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Nigeria telcos threatens to block mobile banking services over banks debt

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Telephone companies in Nigeria have threatened to suspend USSD services over indebtedness by banks.

Millions of Nigerians use the shortcode platform to access banking services daily through their phones, but the telcos say they are being owed by the banks.

The Association of Licensed Telecommunication Operators of Nigeria (ALTON) said it will disconnect the banks from the service by March 15.

ALSO READ: Football Has Memories, and So Do I – Ronaldo

In a statement signed by its chairman, Gbenga Adebayo, and head of operations, Gbolahan Awonuga, the group on Friday explained that the withdrawal became necessary after its members and banks failed to reach an agreement on a payment structure that will exclude phone users.

It said after the issuance of the USSD pricing, determined by the Nigerian Communications Commission, the banks decided that they would no longer pay for USSD service delivered to their customers and requested the telcos to charge customers directly.

“The banks, however, provided no assurances to our members that such service fees charged to customers’ bank accounts for access to bank services through the USSD channel would be discontinued post implementation of end-user billing by our members,” the group said.

It said the removal of these service fees by the banks would have meant that if bank customers were charged only the USSD costs communicated by telcos per USSD session, bank customers will be paying far less than what they are currently being charged by the banks which in some instances are as high as N50.

“​It has been more than eight (8) months since the Nigerian Communications Commission (NCC) issued an updated pricing methodology for USSD services for financial transactions in Nigeria,” the group said.

“The methodology explicitly restricts Mobile Network Operators (MNO’s) from charging the end user for the services and mandates the banking sector to enter into negotiations to settle outstanding obligations and agree individual pricing mechanisms to be applied going forwards.

“During this time, Mobile Network Operators (MNO’s) have continued to provide access to USSD infrastructure and our members have continued to pay all Bank charges and fees to access the Banking industries assets and customers, despite the fact that obligations due from banks to telecoms companies for USSD services has reached over Forty-Two Billion (N42B) Naira.”

ALTON said it continued to provide these services despite not reaching an agreement considering millions of Nigerians who had become more reliant on accessing financial services through the USSD infrastructure due to COVID movement restrictions.

“Unfortunately, as it has been impossible to agree on a structure for these payments with the banks that do not involve the end-user being asked to pay, the government has been forced to intervene to ensure that a sustainable cost-sharing solution is agreed, that does not disadvantage the consumer in the long-term.

“We deeply regret that we have reached a point where the withdrawal of these services has become unavoidable, however, we remain committed to working closely with the relevant Ministries and regulators to resolve this issue as quickly as possible.

“To minimise the disruption to customers, and with the concurrence of the Honourable Minster of Communications and Digital Economy and the Nigerian Communications Commission, on the huge debt to the Network operators; Mobile Network Operators will disconnect debtorFinancial Service Providers (FSPs) from USSD services, until the huge debt is paid.

“Therefore, our members are initiating a phased process of withdrawal of USSD services, starting with the most significant debtors within the Financial Service Providers (FSPs) effective Monday March 15, 2021.

“While the withdrawal of USSD service is in place, we encourage our subscribers to kindly explore alternative channels with their Banks.”

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I Heard He Had His Pu.bic Hairs Put On His Face- 50 Cent Trolls Mayweather’s Hair Again

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GhGossip

When it comes to trolling in the Hip Hop world, no one does it better than Hip Hop legend and business mogul 50 Cent as he is on the ‘neck’ of Floyd Mayweather again with his trolls.

50 Cent, born Curtis Jackson and Boxing legend Floyd Mayweather has been in a very long ‘unsettled’ beef for a very long time now with both successful business men throwing shades at each other with the least opportunity.

But 50 Cent is way above Mayweather in trolls as he mostly makes the Boxing champ always feels uncomfortable on social media. Recall he started trolling Mayweather with his hair when the former welterweight Boxing champion made a public appearance with a heavy mustache could of months ago.

50 Cent in a post on social media posted the photo of his former best friend Mayweather with the heavy mustache trolling him that he took some hair from his ‘a$$’ and implanted it around his mouth.

The television guru couple of months ago wanted to settle the long beef with his former best friend in a boxing match after he threw a challenge to Mayweather of which Mayweather accepted the challenge for the boxing match.

But 50 Cent knowing what he was doing later called off the match 48 hours after Mayweather accepted the match saying the head of the ‘The Money Team’ can’t read two paragraphs of his best New Times Selling Book.

Well 50 Cent is back again trolling Mayweather about his hair when camera captured the Boxing champ with fully grown hair on his head during a pre-match brawl with YouTuber Jack Paul last night.

Floyd like you can’t show people my hair. LOL

WTF going on, on champ head… I heard he had his pubic hairs put on his face. Lol #bransoncognac#lecheminduroi

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Patience Ozokwor, Others React As Aki And Paw Reveals Intentions To Resume Acting Together

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GhGossip

In a post sighted on his Instagram page Osita wrote: “@chineduikedieze How far Edu? Just over here soliloquising. I just they see Dm and old clips everywhere. Guess is time to answer the call of nature and drop something. How you see am?”

Chinedu replied and wrote; @ositalheme, this will be interesting ooo
Should we give them a movie or series?

Guys what do you think?
Should we give you a movie or tv series,
What should we call it?

Celebrities and fans could not hold themselves as they trooped under the comment section to react to the news. Below are some reactions

“@patienceozokwo wrote “Whatever you call it we will watch”

@alexxekubo wrote “Yesssssssss we are ready”

@dilly_cious wrote “They may not look funny again because they look like big rich men now with pot bellies… Not the smallish aki and paw paw we know”

@thevc_store wrote “They are no longer funny now they have grown older cos they now act serious roles. The fun was in their mischievousness as children”

@badgirlsimz wrote “it won’t be interesting”

crazeclown wrote: AHHHHH PLEASEEEEEE I BEG UNA 😢 A MOVIE AND SERIES

adaameh wrote : All join 🙌🙌🔥🔥❤️❤️

aphricanace wrote: Yessooo…movie for sure!!!! We want another classic like 2 rats or aki na ukwa 🔥❤️

realchidimmaaneke wrote: We can’t wait to see you both

amazingklef wrote:A very funny series and movies !

officialowengee wrote: Give us a Movie, whatever name you decide will be good

mary_lazarus wrote: Very nice🙌🙌🙌

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DJ Cuppy slams troll who can’t stand her ‘transition to motherhood’ with puppies

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Celebrity disc jockey, Dj Cuppy savagely responds to a follower who subtly attacked her for showing extra care to her puppies.

The billionaire’s daughter had shared photos of her puppies wrapped in cosy towels as she affirms how the transition to motherhood has touched and made her a softer person.
“Motherhood is already making me a better person… I might even do giveaway soon,” Cuppy wrote while sharing photos of her puppies.

DJ Cuppy slams troll who can't stand her 'transition to motherhood' with puppies

In reaction, a follower expressed exhaustion of the renowned DJ’s act as he blatantly stated that he is so done with her behaviours.

“I cannot stand Cuppy anymore,” he wrote.

DJ Cuppy, however, did not let it cool before savagely firing back by telling the fan to ‘sit down’ since she cannot stand her anymore.

See their exchange below …

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