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Banks owe telcos N42bn for USSD services, says NCC

Deposit Money Banks owe telecommunications companies N42bn for services provided by the mobile network operators through the Unstructured Supplementary Service Data, the Nigerian Communications Commission announced on Thursday. Executive Vice Chairman, NCC, Prof. Umar Danbatta, announced this during his lecture at the virtual 2021 edition of the Bullion Lecture. He explained that the indebtedness of

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