
USSD banking is no longer free, the NCC now says your airtime, not your bank account, will be charged ₦6.98 per 120-second session. It’s a major shift aimed at ending a ₦250bn debt fight between banks and telcos.
- Charges move from bank accounts to mobile airtime
- ₦6.98 now applies per 120-second USSD session, with user consent
- MTN has already recovered ₦32bn of the ₦72bn it was owed
- NCC steps in to resolve a long-running telco-bank billing standoff
- Low-income users without smartphones likely to feel the squeeze
Your airtime just became your bank fee. Will this push more people online or leave the unbanked further behind?