May 26

Dispute Between Nigerian Banks and Telcos Over $260 Million USSD Debt Threatens Financial Inclusion

A running dispute between Nigeria’s banks and telcos stepped up last week when the Nigerian Communications Commission (NCC) gave the telcos permission to disconnect banks that have not paid their debts for USSD services, in a move that could exclude millions of customers.

Photo courtesy of Simon Berry.

Source: African Business (link opens in a new window)

Finance, Technology, Telecommunications
data, failure, financial inclusion, telecommunications