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Nigerian Regulators Mandate Banks to Settle US$275 Million USSD Debt by Year

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/nigerian-regulators-mandate-banks-to-settle-us275-million-ussd-debt-by-year-end/The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have issued a directive requiring banks to pay $275 million, representing 85% of a $324 million debt owed to telecom operators for Unstructured Supplementary Service Data (USSD) charges, by December 31, 2024. This move, outlined in a memo dated December 20, 2024, follows […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/nigerian-regulators-mandate-banks-to-settle-us275-million-ussd-debt-by-year-end/


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