The Nigerian Communications Commission has granted telecom operators the authority to disconnect USSD services to nine banks that have failed to settle outstanding debts incurred for the use of these services.
These banks have been given a two-week grace period to resolve the outstanding payments.
If the debts remain unpaid, millions of bank customers may lose access to USSD-based transactions, significantly impacting their ability to conduct financial operations.
This move has significant implications for the banking sector and highlights the ongoing dispute between telecom operators and banks regarding the pricing and payment of USSD services.