Amidst hardship, inflation, bank announces higher SMS charges Bank customers will begin paying ₦6 for every SMS transaction alert starting Thursday, 1 May 2025. The SMS charges were increased by 50% to ₦6 from the previous ₦4 per message. An email from Guaranty Trust Bank Limited with the heading “Increase in SMS Transaction Alert Fee” read: “Dear Valued Customer, Please be informed that effective Thursday, May 1, 2025, the SMS transaction alert fee will increase from ₦4 to ₦6 per message. Read also: More hardship awaits Nigerians as headline inflation rises to 24.23% "This...