The complete guide to recharge airtime, open a bank account, make inter-bank transactions in Nigeria without mobile data

In recent weeks, banks in Nigeria have faced challenges following the introduction of a cashless policy by the country's banking regulator.

Particularly, there has been a lot of pressure on most of the bank's mobile apps due to the surge in mobile transactions, which experienced a significant year-on-year increase of 230.6% in January 2023, with the transaction volume rising to 108.1 million in January 2023, compared to 32.7 million during the same period in 2022.

The use of the Unstructured Supplementary Service Data (USSD) banking technology for transactions via mobile without the need for an internet connection has also resulted in several failed transactions for customers of these banks.

Because many customers and users are unaware of the correct USSD bank codes for various transactions and how to use them, Techloy's Tech Guide team have provided a complete list of all the Nigerian Banks USSD codes* to enable you to make quick electronic funds transactions.

To use the USSD code for any banking transaction, you need to dial the appropriate code on your mobile phone's dialing pad, using your phone number and follow the instructions.

*The list of Nigerian Banks USSD codes also includes neobanks and fintech apps such as Opay, Kudabank, VBank, Sparkle, Rubies, and Eyowo – which prioritise their mobile applications and require registration with their provisional debit cards for use. Kuda, on the other hand, share affiliated codes with Nigerian banks to conduct transactions.