Business
Zenith Bank Restores Digital Banking Services After Upgrade
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.
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.
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.
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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