The Central Bank of Nigeria (CBN) has imposed N6.98 service charge on Nigerians for all USSD transactions.
A statement jointly signed by the apex bank and the Nigerian Communications Commission (NCC) and released yesterday, March 16, says customers will pay a flat fee of N6.98 per transaction every time they use USSD services from March 16. The deal was part of an agreement reached with banks following a disagreement between banks and telecom firms over USSD and other text message transaction requests.
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