The Central Bank of Nigeria (CBN) has disclosed that it is in talks with telecommunications companies (telcos) and the Nigerian Communication Commission (NCC) for new Unstructured Supplementary Service Data (USSD) charges. The disclosure was made by Samuel Okojere, CBN’s Director of Payment System Management while speaking at the 2019 Mobile Money Conference organized by the Association of Licensed Mobile Payment Operators (ALMPO) Okojie, who was represented by Aisha Isa-Olatinwo, Assistant Director Payment System Department, CBN, while speaking on the role of regulators in accelerating mobile money adoption in Nigeria said, “Engagement with the NCC is still ongoing to find a new conducive pricing regime for USSD services in the Industry. The uproar over USSD charges started on the 20th of October 2019 when telecoms subscribers received text messages from operators on the USSD deductions. --- Support this podcast: https://anchor.fm/newscast-africa/support