Zenith Bank has said that its system upgrade has been completed successfully.
In a statement on Tuesday, Zenith Bank thanked its customers for their patience during the update process, pledging better services going forward.
Similar announcements were made by Zenith Bank on October 14, stating that the bank has improved its key information technology (IT) infrastructure following an October 1 system upgrade, with a guarantee that the outage would continue between 12:01 am and 2:30 pm.
Through various channels, Zenith Bank notified its customers on September 29 that a new version of its app would be automatically updated on October 1.
This is as customers of the bank complained on X about their inability to use the bank’s mobile app once the development occurred.
TimesNow.com.ng reported that in the second quarter (Q2) of 2024, Nigerian banks lost N42.6 billion to fraudsters, the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has said.
AMMBAN national president Fasasi Sarafadeen Atanda, citing the Financial Institutions Training Centre (FITC), revealed that the losses were linked to agent locations using stolen cards, phones, phony alerts, and ransom cash out.
He stated that the 2024 AMMBAN survey found that more than 300 local government areas in Nigeria lack bank branches, ThisDay reported.
Proofread by Kola Muhammed, journalist and copyeditor at TimesNow.com.ng
Source: TimesNow.com.ng
