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Zenith Bank Restores Digital Banking Services After Upgrade

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Zenith Bank has announced the successful restoration of access to its digital channels, allowing customers to perform transactions seamlessly through their preferred platforms.

This announcement came via a letter to valued customers on Thursday, October 10, 2024.

The bank expressed gratitude for the patience demonstrated by customers during the recent IT infrastructure upgrade.

This upgrade was essential for enhancing the bank’s service delivery capabilities, and Zenith Bank acknowledged the inconveniences customers faced during the downtime.

In their message, the bank reassured customers of its commitment to providing exceptional service.

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The newly deployed IT infrastructure is expected to improve transaction efficiency and overall user experience, ensuring that customers can enjoy more reliable and secure banking services.

Zenith Bank emphasized that the upgrades were made with the goal of better serving its clients in a rapidly evolving digital landscape.

The bank has urged its customers to return to using its digital services confidently, highlighting that the improved systems will support a smoother banking experience going forward.

This restoration of services is a significant step for Zenith Bank as it aims to maintain its position as a leading financial institution in Nigeria.

The bank’s commitment to leveraging technology to enhance customer service aligns with its ongoing efforts to innovate and adapt to changing market demands.

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Customers are encouraged to reach out to the bank’s customer service for any inquiries or assistance they may need as they resume using digital banking services.

Zenith Bank continues to prioritize customer satisfaction and aims to ensure that all clients can conduct their banking needs effortlessly and securely.


 

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Business

Bitcoin Falls Below $63,000 to Lowest Level Since October 2024

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Bitcoin has fallen below $63,000, reaching its lowest level since October 2024 amid weakening investor confidence and increased volatility in the cryptocurrency market.

According to CoinMarketCap data, Bitcoin dropped 13.9 per cent to $62,965 as of 10:20 p.m. on Thursday. The decline comes after months of downward movement, with the cryptocurrency now more than 45 per cent below its October peak.

Ethereum also recorded a sharp decline, falling 13 per cent to $1,863, while the global cryptocurrency market capitalisation dropped to $2.19 trillion.

Analysts reportedly linked the latest decline to a broader sell-off in US technology stocks, which has also affected other risk assets. Bitcoin had reached an all-time high of more than $125,000 on October 5 before falling sharply in the days that followed, highlighting the continued volatility in the crypto market.


 

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‘That Is the Only Way to Spread Prosperity’ — Dangote on Refinery Shares

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Businessman Aliko Dangote has explained why he believes Nigerians should participate in the ownership of his refinery by purchasing shares.

He was asked by singer Davido why Nigerians should participate, and Dangote explained that the initiative would help spread wealth and prosperity across Africa.

“Well, it’s very important because that is the only way to spread prosperity and wealth throughout Africa. And like I said, this is not going to be the first and the last. We will continue with even our fertilizer. By the time we finish listing, every single one will own part of our businesses and we will create a pool of cash…”

He explained that the goal is to create opportunities for more Nigerians to own a stake in the businesses and help spread wealth across the country.


 

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Aliko Dangote Speaks on His Children and Carrying on His Family Name

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Aliko Dangote speaks on his lineage and addresses not having a son as he was asked about not having a son to carry his name and achievements.

“That is not my priority because God controls everything. You can pray for God to give you a son, but he might be the one to take down the name of the family.”

Instead, he shared that he does not mind not having a son. “I don’t think a son would have done better than the three daughters I have.”

Aside from that, he was also asked about giving advice to young Nigerians. “Work hard, be consistent, focused and know what you want to do.”


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