By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Monday, Oct 12, 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 9News Nigeria
    • About 9News Nigeria
    • 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
Follow & Subscribe Us:
Subscribe YouTubeFollow FacebookFollow XFollow Instagram

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.

FG Orders MDAs to buy locally assembled Vehicles
Tinubu’s 30-Day Fuel discount is a Publicity Stunt — Atiku
FG announces 30-Day Petrol Discount
APC Governors focused on Reform benefits — Uzodinma Briefs Tinubu

“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

Recommended YouTube Videos on 9News Nigeria TV

You said It's our turn (AWALOKAN), and we voted for you - Woman cries to President Tinubu in Yoruba
We Want Change: Tonto Dikeh, Umar Ganduje, Clamour Need For Youth Inclusiveness
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
ECOWAS VS NIGER JUNTA, SUBSIDY REMOVAL HARDSHIP, WIKE TO FACE WRATH OF THE LAW IF...

Powered by www.zebrawebs.com

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
  • Tobey Maguire officiates ex-Wife’s wedding to Nigerian Billionaire’s Son October 11, 2026
  • Corp Member Dies At NYSC Orientation Camp After Allegedly Taking Fake Drugs October 11, 2026
  • Ijaw traditional ruler dies at 64 amid reports of liposuction complications October 11, 2026
  • FG Orders MDAs to buy locally assembled Vehicles October 11, 2026
  • Eno Orders Fast-Tracking of Transport Projects as Oron Maritime Facility Hits 85% Completion October 11, 2026
  • World Sight Day 2026: Anambra Optometrists Take Free Eye Care to Achina, Target 500 Residents October 11, 2026
  • Babcock University to establish School of Music named after Davido October 10, 2026
  • INEC excludes Isa Pantami from list of Governorship Candidates October 10, 2026
  • Abducted Kogi councillor dies after days in captivity October 10, 2026
  • Cristiano Ronaldo faces suspension after Portugal national team walkout October 10, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About 9News Nigeria
  • 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

Aliko Dangote
Latest NewsAfrica

Why Kenyan Court Ordered ‘Status Quo’ on Dangote’s $16bn Refinery Land

September 29, 2026
FG
Nigeria NewsNational

FG expands shared MSME Facilities to help Small Businesses

September 29, 2026
Screenshot 20260917 143443 1
Latest NewsNigerian economy

NLC demands government intervention as petrol prices soar

September 17, 2026
Nigeria Statistics and Population Data
OPINIONAfrica

Nigeria’s National Data Deficits and Impact on Government Policies

September 14, 2026
Dangote Refinery
Nigeria NewsNational

Nigeria now Europe’s largest Jet Fuel Supplier — Dangote

September 14, 2026
FG
NationalEducation

FG to provide Students with 100MB Free Data

September 11, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Imo state
  • Sports
  • 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