
Subscriber groups have threatened to take legal action as soon as the new Unstructured Supplementary Service Data (USSD) service charge of N6.98 takes effect. Recall that...

Nigerian banks yesterday claimed they are not indebted to MTN Nigeria and other phone companies for using Unstructured Supplementary Service Data (USSD) shortcode service to provide...

Central Bank of Nigeria (CBN) has reportedly banned Paystack and other non-bank financial institutions in Nigeria from providing the Bank Verification Number validation (BVN) service. According...

Central Bank of Nigeria (CBN) has secured an interim order of a federal high court in Abuja, freezing 84 bank accounts belonging to 25 individuals and...

Yusuf Gyallesu, national president of the National Association of Microfinance Banks (NAMB), has asked Central Bank of Nigeria (CBN) to extend the recapitalisation deadline given to...

Following the recent USSD drama, Y’ello Digital Financial Services (YDFS) has announced the expansion of its MoMo Agent cardless cash withdrawal service to over 40 banks...

Central Bank of Nigeria (CBN) has got an order from the Federal High Court, Abuja division, to freeze 11 bank accounts to enable it conduct investigations...

Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN) has said that terrorists and kidnappers are now demanding ransom in cryptocurrency. Moghalu, also...

MTN Nigeria and its banking partners have reached agreement on unstructured supplementary service data (USSD) channels services restriction. The development is relief for Nigerian customers on...

Alhaji Lai Mohammed, minister of Information and Culture, has said over one billion dollars would accrue to government from the sale of spectrum after completion of...