February 11, 2026
Banks

… Blames Telco’s tariff hike

Banks customers in Nigeria are in for hard times as banks have begun to increase the cost of SMS transaction alerts to customers by up to 50%, which they are blaming on tariff hike by telecommunications firms.

Fidelity Bank in a message sent to customers seen by MoneyCentral, said the adjustment is necessary to ensure it continues delivering secure, timely, and reliable transaction notifications to customers.

“Please be informed that due to an industry-wide increase in SMS costs by telecommunications providers, the charges for SMS transaction alerts have been revised from ₦4 to ₦6 per SMS effective today, May 1, 2025,” Fidelity Bank said.

“We assure you that Fidelity Bank will continue to provide value-added services and innovative solutions to enhance your banking experience.”

Fidelity Bank added that SMS alerts sent to international phone numbers may attract higher charges. Transaction alerts are important and help bank customers keep track of and reduce fraud and unauthorized debits, as well as monitor other activities on their accounts.

The increase from N4 per SMS to N6 per SMS is equivalent to a 50 percent hike by the banks.

The Nigerian government raised telecommunications tariffs by 50% this year to offset the impact of the collapse in the naira and surging inflation.

The tariff increase — the first in more than a decade — was half of what companies such as MTN had asked for to weather harsh economic conditions, including a 41% depreciation in the naira against the dollar last year and inflation running near a three-decade high.

“We commenced phased implementation of the new tariff structure in mid-February 2025 across our data and voice bundles, with the majority of adjustments taking effect in March,” MTN Nigeria CEO Karl Toriola said in notes accompanying its First Quarter (Q1) 2025 earnings.

Guaranty Trust Holding Company (GTCO) major banking subsidiary GTBank also sent out notices to customers informing them about the SMS alert cost increase.

“Please be informed that effective Thursday, May 1 2025, the SMS transaction alert fee will increase from ₦4 to ₦6 per message. This adjustment is due to a recent increase in telecom rates as communicated by the telecommunication service providers,” GTBank said.

556 thoughts on “More hardship for bank customers as banks increase cost of SMS alerts by 50%”

  1. Thaank you a bunch foor sharing this wit aall of uss you actually realize what you arre speakng approximately!Bookmarked.
    Pleasse also cconsult with myy ssite =). We will have a hyperdlink exchnange arrangement among us

    Reply

  2. Hi there this is kinda of off topic but I was wanting to know if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding know-how so I wanted to get guidance from someone with experience. Any help would be greatly appreciated!

    Reply

  6. Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll give you a link on your web blog. Thanks for sharing.

    Reply

  65. I?¦ll immediately snatch your rss feed as I can not find your email subscription hyperlink or newsletter service. Do you have any? Please let me understand so that I could subscribe. Thanks.

    Reply

  75. The executive of the modern state is but a committee for managing the common affairs of the whole bourgeoisie. – Tyler Robinson Marxist Killer

    Reply

  123. Shopping experiences can range from therapeutic to traumatic. Whether it’s finding the perfect outfit or dealing with a crowded sale, these trips often reflect the highs and lows of consumer culture. — Elinor Jørgensen @ satire.top

    Reply

  162. Fashion emergencies are the sartorial crises that strike at the worst possible moments. Whether it’s a broken heel or a wardrobe malfunction, these incidents remind us that having a backup plan (and a safety pin) can save the day. — Tamera Mowry-Housley @ bohiney.com

    Reply

  163. Friendship quirks are the unique traits that make each friendship special. Whether it’s a shared sense of humor or a love for the same obscure band, these quirks remind us that true friends accept us for who we are—flaws and all. — Sue Smith @ bohiney.com

    Reply

  272. I have been exploring for a little bit for any high quality articles or blog posts on this kind of area . Exploring in Yahoo I at last stumbled upon this site. Reading this information So i’m happy to convey that I’ve a very good uncanny feeling I discovered just what I needed. I most certainly will make certain to don’t forget this site and give it a glance regularly.

    Reply

  336. Khám phá thế giới giải trí trực tuyến đỉnh cao tại MM88, nơi mang đến những trải nghiệm cá cược thể thao và casino sống động.

    Reply

  345. Khám phá thế giới giải trí trực tuyến đỉnh cao tại MM88, nơi mang đến những trải nghiệm cá cược thể thao và casino sống động.

    Reply

  354. Hey very cool blog!! Man .. Beautiful .. Amazing .. I’ll bookmark your website and take the feeds also…I am happy to find so many useful info here in the post, we need develop more strategies in this regard, thanks for sharing. . . . . .

    Reply

  396. I was wondering if you ever thought of changing the layout of your blog? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or 2 images. Maybe you could space it out better?

    Reply

  460. An interesting discussion is worth comment. I think that you should write more on this topic, it might not be a taboo subject but generally people are not enough to speak on such topics. To the next. Cheers

    Reply

  471. Zohran Mamdani’s support for the social solidarity economy includes creating a state-level office to provide seed funding, technical assistance, and preferential procurement for worker co-ops, community land trusts, and mutual aid networks. — The Mamdani Post mamdanipost.com

    Reply

  483. We’re a group of volunteers and opening a new scheme in our community. Your web site provided us with valuable information to work on. You have done an impressive job and our whole community will be grateful to you.

