By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Thursday, Sep 17, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Nigerian economy

NCC, CBN to launch refund framework for failed airtime, data transactions

Honesty Victor
Last updated: January 10, 2026 12:26 pm
By Honesty Victor
Share
3 Min Read
Central Bank of Nigeria CBN 1024x689 1
#image_title
SHARE

The Nigerian Communications Commission (NCC) says it has developed a joint framework with the Central Bank of Nigeria (CBN) to address consumer complaints arising from failed airtime and data transactions caused by network downtime, system glitches, or human input errors.

In a statement on Thursday, Nneka Ukoha, NCC’s spokesperson, said the initiative is designed to ensure refunds within 30 seconds.

Ukoha said the framework followed several months of engagement involving the NCC, the CBN, mobile network operators (MNOs), value-added service (VAS) providers, deposit money banks (DMBs), and other relevant stakeholders.

The NCC official said the initiative represents a unified position by the telecommunications and financial sectors in response to growing complaints from subscribers who were debited without receiving airtime or data.

The framework, according to the spokesperson, also introduces an enforceable service level agreement (SLA) for MNOs and DMBs, clearly defining the responsibilities of each stakeholder in transaction processing and dispute resolution.

NLC demands government intervention as petrol prices soar
Nigeria’s National Data Deficits and Impact on Government Policies
Nigeria now Europe’s largest Jet Fuel Supplier — Dangote
FG to provide Students with 100MB Free Data

“Under the new framework, where a purchaser is debited but fails to receive value for airtime or data-whether the failure occurs at the bank level or with an NCC licensee-the purchaser is entitled to a refund within 30 seconds, except in circumstances where the transaction remains pending, of which the refund can take up to 24 hours,” she said.

“The framework further mandates operators to notify consumers via SMS of the success or failure of every transaction.

“It also addresses erroneous recharges to ported lines, incorrect airtime or data purchases, and instances where transactions are made to the wrong phone number.”

Freda Bruce-Bennett, director of consumer affairs at the NCC, said the framework establishes a central monitoring dashboard to track transaction failures, refunds, and SLA breaches in real time — jointly hosted by the NCC and the CBN.

“Failed top-ups rank among the top three consumer complaints, and in line with our commitment to addressing these priority issues, we were determined to resolve it within the shortest possible time,” she said.

“We are grateful to all stakeholders-particularly the Central Bank of Nigeria and its leadership-for their tireless commitment to resolving this issue and arriving at this framework, and for ensuring that consumers of telecommunications services receive full value for their purchases.

“So far, pending the approval of management of both regulators on the framework, MNOs and banks have collectively made refunds of over N10 billion to customers for failed transactions.”

Bruce-Bennett added that the framework will be implemented on March 1, after final approvals by the NCC and the CBN, once technical integration by MNOs, VAS providers, and DMBs is concluded

Like this:

Like Loading…
TAGGED:CBN
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
Previous Article Alex Ottijpg 1 LP faction endorses Gov. Otti as National Leader
Next Article 1768046281959 Shock as husband who allegedly stabbed wife to death in Ogun, commits suicide
Search
– Advertisement –
Latest News
  • 2027 Election: Soludo should allow Peter Obi to be September 17, 2026
  • 2027: Vote Muslim-Muslim ticket, we will not cheat you – Sheikh Jingir tells Christians September 17, 2026
  • Atiku Movement Challenges Tinubu Over Power Promise, Cites NERC Data September 17, 2026
  • Nigerians Ask Questions About Amupitan’s Suddent Disappearance September 17, 2026
  • Court Clears Way for Atiku to Serve Tinubu in 2027 Eligibility Suit September 17, 2026
  • South Africa’s Ramaphosa withdraws from public engagements over health issues September 17, 2026
  • Northern Governors rallied behind Tinubu after APC Primary — Shettima Clarifies September 17, 2026
  • PANACCTI Appoints Diejomaoh Omonigho Head of Investment and Business Development Strategy September 17, 2026
  • NLC demands government intervention as petrol prices soar September 17, 2026
  • Nollywood producer Amb Thompson Ukeki unveils King Drive U, 2-in-1 E-Hailing platform September 17, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

Atiku
Latest NewsNational

We will restore Subsidy through a production model — Atiku

September 11, 2026
RMAFC seeks oil and gas investment opportunities at China summit
BusinessAsia News

RMAFC seeks Nigeria’s oil and gas investment opportunities at China summit

September 7, 2026
Dangote Fuel Refinery
BusinessGlobal Economy

EBC questions reason for Dangote refinery’s petrol price hikes

September 7, 2026
f69b21f7 3e74 4236 9f05 04b62679ccc0
NationalNigeria News

FG Launches ‘Hire from Nigeria’ to Connect Nigerian Talent with Jobs

September 2, 2026
IMG 5671
Nigeria NewsNational

I’ve never Seen this level of Poverty in Nigeria — Fr. Ehusan

August 28, 2026
FAAN
Nigeria NewsNational

FAAN reaches Agreement with Bolt, Platform to resume Airport Operations

August 27, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • Crime and Investigation
  • The Love of God
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d