Banks have cleared nearly N300bn USSD debt, ALTON confirms
Home > market news
Financial News
Banks have cleared nearly N300bn USSD debt, ALTON confirms
20 Feb, 2026
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has said that commercial banks have cleared the nearly N300 billion debt owed telecom operators for Unstructured Supplementary Service Data (USSD) services. Chairman of the Association, Engr. Gbenga Adebayo confirmed this on Thursday during an official visit to the Chairman of the Nigerian Communications Commission (NCC), Idris Olorunnimbe. Adebayo said the debt debacle that had lingered over four years was resolved through the intervention of the NCC under the leadership of its Executive Vice Chairman, Dr. Aminu Maida..........................….......READ MORE
We use cookies on our websites to improve your user experience and our services, and to analyze the use of our website.
In accordance with NDPR, continuing to use this platform indicates your consent to the processing of your
personal data by Osborne Capital Markets Limited and our partners as detailed in our Privacy Policy.
To learn more, read our Privacy Policy and Data Consent Policy