Nigeria’s apex bank the Central bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data services.

The CBN said effective Tuesday, customers will pay a flat fee of N6.98 per transaction every time they use USSD services.

It said the new charges was part of the agreement reached when banks and telecommunication operators met on Monday to discuss the N42bn debt owed mobile operators by banks.

This was contained in a statement released on Tuesday and jointly signed by the apex bank’s Acting Director, Corporate Communications, Osita Nwanisobi; and Director, Public Affairs, Nigerian Communications Commission, Ikechukwu Adinde.

The statement was titled, ‘Joint Statement By Central Bank Of Nigeria and Nigerian Communications Commission On Pricing Of Unstructured Supplementary Service Data (USSD) Services’.


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