USSD has become a backbone of financial inclusion in Nigeria, especially for rural and underserved populations without access to smartphones or internet connectivity.
With debts totaling ₦250 billion, telecom operators warn that they may be forced to suspend USSD services to banks, a move that could disrupt millions of financial transactions across the country.
Nigeria’s rising debt to the World Bank’s IDA reflects its ongoing fiscal challenges and the importance of external financing in its development agenda