Breaking: CBN Imposes N7 USSD Transaction Fee On Nigerians


The 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…

READ  Oil prices climb as U.S. stock drawdown eases supply glut fears

Recommended For You

Leave a Reply