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Tag "unstructured supplementary service data (USSD)"

CBN reduces charges on USSD transactions to N6.98

    CBN reduces charges on USSD transactions to N6.98

Mobile Network Operators (MNOs) and Deposit Money Banks (DMBs) have agreed to reduce the charge on customers using unstructured supplementary service data (USSD) to N6.98 for each transaction. In a

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Pantami orders telcos to suspend withdrawal of USSD services

    Pantami orders telcos to suspend withdrawal of USSD services

Isa Pantami, minister of communications and digital economy, has directed telecommunication companies to halt the planned withdrawal of unstructured supplementary service data (USSD) services. This minister’s directive was contained in

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NBS: Electronic transactions declined by 21% in Q2

    NBS: Electronic transactions declined by 21% in Q2

The total value of transactions through electronic payment channels reduced by 21.1 percent at N263.78 trillion in the second quarter (April-June), the National Bureau of Statistics (NBS) said in its

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