Telcos get NCC nod to disconnect banks over N120b USSD debt

  By Favour Unukaso  TELECOMMUNICATIONS operators are set to disconnect Deposit Money Banks (DMBs) from the use of the Unstructured Supplementary Service Data (USSD) over the protracted debt, which has amounted to N120 billion.    Under the aegis of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), the services providers said the Nigerian... Read More

CBN, NIBSS unveil AfriGo, Nigeria’s first national payment card

THE Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement Systems (NIBSS) have unveiled Nigeria’s first National payment card named AfriGo. At the unveiling virtually yesterday, the CBN Governor, Godwin Emefiele, said the card was designed to cater to local peculiarities that the existing card products have failed to cater to. Emefiele said... Read More