Business
Angry Customers Protest at Zenith Bank Over Access Issues
In a dramatic turn of events, frustrated customers of Zenith Bank gathered in front of the bank’s gate today to protest ongoing issues with accessing their funds.
Many customers have reported being unable to withdraw or transfer money for several days, leading to rising anger and dissatisfaction.
The protest saw a large turnout as customers voiced their grievances, demanding immediate action from the bank to resolve the issues.
They called for transparency and better communication from the bank regarding the situation.
As the protest continued, security personnel were present to maintain order.
Bank officials have yet to comment on the situation or provide a timeline for when normal services will resume.
Customers are urging Zenith Bank to prioritize restoring access to their accounts.
MTN has moved closer to acquiring IHS Holding, following shareholder approval of the proposed takeover, marking another major milestone in the transaction.
The approval was secured during the Extraordinary General Meeting (EGM) held on 4 August, allowing the deal to progress to the next stage.
If completed, the acquisition is expected to strengthen MTN’s infrastructure capabilities by giving the company greater control over its telecommunications tower assets. Industry analysts believe the move could improve network efficiency, reduce long-term operating costs, and support MTN’s continued expansion across its markets.
The transaction is still subject to regulatory approvals and other closing conditions before it can be officially completed.
Nigeria’s three biggest cement manufacturers—Dangote Cement, BUA Cement, and HBM Nigeria—generated a combined ₦3.2 trillion in revenue during the first half of 2026.
The strong performance was driven by higher cement prices, increased demand from housing and infrastructure projects, and higher sales volumes across the country.
Compared to the same period in 2025, the companies recorded 26.5% revenue growth, showing that Nigeria’s construction sector continues to expand despite economic challenges. The companies also reported stronger profits and are investing further to increase production capacity to meet future demands.
Nigerian fintech company OPay has introduced new security features to improve the safety of its application.
The company unveiled the Emergency Lock and Safety PIN features to give customers better control over their funds and provide added protection against fraud and unauthorized transactions.
The Emergency Lock feature allows customers to instantly freeze their OPay account with a single tap whenever they sense a threat or believe their account may be at risk.
The newly launched Safety PIN introduces an additional layer of security, helping customers protect themselves in situations where they may be forced to make a transfer or payment against their will.
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