NCC Stops Banks’ Withdrawal of Telecoms USSD Charges

The Nigerian Communications Commission (NCC) has announced an important change on the deduction of charges for Unstructured Supplementary Service Data (USSD) transactions. Starting Tuesday, June 3, 2025, Deposit Money Banks (DMBs) will no longer be allowed to deduct these fees directly from customers’ bank accounts. Instead, the charges will be deducted from users’ mobile airtime…

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Dangote Accepts World Bank’s Appointment

The President and Chief Executive of the Dangote Group, Aliko Dangote, says he has accepted his appointment to the World Bank’s Private Sector Investment Lab, joining a select group of global business leaders tasked with driving investment and job creation in emerging economies. In 2023, the Prime Minister of Canada, Mark Carney, co-chaired the Private…

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Nigeria Should Be Serious To Renew Investment Protection Agreement With Taiwan – Envoy

▪︎Dr Jumoke Oduwole, Minister of Industry, Trade and Investment Chief of Taiwan Mission at the Taipei Trade Office in Nigeria, Andy Yih-Ping Liu, says that the trade volume with Nigeria has enormous potential for growth as many Taiwanese investors are waiting for the renewal of the bilateral agreement, which would provide a legal framework for…

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