USSD
18 Aug
Information available to The Guardian has revealed that the dispute over the N120 billion unstructured supplementary service data (USSD) debts owed telcos by deposit money banks (DMBs) is far from being resolved.
3 Jul
To fast-track the claim payment process in insurance industry, Sanlam General Insurance Nigeria has initiated a USSD code that allows customers have access to a speedy resolution of third-party motor insurance claims in road emergency cases.
18 May
With the lingering crises between the telecommunications and deposit money banks (DMBs) now getting more intense, the Association of Licensed Telecoms Operators of Nigeria (ALTON) said its members have been asked to give individual debtor banks an ultimatum.
13 May
Telecommunications operators are set to disconnect Deposit Money Banks (DMBs) from the use of the Unstructured Supplementary Service Data (USSD) over accumulated debt, which has amounted to N120 billion.
9 May
While there are ongoing conversations between the telecommunications operators and the banks at the regulatory level to find an amicable solution to the protracted crisis affecting the Unstructured Supplementary Service Data..
6 Mar
Amid huge financial turnover recorded in the first three quarters of 2022 by banks in the country and claims of N100 billion investment in electronic channels, digital banking has remained very challenging for many Nigerians in the last few weeks since the introduction of the new cash policy.
3 Feb
The embattled Nigerian banking public suffered further woes yesterday as banks Unstructured Supplementary Service Data (USSD) platforms failed to deliver for customers.
7 Oct 2022
Failing banks’ electronic payment (ePayment) channels have continued to compound the woes of the banking community with Nigerians, who make use of the platforms for transactions, being frustrated
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