ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home ICT

USSD debt: Operators fault GTB over data cost

Business 360 by Business 360
May 23, 2023
in ICT
0
Operators say new bill threat to telecoms investment

Telecom operators yesterday faulted the comments of the Group Chief Executive Officer, Guaranty Trust Holding Company (GTCO), Segun Agbaje, over the use of Unstructured Supplementary Service Data (USSD) technology and high data cost in the country.

They believe the banker merely read a prepared speech which he had no opportunity of going through before reading out to members of the public. Agbaje had, among others, said: “All of you who use fewer data, or mobile banking, which is more advanced, which is easier to use, you need to get the cost of data down in Nigeria, the cost of data, compared to India, really we are being exploited.”

Acting under the aegis of the Association of Licensed Telecoms Operators of Nigeria (ALLTON), they challenged Agabje to name the successor technology to USSD which is used all over the world to execute a string of commands riding on telecoms infrastructure.

Chairman of the group, Gbenga Adebayo, in a telephone interview, said much as Agbaje is a respected banker, he believes he read from a prepared speech because there is no basis for him to say data cost is high in Nigeria and suggests that USSD is an obsolete technology.

Previous Post

Digital Economy has created pathway for emerging technologies – NITDA

Next Post

Dangote refinery petrol hits market July, FG to save N7tn

Business 360

Business 360

Next Post
NNPC, 3 others jostle for $12bn stake in Dangote refinery

Dangote refinery petrol hits market July, FG to save N7tn

Leave a Reply Cancel reply

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

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
SEC Launches Comprehensive Technology Adoption Survey for Capital Market Operators

SEC Launches Comprehensive Technology Adoption Survey for Capital Market Operators

May 7, 2025
Gencos Urge President Tinubu to Expedite Meeting Over N4.7tn Power Sector Debt

Gencos Urge President Tinubu to Expedite Meeting Over N4.7tn Power Sector Debt

May 7, 2025
Nigeria’s Data Privacy Sector Generates $10 Million and 23,000 Jobs in Three Years

Nigeria’s Data Privacy Sector Generates $10 Million and 23,000 Jobs in Three Years

May 7, 2025
PETROAN Warns Against Blanket Ban on Imported Goods, Cites Economic Risks

PETROAN Warns Against Blanket Ban on Imported Goods, Cites Economic Risks

May 7, 2025
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

SEC Launches Comprehensive Technology Adoption Survey for Capital Market Operators

SEC Launches Comprehensive Technology Adoption Survey for Capital Market Operators

May 7, 2025
Gencos Urge President Tinubu to Expedite Meeting Over N4.7tn Power Sector Debt

Gencos Urge President Tinubu to Expedite Meeting Over N4.7tn Power Sector Debt

May 7, 2025
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!