The Nigeria Interbank Settlement System (NIBSS) has issued approved standard operating guidelines for Bank Verification Number (BVN) matching system, mainly for a harmonized way of verifying...
The dispute over the N42 billion owed telecommunications operators in the country by money deposit banks took a new dimension at the weekend as the banks...
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. Recall that...
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...
Central Bank of Nigeria (CBN) has reportedly banned Paystack and other non-bank financial institutions in Nigeria from providing the Bank Verification Number validation (BVN) service. According...
Central Bank of Nigeria (CBN) has secured an interim order of a federal high court in Abuja, freezing 84 bank accounts belonging to 25 individuals and...
MTN Nigeria said it has begun the formation of a long term and sustainable pricing structure for its Unstructured Supplementary Service Data (USSD) transactions with bank...
Yusuf Gyallesu, national president of the National Association of Microfinance Banks (NAMB), has asked Central Bank of Nigeria (CBN) to extend the recapitalisation deadline given to...
Akinwale Goodluck, head of GSMA Africa, has urged Central Bank of Nigeria (CBN) to extend money licenses to MTN and Airtel to scale up Nigeria’s mobile...
Following the recent USSD drama, Y’ello Digital Financial Services (YDFS) has announced the expansion of its MoMo Agent cardless cash withdrawal service to over 40 banks...