USSD Archives - The NewsZenith

Resolve N250bn USSD debt in 6 months, FG tells Telcos, banks

by Tunde
December 25, 2024
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By Abdulfatah Babatunde Two regulatory agencies have ordered Deposit Money Banks and Mobile Network Operators to settle the long-standing N250 billion USSD debt dispute before Jan. 2, 2025. TheNewsZenith reports that the agencies are the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC). The CBN and NCC also directed banks to pay […]

Moniepoint introduces new feature to stem fraud

By Our Correspondent A microfinance bank (MFB), Moniepoint, says it has developed a new Unstructured Supplementary Service Data (USSD) service to enhance financial inclusion and prevent fraud. The Managing Director of the MFB, Mr Babatunde Olofin, announced the development in a statement on Tuesday in Lagos. According to Olofin, the USSD service would be accessible […]