GTB Customer Loses N4.6M to Unauthorized Transaction

A Lagos-based banking client reported losing N4.6 million after an unapproved transfer drained their Guaranty Trust Bank account without triggering security alerts.

1 Sept, 01:26 — 1 Sept, 01:26

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punch-ngMostly Factual3h ago

Unauthorised transfer wipes out GTB customer’s N4.6m

A Lagos-based bank customer, Onifade Isaac, has said that he lost N4.6m to an unauthorised transaction from his Guaranty Trust Bank account without receiving any SMS alert notifying him of the transfer. The incident, which occurred on August 22, 2026, has renewed public concern over the reliability of mobile banking security alerts as more Nigerians Read More: https://punchng.com/unauthorised-transfer-wipes-out-gtb-customers-n4-6m/

By Punch Newspapers

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GTB Customer Loses N4.6M to Unauthorized Transaction

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Unauthorised transfer wipes out GTB customer’s N4.6m

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