Categories: Nigeria News

BREAKING: CBN introduces N7 USSD transaction fee

The Central bank of Nigeria CBN has introduced N7.00 for every USSD request by Nigerian mobile telephone users.

The deal was part of an agreement reached with banks amidst a raging disagreement between banks and telecom firms over USSD and other text message transaction requests,

The transaction was has been free for years, but telecom firms said the USSD service was expensive, alleging over N42 billion in debt by banks.

Details shortly…

Treasure Orokpo

A multi-talented individual with a passion for diverse fields, Treasure Orokpo is a trained journalist, skilled cook, and AI enthusiast. When she's not uncovering the latest stories, you can find her whipping up culinary creations in the kitchen and entertainment.

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