The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have introduced a new consumer refund framework that guarantees subscribers a refund within 30 seconds for failed airtime and data transactions.
This is according to a statement issued by the NCC on a jointly developed framework by both regulators to address cases where customers are debited without receiving value.
The framework also strengthens consumer notification rules and resolves long-standing issues around erroneous and misdirected airtime and data purchases.
The policy applies whether the transaction failure occurs at the bank level or with an NCC-licensed operator, signalling a unified regulatory approach to consumer protection across Nigeria’s telecoms and financial services sectors.
According to the NCC, under the new framework, any purchaser who is debited but does not receive airtime or data is entitled to an automatic refund within 30 seconds.
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, refunds, and 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,” she added.
According to Bruce-Bennet, 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.
She added that operators and banks have already refunded over N10 billion to customers for failed airtime and data transactions, pending full rollout of the framework.
Beyond refunds, the framework mandates telecom operators and financial institutions to notify consumers via SMS on the success or failure of every airtime and data transaction.
This requirement is aimed at improving transparency and reducing uncertainty for subscribers who often struggle to confirm transaction outcomes.
Failed airtime and data transactions are among the most frequent consumer complaints in Nigeria’s telecommunications sector.
For millions of Nigerians who depend on mobile connectivity for banking, work, and communication, delayed refunds often translate into real financial and productivity losses.
The introduction of near-instant refunds and mandatory transaction alerts is expected to significantly improve customer experience while compelling banks and telecom operators to tighten their internal controls and transaction systems.
The introduction of near-instant refunds and mandatory transaction alerts is expected to significantly improve customer experience while compelling banks and telecom operators to tighten their internal controls and transaction systems.
The regulators first announced the development of the framework in October last year during 94th Telecom Consumer Parliament of the NCC held in Lagos.
According to them, the framework was borne out of rising complaints over the loss of money by consumers who experience failed transactions but get debited without a refund.
In some cases, the transaction is tagged as ‘pending’, leaving the customer in limbo for weeks without a resolution.