Banks Begin Charging N6 Per SMS for Transaction Alerts
IBY Peterside Rejoice Eneky Nigerian banks have commenced implementation of a new SMS transaction alert fee of N6 per message, effective today, May 1, 2025. The new fee represents a…
IBY Peterside Rejoice Eneky Nigerian banks have commenced implementation of a new SMS transaction alert fee of N6 per message, effective today, May 1, 2025. The new fee represents a…
This is according to a circular released to deposit money banks (DMBs), non-bank financial institutions (NBFIs), and other financial institutions (OFIs) on Friday. In January 2017, CBN Had said digital…