• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 13, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Commission, Central Bank Order Instant Refunds For Failed Data, Airtime Top-ups

Jerry Emmason by Jerry Emmason
5 months ago
in Business
ncc
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators in the telecommunications industry, have developed a framework to address consumer complaints arising from unsuccessful airtime and data transactions during network downtimes, system glitches, or human error.

This was disclosed in a statement issued on Thursday by the Head of Public Affairs at the NCC, Nnenna Ukoha, who stated that this decision aligns with the consumer-focused objectives of the commission and its partners.

According to the statement, the framework is the outcome of several months of engagements involving the NCC, the CBN, Mobile Network Operators (MNOs), Value Added Service (VAS) providers, Deposit Money Banks (DMBs), and other relevant stakeholders.

These engagements, Ukoha noted, were prompted by a rising incidence of failed airtime and data purchases, where subscribers were debited without receiving value and experienced delays in resolution.

“The Framework represents a unified position by both the telecommunications and financial sectors on addressing such complaints. It identifies and tackles the root causes of failed airtime and data transactions, including instances where bank accounts are debited without successful delivery of services. It also prescribes an enforceable Service Level Agreement (SLA) for MNOs and DMBs, clearly outlining the roles and responsibilities of each stakeholder in the transaction and resolution process,” the statement said.

Under the new framework, where a purchaser is debited but fails to receive value for airtime or data—whether the failure occurs at the bank level or with an NCC licensee—the purchaser is entitled to a refund within 30 seconds, except in circumstances where the transaction remains pending, of which the refund can take up to 24 hours.

RELATED NEWS

World Bank Cuts Nigeria’s 2026 Growth Forecast to 4.1% Despite Crude Rally

Firm Calls For Cross-sector Collaboration To Harness AI Against Counterfeiting

Airtel Africa Foundation Commits $6.2m To Education, Digital Inclusion

The framework further mandates operators to notify consumers via SMS of the success or failure of every transaction. It also addresses erroneous recharges to ported lines, incorrect airtime or data purchases, and instances where transactions are made to the wrong phone number.

Speaking on the development, the Director of Consumer Affairs at the NCC, Mrs. Freda Bruce-Bennett disclosed that the framework also establishes a Central Monitoring Dashboard to be jointly hosted by the NCC and the CBN. According to her, the dashboard will enable both regulators to monitor failures, the responsible party to track refunds, and to track SLA breaches in real time.

“Failed top-ups rank among the top three consumer complaints, and in line with our commitment to addressing these priority issues, we were determined to resolve it within the shortest possible time,” she said.

“We are grateful to all stakeholders—particularly the Central Bank of Nigeria and its leadership—for their tireless commitment to resolving this issue and arriving at this framework, and for ensuring that consumers of telecommunications services receive full value for their purchases.

“So far, pending the approval of management of both regulators on the framework, MNOs and banks have collectively made refunds of over N10 billion to customers for failed transactions,” she said.

Bruce-Bennett further noted that implementation of the framework is expected to commence on March 1, 2026, once the two regulators have made final approvals, and technical integration by all MNOs, VAS providers and DMBs is concluded.

 

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works
Jerry Emmason

Jerry Emmason

OTHER NEWS UPDATES

Did World Bank Misread Development?
Business

World Bank Cuts Nigeria’s 2026 Growth Forecast to 4.1% Despite Crude Rally

17 minutes ago
Guinness Nigeria Commits To Local Sourcing, Revenue Growth
Business

Firm Calls For Cross-sector Collaboration To Harness AI Against Counterfeiting

34 minutes ago
Airtel Africa, UNICEF Commit $57m To Digital Education
Business

Airtel Africa Foundation Commits $6.2m To Education, Digital Inclusion

35 minutes ago
Next Post
What You Might Expect In 2026: A Valedictory Edition

What You Might Expect In 2026: A Valedictory Edition

Advertisement

LATEST UPDATE

World Bank Cuts Nigeria’s 2026 Growth Forecast to 4.1% Despite Crude Rally

17 minutes ago

Firm Calls For Cross-sector Collaboration To Harness AI Against Counterfeiting

34 minutes ago

Airtel Africa Foundation Commits $6.2m To Education, Digital Inclusion

35 minutes ago

Warri Federal Constituency II: Warring Parties Agree To Power Sharing After Tinubu Intervention

40 minutes ago

NICE Urges Engineers To Embrace AI For Infrastructure Development

40 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.