TheMorning Star

USSD debt: Banks complying with CBN, NCC directive to pay ₦212.5b to telcos

Commercial banks owing telcos N250 billion USSD debt are complying with the joint order of the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) to pay ₦212.5 billion—85per cent of a ₦250 billion debt as stipulated in a December 20 memo. USSD stands for Unstructured Supplementary Service Data, a communication protocol that…

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Nigeria’s business environment rebounds

Nigerian private sector appears to have experienced improvement during the final month of last year, according to report on Purchasing Managers’ Index (PMI). The report explained that overall business conditions improved as new orders increased for the second month running and renewed expansions were seen in output, employment and purchasing. That said, rates of inflation…

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Adonu shatters glass ceilings, wins MTN Nigeria Partners Award 2024

In an extraordinary display of excellence, Kingsley Ifeanyi Adonu, a leading MTN Nigeria partner from Enugu, has shattered records to claim the top prize at the 2024 MTN Nigeria Partners Award. According to a press statement shared with themorningstar.com.ng, Adonu emerged number one partner in airtime and data distribution across Nigeria, a monumental achievement that…

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