Tag: USSD

CBN Increases Interest Rate to 27.25% in Latest Monetary Policy Move

CBN, NCC Mandate Banks and Telcos to Resolve ₦250bn USSD Debt

by Ikenna Ngere

December 24, 2024

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have directed deposit money banks (DMBs) and mobile network operators (MNOs) to resolve the long-standing ₦250 billion debt ...

Cash crisis: CBN launches USSD for eNaira on Bullnet

by Ikenna Ngere

February 24, 2023

The Central Bank of Nigeria has launched the USSD channel of the Central Bank Digital Currency tagged the eNaira on Bullnet platform to boost the usage of the platform. It ...