FG Issues Six-Month Ultimatum On N250bn USSD Debt Resolution

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have directed deposit money banks (DMBs) and mobile network operators (MNOs) to resolve the protracted N250 billion Unstructured Supplementary Service Data (USSD) debt within six months. A joint circular dated December 20, 2024, signed by Oladimeji Taiwo, acting director of payments system management … Continue reading FG Issues Six-Month Ultimatum On N250bn USSD Debt Resolution