• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

Telcos take over USSD billing as CBN, NCC approve direct deductions from airtime

Oreoluwa Ojelabi by Oreoluwa Ojelabi
June 19, 2025
in Business
0 0
0
USSD billing reform Nigeria

Nigerian telcos can now charge USSD fees directly from subscribers’ airtime, ending a long-standing dispute with banks over N200bn in unremitted payments

[dropcap]T[/dropcap]elecommunications operators in Nigeria will now directly access revenue from Unstructured Supplementary Service Data services, following a landmark regulatory shift by the Nigerian Communications Commission and the Central Bank of Nigeria.

Also read: USSD billing policy end user billing, gains telecom industry backing

The policy change, known as the End-User Billing (EUB) framework, officially empowers telcos—MTN, Airtel, 9mobile and Glo to deduct USSD charges straight from subscribers’ airtime balances.

This move eliminates banks as intermediaries in the billing process, a point of friction that has plagued the sector for years.

Operators had long complained that banks collected service charges from customers without remitting them, accumulating over ₦200 billion in unpaid dues by the end of 2024.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

The new billing model aims to resolve this conflict while improving transparency and service efficiency.

Subscribers will now be charged ₦6.98 per session, lasting up to 120 seconds, only after receiving a prompt to opt in and approve the deduction.

This arrangement, stakeholders say, promotes customer awareness and consent in line with best practices.

President of the National Association of Telecoms Subscribers, Adeolu Ogunbanjo, praised the development as a long-overdue reform.

“Before now, banks would deduct the money from our accounts and fail to remit it to the telcos. It was always a problem,” he said, urging telcos to now invest in better service quality.

The Association of Licensed Telecom Operators of Nigeria confirmed the rollout in a statement on Wednesday, noting that some banks including GTB, UBA, and FCMB had already begun notifying customers of the new arrangement.

According to ALTON Chair, Gbenga Adebayo, “This transition marks a significant milestone in the evolution of Nigeria’s digital financial ecosystem.

It aims to establish a transparent, sustainable, and customer-centric model for USSD service delivery.”

USSD codes used for services such as balance checks, fund transfers, and utility payments will remain active.

Subscribers experiencing challenges are advised to contact their mobile providers or respective banks, depending on the nature of the issue.

The new billing structure builds on a 2021 interim agreement that introduced the ₦6.98 flat rate, collected by banks on behalf of telcos.

However, the system faltered as banks reportedly failed to fully comply, prompting the industry-wide switch to direct billing.

The CBN and NCC, in a joint circular issued on December 20, 2024, stipulated conditions for the transition.

Banks must clear historical debts in three phases: 60 per cent of old bills by January 2, 2025; full settlement of pre-existing bills by July 2, 2025; and 85 per cent of new bills paid by December 31, 2025.

Adebayo confirmed that the telecom sector was technically prepared for the EUB model, but banks had lagged in readiness and compliance.

With that gap now closing, stakeholders expect smoother service delivery and renewed trust across Nigeria’s digital finance landscape.

USSD remains vital for financial inclusion, especially in rural communities with limited access to internet-enabled devices.

Also read: USSD banking charges now deducted from airtime from June 3

The reform, experts say, ensures the sustainability of this service while aligning with subscriber rights and telecom accountability.

oreoluwa ojelabi brand writer
Oreoluwa Ojelabi

Oreoluwa is an accountant and a brand writer with a flair for journalism.

Related Posts

MurtalaMuhammedInterAirportLagos
Airline

AIC Limited land dispute escalates over Lagos airport

by David Okere
September 22, 2025
#image_title
Business

Chairman, Unity Bank retires over CBN’s tenure limit

by Quadri Olaitan
March 23, 2023
Women Kreatives Connect Summit 2.0
Sustainability

Women Kreatives Connect Summit 2.0 boosts careers of young Nigerian women

by David Okere
March 19, 2026
L-R: Sounds of ALAT Judges, Cobhams Asuquo, Alpha Ojini, MD/CEO, Wema Bank, Moruf Oseni, Sounds of ALAT, Judge,Omawumi Megbele,Event Host,Tobi Bakre; Head, Brand and Marketing Communications, Wema Bank, Mabel Adeteye; at the bank’s anniversary party held at Harbour Point, Lagos
Business

Wema Bank unveils new brand jingle for ALAT

by Freelanews
May 10, 2023
Boca Energy
Energy

Boca Energy Services Ltd. champions innovation for excellence on World Creativity Day 2026

by David Okere
April 21, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Kene Okonkwo

Kene Okonkwo shades Femi Otedola after her father wins lawsuit she claims involves him

June 3, 2026
Adelabu

BREAKING NEWS: Gunmen kidnap Adelabu’s sister, twin children in Ibadan (Video)

June 3, 2026
Arsenal

Arsenal face transfer shake-up as three players near summer exit

June 3, 2026
Alimosho

Alimosho council warns residents over false security alerts

June 3, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Kene Okonkwo

Kene Okonkwo shades Femi Otedola after her father wins lawsuit she claims involves him

June 3, 2026
Adelabu

BREAKING NEWS: Gunmen kidnap Adelabu’s sister, twin children in Ibadan (Video)

June 3, 2026
Arsenal

Arsenal face transfer shake-up as three players near summer exit

June 3, 2026
Alimosho

Alimosho council warns residents over false security alerts

June 3, 2026
June 2026
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
282930 
« May    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Adelabu

    BREAKING NEWS: Gunmen kidnap Adelabu’s sister, twin children in Ibadan (Video)

    0 shares
    Share 0 Tweet 0
  • Islamic Cleric condemns radical Islamic teachings, cultural erasure in Yorubaland

    0 shares
    Share 0 Tweet 0
  • Kwara Palace source alleges police fled terror attack

    0 shares
    Share 0 Tweet 0
  • EFCC declares Emeka Iheanacho wanted in serious probe

    0 shares
    Share 0 Tweet 0

Just Published!

Kene Okonkwo

Kene Okonkwo shades Femi Otedola after her father wins lawsuit she claims involves him

June 3, 2026
Adelabu

BREAKING NEWS: Gunmen kidnap Adelabu’s sister, twin children in Ibadan (Video)

June 3, 2026
Arsenal

Arsenal face transfer shake-up as three players near summer exit

June 3, 2026
Alimosho

Alimosho council warns residents over false security alerts

June 3, 2026
Sokoto

Sokoto police arrest drug suspect, foil terrorist attack in major operation

June 3, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.