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BREAKING: CBN Places N7 USSD Transaction Fee On Nigerians
CBN has introduced N7.00 for every USSD request by Nigerian mobile telephone users.
The deal was part of an agreement reached with banks in the midst of a raging disagreement between banks and telecom organisations over USSD and other text message transaction requests.
READ Applicants Of CBN COVID-19 Household And SME Loan Check Your Name Here
The transaction has been free for years, but telecom outfits said the USSD service was expensive, saying over N42 billion in debt by banks.
Details later…
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