Categories: BankingBusinessNews

GTBank begins USSD fee deduction from Customers’ airtime

Guaranty Trust Bank (GTBank) has commenced the deduction of Unstructured Supplementary Service Data (USSD) fee from the airtime balance of its customers.

GTBank made this known via a message to its customers on Wednesday, June 18, 2025.

The bank said the N6.98 fee would no longer be deducted from customers’ bank account balance.

Fraud: First Bank invests N15bn to protect systems from hackers

“Dear Customer, please be informed that effective June, 18, the N6.98 USSD fee will be deducted from your airtime balance; no longer from your bank account,” the bank stated.

The Nigerian Communications Commission (NCC) had directed deposit banks in the country to stop deducting charges for USSD transactions from customers’ accounts.

The Star

Segun Ojo

Recent Posts

Chibok community raises the alarm over fresh Boko Haram attacks

The Kibaku Area Development Association (KADA) has raised fresh concerns over renewed attacks by Boko…

22 minutes ago

Court suspends inquest into Chimamanda’s son’s death amid AG controversy

The Coroner’s Court sitting at the Igbosere Magistrates’ Court in Lagos has suspended proceedings in…

39 minutes ago

Oil prices slip as Trump reveals possible Iran peace deal

Oil prices fell for a second day on Wednesday on expectations bottled-up supply from the…

56 minutes ago

Customs intercepts N2.35bn cocaine, nabs 71-year-old suspect in Lagos

The Nigeria Customs Service, Federal Operations Unit Zone A, has intercepted 6.35kg of cocaine valued…

1 hour ago

Stock market investors lose N904bn as profit-taking ends bullish rally

Investors lost N904 billion on Tuesday as sell-offs in major stocks dragged the Nigerian stock…

2 hours ago

INEC resumes voter registration May 11

The Independent National Electoral Commission (INEC) has announced that the nationwide Continuous Voter Registration (CVR)…

2 hours ago

This website uses cookies.