{"id":39168,"date":"2021-03-16T17:47:32","date_gmt":"2021-03-16T17:47:32","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/?p=39168"},"modified":"2021-03-16T16:57:47","modified_gmt":"2021-03-16T16:57:47","slug":"breaking-cbn-introduces-new-ussd-charges-for-customers","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/breaking-cbn-introduces-new-ussd-charges-for-customers","title":{"rendered":"BREAKING: CBN introduces new USSD charges for customers"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a>. <\/strong><\/span>The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data (USSD) services.<\/p>\n<p>The apex bank has announced that from Tuesday, customers will pay N6.98 per transaction every time they use USSD services.<\/p>\n<p>This was contained in a statement jointly signed by CBN\u2019s Acting Director, Corporate Communications, Osita Nwanisobi and Director, Public Affairs, Nigerian Communications Commission (NCC), Ikechukwu Adinde.<\/p>\n<p>\u201cEffective March 16, 2021, USSD services for financial transactions conducted at DMBs (Deposit Money Banks) and all CBN-licensed institutions will be charged at a flat fee of N6.98 per transaction.<\/p>\n<p>\u201cThis replaces the current per session billing structure, ensuring a much cheaper average cost for customers to enhance financial inclusion,\u201d it read in part.<\/p>\n<p>It added that \u201cthis approach is transparent and will ensure the amount remains the same, regardless of the number of sessions per transaction.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data (USSD) services. The apex bank has announced that from Tuesday, customers will pay N6.98 per transaction every time they use USSD services. This was contained in a statement jointly signed by CBN\u2019s Acting Director, [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":39167,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28,26],"tags":[1570,2140,1578,503,254,3432],"class_list":["post-39168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-breaking","tag-cbn","tag-nigeria","tag-ussd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BREAKING: CBN introduces new USSD charges for customers - Nigeria<\/title>\n<meta name=\"description\" content=\"The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/breaking-cbn-introduces-new-ussd-charges-for-customers\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BREAKING: CBN introduces new USSD charges for customers\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/breaking-cbn-introduces-new-ussd-charges-for-customers\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-16T17:47:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-6050e365ac396.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/breaking-cbn-introduces-new-ussd-charges-for-customers#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/breaking-cbn-introduces-new-ussd-charges-for-customers\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"BREAKING: CBN introduces new USSD charges for customers\",\"datePublished\":\"2021-03-16T17:47:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/breaking-cbn-introduces-new-ussd-charges-for-customers\"},\"wordCount\":153,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/breaking-cbn-introduces-new-ussd-charges-for-customers#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-6050e365ac396.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"breaking\",\"CBN\",\"Nigeria\",\"USSD\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/breaking-cbn-introduces-new-ussd-charges-for-customers#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/breaking-cbn-introduces-new-ussd-charges-for-customers\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/breaking-cbn-introduces-new-ussd-charges-for-customers\",\"name\":\"BREAKING: CBN introduces new USSD charges for customers - 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