Banks and telecom operators in Nigeria resolved a 4-year USSD charges dispute, transitioning to an end-user billing model and clearing nearly N300 billion in debts.
Other than impunity, it’s hard to imagine a more fitting description of the failure by some banks to settle the outstanding invoices due to telecoms companies for the use of their Unstructured ...
The Punch on MSN
Banks, telcos end four-year N300bn USSD debt dispute
Banks and telecommunications operators in Nigeria have ended a four-year dispute over nearly N300bn owed for Unstructured Supplementary Service Data services, with the debt now fully cleared, the ...
Nigerian banks have indicated they will commence deduction of a flat fee of N6.58 for every banking transaction carried out on all Unstructured Supplementary Service Data (USSD) banking platforms. In ...
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