Ecobank Increases SMS Alert Charges to ₦6 Effective May 1, 2025

Ecobank Nigeria has announced an increase in its SMS transaction alert fee from ₦5 to ₦6 per message, effective Thursday, May 1, 2025. The bank communicated this change to its customers via email, attributing the adjustment to a “revised tariff” structure .

This revision aligns with similar moves by other Nigerian banks, such as Guaranty Trust Bank (GTBank), which also plans to raise its SMS alert fee from ₦4 to ₦6 per message starting May 1, 2025 . These adjustments come in response to recent increases in telecommunication service rates, which have impacted operational costs for financial institutions.

While SMS alerts provide real-time transaction notifications, customers seeking cost-effective alternatives may consider opting for email alerts, which are typically offered free of charge by banks. To update notification preferences, customers are advised to contact Ecobank's customer service or visit the bank's official website.