First Bank, one of Nigeria’s leading financial institutions, has announced a scheduled system migration that will temporarily disrupt certain banking services.
In an email targeted at vendors, First Bank said it will transition to a new cloud-based procurement and financial platform from Saturday, October 26.
The bank said the migration will be fully operational from Monday, November 4, 2024, Punch reports.
The bank wrote:
The lender also informed customers that during the transition period, vendors will be unable to submit invoices through its current Electronic Business Suite.
Payments will only be processed for invoices submitted for received purchase orders by Friday, October 25, 2024.
Furthermore, FirstBank announced that its existing supplier portal will be discontinued as of November 4, 2024.
The bank will share additional details about the new Supplier Portal, including a job card, ahead of the system’s go-live on Monday, November 4, 2024.
The bank explained.
Earlier, TimesNow.com.ng reported that Unity Bank had resolved the network issues that had affected its customers.
The Africa Association of Professional Freight Forwarders and Logistics of Nigeria released a public statement on the network issues.
The bank apologised for the inconvenience and announced that regular services had been restored.
Proofreading by James, Ojo Adakole, journalist and copy editor at TimesNow.com.ng.
Source: TimesNow.com.ng
