...GTBank, FCMB, First Bank offer lower rates
Nigerian banks have launched a strategic offensive into territory long controlled by telecommunications companies, aggressively capturing a massive N400 billion airtime and data credit market with cheaper lending rates.
Guaranty Trust Bank (GTBank) is leading the charge with its Quick Airtime Loan at just 2.95 percent, a fraction of the 15 percent charges typically imposed by telcos, triggering a major power shift in Nigeria’s digital services landscape. Customers are
