The Nigeria Communications Commission, NCC is saying it will this week publicly release the names of 18 banks that have failed to settle their outstanding debts for using Mobile Network Operators’ Unstructured Supplementary Service Data platforms.
These banks collectively owe a total of 200 billion naira, and the telecom regulator is preparing to take action, including suspending USSD services for the defaulters.
Impeccable industry sources told journalists that only four banks have met the payment requirements outline in a joint directive issued by the Central Bank of Nigeria and the NCC in December 2023.
-9News Nigeria.
