Nigerian Communications Commission (NCC) don give nine banks ultimatum to settle dem unpaid debts or dem go disconnect dem USSD services.
Di banks wey dem affect include Fidelity Bank Plc, First City Monument Bank, Jaiz Bank Plc, Polaris Bank Limited, Sterling Bank Limited, United Bank for Africa Plc, Unity Bank Plc, Wema Bank Plc, and Zenith Bank Plc.
How di NCC bank ultimatum take unfold
Di NCC say dem give di banks ultimatum because dem no pay dem debts wey dem owe telecom operators. Di debts don dey outstanding since 2020, and di NCC say dem no go take am again.
Dem say di banks must settle dem debts before January 27, 2025, or dem go disconnect dem USSD services.
NCC grants telcos approval to disconnect FCMB, Zenith, 7 other banks in Nigeria 🇳🇬. pic.twitter.com/drs8A3Emx9
— Nigeria Stories (@NigeriaStories) January 15, 2025
Di banks wey go suffer
If di banks no settle dem debts, dem go suffer because dem customers no go fit use USSD codes again.
Di USSD codes wey dem use for mobile banking go stop working, and dem customers go find it hard to do transactions like money transfer and airtime purchase. Di banks wey go suffer include:
– Fidelity Bank Plc
– First City Monument Bank
– Jaiz Bank Plc
– Polaris Bank Limited
– Sterling Bank Limited
– United Bank for Africa Plc
– Unity Bank Plc
– Wema Bank Plc
– Zenith Bank Plc
Di NCC directive
Di NCC directive wey dem sign say dem go disconnect di USSD services of di banks wey no settle dem debts.
Di directive wey Reuben Muoka, di Director of Public Affairs of NCC, sign, say dem give di banks ultimatum because dem no adhere to di joint directive wey Central Bank of Nigeria (CBN) and NCC give dem to clear outstanding invoices wey dem owe telecom operators.
