Appeal Court Upholds Gtbank Staff’s Seven Years Jail Term in Enugu

The Enugu Division of the Court of Appeal has upheld the conviction and seven years prison sentence of one Onyekachi Nwosu, a former employee of Guaranty Trust Bank for his commission of over N50million (Fifty Million Naira) loan fraud.   Nwosu was prosecuted by the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on a nine-count charge, …

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GTBank increases SMS transaction alert fee to ₦6

Guaranty Trust Bank (GTBank) has announced a revision in its SMS transaction alert charges, with the fee increasing from ₦4 to ₦6 per message effective Thursday, May 1, 2025.   In a customer notice issued on Wednesday, the bank cited rising telecommunication service charges as the reason for the upward adjustment.   “This adjustment is due to a recent increase …

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