Nigerian banks block MTN from banking channels

– – Nigerian banks have blocked MTN from their banking channels following a feud over fees charged for the service. MTN had reduced the banks’ commission from an average of 3.5 per cent to 2.5 per cent using USSD for banking services. The feud has left millions of subscribers unable to recharge their phones using the USSD services on MTN lines on Friday. The decision by the banks to shut off the telecoms firm has led to a lot of frustration for customers. MTN had advised its subscribers to seek…

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