contact_phoneCall us +234 (0) 9073530044

BUSINESS

MTN customers have been reconnected to banking channels

todayApril 6, 2021 2

Background
share close

MTN customers have been reconnected to banking channels after commercial banks had blocked them from using their channels, including the Unstructured Supplementary Service Data and banking apps on Friday.

The channels were blocked as a result of MTN reducing the banks’ commission on USSD airtime to 2.5 per cent.

However, following the intervention by the Minister of Communications and Digital Economy, Isa Pantami, the Governor of the Central Bank of Nigeria, Godwin Emefiele, as well as the Nigerian Communications Commission, MTN agreed to revert back to 4.5 per cent commission.

In a letter signed by MTN Chief Executive Officer, Karl Toriola, on Saturday and addressed to the Chairman of Body of Banks’ CEOs, Herbert Wigwe, Toriola said a meeting for the reduction of the charges would be held on Tuesday.

Pantami confirmed the reconnection of MTN customers to banking channels when he tweeted on Sunday, “The services have been restored since early morning today. Best wishes.”

In a statement seen by our correspondent, Tariola gave the assurance that the company would do what was necessary to reduce customers’ inconvenience.

Written by: EaglesFM

Rate it

Previous post

BUSINESS

A total of 2,210 workers have withdrawn N3.18bn from their Retirement Savings Accounts

A total of 2,210 workers have withdrawn N3.18bn from their Retirement Savings Accounts with their respective Pension Fund Administrators in six months after making additional voluntary contributions, the National Pension Commission has said. PenCom said this in its quarterly report obtained on Monday. While 1,286 active contributors withdrew N2.17bn in the third quarter of 2020, another 924 contributors withdrew N1.01bn in the fourth quarter of 2020. PenCom stated that “during […]

todayApril 6, 2021 2

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

About
eaglesfm_logo

Eagles FM Abuja Nigeria provides information, entertainment & empowerment it’s listeners.

 “Your Radio Experience, You Can Count On”

Contact us
Address
download streaming app
Privacy Policy
0%