 16 Nov 2023
Telcos Threaten to Withdraw USSD Service as Banks’ Debt Hits N200Bn
Association of Licensed Telecom Operators of Nigeria (ALTON), the umbrella body of telecommunications companies in Nigeria, has threatened to withdraw unstructured supplementary service data (USSD)…
- 10 Mar 2013
Airtel Introduces Special Facebook via USSD Service
Customers of Airtel Nigeria, leading telecommunications services provider, can now access popular social networking platform, Facebook via a USSD (Unstructured Supplementary Service Data) Code.…
- 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…
- 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…
- 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,…
- 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…
- 29 Apr 2026
Telcos Defend N6.98 USSD Charge despite Failed Transactions
Association of Licensed Telecommunications Operators of Nigeria (ALTON), has defended the N6.98 Unstructured Supplementary Service Data (USSD), fee charged on banking transactions, insisting that the…
- 1 May 2025
Banks Settle ₦160Bn USSD Debt to Telcos, Ending Five-Year Dispute
The protracted Unstructured Supplementary Service Data (USSD) debt misunderstanding between the Deposit Money Banks (DMBs) and telecommunications operators appears to have been resolved. This was…
- 28 Dec 2022
Telcos Threaten to Withdraw USSD Services over N80Bn Debt owed by Banks
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has threatened to stop the use of unstructured supplementary service data (USSD) following debts owed by banks which rose…
- 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…
- 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…