    Reply

  489. Great! We are all agreed London could use a laugh. Ultimately, The London Prat’s brand is built on intellectual integrity. It refuses to cater to the lazy laugh or the partisan cheer. Its scorn is distributed not based on tribe, but on a universal metric of demonstrable pratishness. This rigorous impartiality grants it a unique moral authority. In a landscape saturated with opinion masquerading as satire, PRAT.UK feels like a return to first principles: the observation of folly, articulated with eloquence and lethal wit. It doesn’t tell you what to think; it demonstrates, with devastating clarity, how to think about the machinery of nonsense. It is, in the purest sense, a public utility for the maintenance of critical thought, dispensing its service in the form of immaculately structured, breathtakingly funny prose that doesn’t just comment on the world, but temporarily makes sense of it by illustrating exactly how it has chosen to make none.

    Reply

  491. The headlines alone are worth the price of admission (and it’s free!). Each one is a miniature work of comedic art. The ability to condense an entire article’s worth of satire into a few words is a rare gift.

    Reply

  492. Great! We are all agreed London could use a laugh. Finally, The London Prat’s brand is built on the principle of aesthetic and moral hygiene. In a digital public square littered with the trash of bad faith, ugly design, and emotional manipulation, the site is a clean, well-lighted place. Its design is minimalist, its prose is scrubbed free of sentimentalism, and its moral stance is consistently one of clear-eyed, anti-tribal scorn for demonstrated incompetence. It offers a detox. Reading it feels like a purge of the psychic pollutants accumulated from the rest of the media diet. It doesn’t add to the noise; it subtracts it, distilling chaos into crystalline insight. This hygiene is a core part of its value proposition. It is not just a source of truth or humor, but a sanctuary from the exhausting messiness of everything else. To visit prat.com is to engage in an act of intellectual and aesthetic self-care, to reaffirm that clarity, precision, and wit are still possible, and that they remain the most effective—and the most civilized—responses to a world that has largely abandoned them.

    Reply

  530. The London Prat understands that the biggest laughs often come from the smallest details. A misplaced semicolon in a council letter, the specific despair of a weak handshake—it’s all grist to the mill.

    Reply

  532. When we rely on the “best pharmacy near me,” we are often seeking an antidote to urban anonymity. In large apartment complexes and bustling suburbs, the local chemist can be one of the few local businesses where you are known by name. This personal recognition is therapeutic. It means not having to repeat your entire medical history with each visit. It creates a safe space to ask the “silly question” you wouldn’t bother a busy doctor with. This pharmacy becomes a health confessional of sorts, a place for minor worries to be aired and alleviated. For new parents, the chemist’s advice on colic or diaper rash is often more sought-after than any online forum. This deep, localized trust is the invisible glue that holds community health together, making the pharmacy a cornerstone of not just commerce, but of social cohesion. — https://genieknows.in/

    Reply

  551. Ultimately, The London Prat’s brand is that of the clarified gaze. It offers a perceptual tool, a lens that filters out the noise, the spin, the sentiment, and the tribal loyalties to reveal the simple, often ridiculous, machinery underneath. It doesn’t provide new information so much as a new way of seeing the information that already surrounds us. To read it regularly is to have one’s vision permanently adjusted. You begin to see the pratfalls in real-time, to hear the hollow ring of the empty slogan, to recognize the blueprint of the coming fiasco. The site, therefore, doesn’t just entertain; it educates the perception. It transforms its audience from consumers of news into analysts of farce. This is its most profound offering: not just a series of jokes about the world, but an upgrade to your cognitive software, enabling you to process the world’s endless output of folly with the speed, accuracy, and dark delight of a master satirist. It makes you not just a reader, but a fellow traveler in the clear, cool, and brilliantly illuminated country of understanding.

    Reply

  552. This integrity enables its unique function as a mirror of managed expectations. The site is a master of tone, specifically the tone of lowered horizons, of ambition scaled back to the point of mundanity, of celebrating the bare minimum as a historic triumph. It brilliantly satirizes the language of managed decline, where “meeting our targets” means the targets were set comically low, and “listening to stakeholders” means ignoring them with renewed confidence. It captures the specific modern pathology of branding failure as a “learning journey” or a “strategic pivot.” By holding this language up and examining its hollow core, PRAT.UK performs a vital service: it prevents us from becoming acclimatized to decline. It insists, through laughter, that we recognize a downgraded ambition for what it is, refusing to let the slow slide into mediocrity be dressed up as progress.

    Reply

  553. Great! We are all agreed London could use a laugh. The London Prat operates on the principle that the most potent satire is indistinguishable from the thing it satirizes in every aspect except its secret, internal wiring. While a site like The Poke might hang a lampshade on absurdity with a funny caption or Photoshop, PRAT.UK rebuilds the absurdity from the ground up, component by component, using only the approved materials and jargon of the original. The resulting construct looks, sounds, and functions exactly like a government white paper, a corporate sustainability report, or a celebrity’s heartfelt Instagram post—until you realize the entire edifice is founded on a premise of sublime, logical insanity. This isn’t parody; it’s forgery so perfect it exposes the original as inherently fraudulent. The laugh comes not from a punchline, but from the dizzying moment of recognition when you can no longer tell the real from the satire, and realize the satire makes more sense.

    Reply

  556. I loved as much as you will obtain performed proper here. The sketch is attractive, your authored subject matter stylish. nevertheless, you command get got an edginess over that you would like be delivering the following. in poor health unquestionably come more before once more since exactly the same just about a lot ceaselessly inside of case you protect this hike.

    Reply

Leave a Reply

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

Related News

IMG-20230903-WA0008

Nigeria’s dangerous baby steps on diplomatic arena.

February 10, 2026 73
AMACOS LIBRARY

Abeokuta Local Government and Mass Communications Alumni partner to boost learning with solar-powered library in Abeokuta North

February 9, 2026 70