USSD

Umoru Abdulkadir As part of measures to ensure accessibility to financial services at affordable rates as well as encourage citizens to own bank accounts, the Central Bank of Nigeria (CBN) on Sunday slashed the withdrawal fee charged…

By UMORU ABDULKADIR The Body of Bank Chief Executive Officers has applauded the recent notice from the National Communications Commission (NCC) announcing the immediate suspension of end-user billing for Unstructured Supplementary…

The Minister of Communications, Isa Pantami has explained how the ministry intends to address the security implications of unregistered, pre-registered and semi-registered SIM cards in Nigeria. The minister spoke on Thursday when he…

By OLADELE OGUNTIMEHIN Following public outcry and the opposition from both government and the banks in the country, MTN Nigeria Thursday reversed its earlier plan on its new charging model for access to banking services via the USSD…

UMORU ABDULKADIR Banks have joined the oppositions against the MTN Nigeria Communication planned USSD charge as they disassociated themselves from the telecom firm's plan to further over burden the subscribers. The body of Nigerian…

MTN Nigeria says it will go ahead to charge its customers for Unstructured Supplementary Service Data (USSD) voice or text message which allows them access to bank services via their mobile phones. The telecom said it would start…

By UMORU ABDULKADIR Royal Exchange Plc, has announced that it recorded a Gross Written Premium (GWP) of N14.7 billion, representing an increase of 15 per cent for the 2018 financial year as against N12.8 billion in 2017. The firm's…

By Edet Udoh Poised to eliminate fake motor and marine insurance certificates in Nigeria, the Nigerian Insurers Association (NIA) has encouraged underwriters to upload procured insurance policies to the Nigerian Insurance…

Subscribers to mobile telecommunications services in Nigeria spent about N767.23bn on airtime purchase from November 2018 to January 2019, investigations have revealed. This figure is based on the number of subscribers in the three…

By ADEBISI ADEMOLA …Secures $15m, N7.3bn credit from AFDB, DBN Wema Bank Plc has announced N1.58 billion profit, jumping by 29.69 per cent according to its First Half 2018 unaudited financial report. The lender had reported N1.22 billion…