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Goodnews: GTBank Removes All Bank Charges For Young Undergraduates On Its GTCRea8 Account Package

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If you are an undergraduate, between the ages of 16-25, then you can now bank for free with Guaranty Trust Bank (GTBank).

The leading, youth-focused, financial institution has announced that it will cover all charges on transfers, USSD transactions and bank alerts for holders of its GTCrea8 Account, a bespoke banking product for young undergraduates between the ages of 16-25.

GTCRea8 has been a core part of the GTBank’s value proposition to deliver value-adding banking services to young people whilst empowering them to pursue excellence in their academics and respective interests.

Over the years, tens of thousands of university undergraduates have benefited from GTCrea8 concerts, masterclasses, digital training, Education Support Grants, and several other initiatives championed by the bank to ensure students have a more rewarding campus experience. Now, millions of students across the country will be able to bank for free following the Bank’s commitment to cover the cost of all banking charges for GTCrea8 account holders.

Some of the banks charges that GTCrea8 account holders will no longer have to pay include charges on bank transfers, even when the transfer is to other banks. Undergraduates will also not be charged for using 737, the bank’s industry-leading USSD service, nor will students be charged for transaction alerts received whether via SMS or email. GTCrea8 account holders will also enjoy special offers and discounts when they make use of GTBank’s trendsetting digital platforms, such as Habari, which offers access to music and video streaming, shopping, messaging, and bills payment all in one place.

Commenting on the Bank’s removal of bank charges for young undergraduates, the Chief Executive Officer of Guaranty Trust Bank, Segun Agbaje said, “Empowering young people in every way we can is the most valuable investment that we can make for the future. That is why we have taken this bold step to cover the cost of all their banking charges, not just to allow them to bank for free, but also to inspire them to imagine a world free of all limits to their ambitions, and in which they can achieve their greatest dreams.”

He further stated that “At GTBank, we will continue to find innovative ways and create new initiatives to give young people all the motivation, support, and platform that they need to thrive. This is the reason we have made banking free for young undergraduates, and it is also the reason we are organizing the GTBank Fashion Weekend, the biggest fashion event in Africa, on November 9-10, 2019 to champion the talent, creativity, and endeavors of our young entrepreneurs.”

Guaranty Trust Bank plc has been at the forefront of supporting education for all and champions several initiatives that provide undergraduates with various avenues to learn, interact and have fun while in school. The Bank is also regarded by industry watchers as one of the best run financial institutions across its subsidiary countries and serves as a role model within the financial service industry due to its bias for world-class corporate governance standards, excellent service quality and innovation.

BIG STORY

Immediate Past Women Affairs Minister Loses Only Son

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Richard, the only son of the former Minister of Women Affairs, Dame Pauline Tallen, passed away on Sunday morning at Cedar Crest Hospital in Abuja, after being hospitalised.

According to a statement released by the family, the exact cause of his death was not immediately known, though it was reported that he had been placed on oxygen in the hospital’s Intensive Care Unit on Friday night.

His alma mater, the Vom Old Boys’ Association, also confirmed his death, stating that he passed away in Abuja after a brief illness.

The group shared on its Facebook page: “On a very sad note, we regret to announce the sudden passing of our member, Mr Richard Adamu Tallen.

“Eternal rest grant unto him oh Lord, may perpetual light shine upon him.

“May the soul of Richard and all departed VOBA members RIP. Amen.”

Richard, a 42-year-old graduate of Computer Science from a university in the United States, is survived by his wife and three children.

The family will announce the burial arrangements.

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BIG STORY

NDLEA Arrests 41-Yr-Old Canadian Woman Munju At Lagos Airport For ‘Importing Bags Of Cannabis’

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The operatives of the National Drug Law Enforcement Agency (NDLEA) have apprehended a Canadian national, Adrienne Munju, accused of “importing a large consignment of synthetic cannabis.”

Femi Babafemi, NDLEA spokesperson, confirmed in a statement that the “41-year-old suspect” was arrested on October 3 during the inward clearance of passengers arriving on a KLM flight from Canada at terminal 1 of the Lagos airport.

According to Babafemi, Munju “was caught with 74 parcels of the illicit substance” weighing 35.20 kg, packed in two of her three bags.

In her statement, Munju revealed that she had been “recruited to traffic the consignment through an online platform for 10,000 Canadian dollars” upon successful delivery in Lagos. She reportedly accepted the offer to fund her ongoing master’s degree program in Canada.

Additionally, the agency intercepted “13,298,000 pills of opioids and 338,253 bottles of codeine-based cough syrup” at the Port Harcourt ports, Onne, Rivers.

Babafemi stated that the seized drugs are valued at over “N9 billion in street value” and included substances like Tramadol, Tramaking Quick Action Tramadol, Tamol-X, Royal Tapentadol, and Carisoprodol.

He added that the shipment, originating from India, was seized during a 100 percent joint examination of the containers by the NDLEA.

Furthermore, on October 3, NDLEA operatives at the Tincan seaport in Lagos “intercepted 100 parcels of Canadian Loud weighing 50kg.” The consignment was “packed in 20 parcels, each in five jumbo bags,” hidden within a container carrying four imported vehicles from Canada.

Although the container had initially been cleared from the ESS Libra Bonded Terminal in Ikorodu, “based on credible intelligence,” NDLEA operatives traced the illicit drugs to a warehouse in Ikorodu. The drugs were found inside one of the imported vehicles, a Toyota Sienna bus.

A suspect, Abubakar Shuaibu Ibrahim, was arrested in connection with the seizure.

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Governor Fubara Swears In 23 New Rivers Local Government Chairmen

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Rivers State Governor, Siminalayi Fubara, has sworn in the newly elected council chairmen” of the 23 local government areas.

The exercise took place on Sunday at the Executive Council Chamber of the Government House in Port Harcourt, the state capital, just hours after the chairmen were issued certificates of return by Adolphus Enebeli, the Chairman of the Rivers State Independent Electoral Commission.

Following an election held amid heightened tension on Saturday, the Action Peoples Party secured 22 out of 23 chairmanship positions, while the Action Alliance candidate won one seat.

 

More to come…

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