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    FirstBank Denies Shutting Down Transactions Platforms

    Julius AlagbeBy Julius AlagbeOctober 25, 2024Updated:October 25, 2024No Comments2 Mins Read
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    FirstBank Denies Shutting Down Transactions Platforms
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    FirstBank Denies Shutting Down Transactions Platforms

    First Bank of Nigeria Ltd. has clarified that its scheduled transition to a new cloud-based procurement and financial platform will not affect banking operations. This is contained in a statement issued by Folake Ani-Mumuney, Group Head Marketing and Corporate Communications, FirstBank.

    ”There is no plan for systems upgrade for customers applications which are fully operational.

    ”The bank is not experiencing service disruptions and its banking systems, customer transactions and other channels, will not be affected by the planned enhanced supplier platform.

    “We wish to address a misleading report circulating in the media regarding a system upgrade at FirstBank.

    “The message which was incorrectly interpreted and reported was sent to, and intended for our vendors only and focused on transitioning from our current I-Supplier Platform (our automated platform that connects us to suppliers) to a new Cloud-based Supplier Platform (worldclass platform for managing suppliers), to enable additional capabilities and benefits for our vendors.

    “Please be informed that no system upgrade is currently underway, and all our customer applications are fully operational.

    “We are not experiencing disruption to our services, and our banking systems, customer transactions, channels, etc, will not be affected by the enhanced supplier platform,” she said. The bank assured its customers of its commitment to seamless service delivery. #FirstBank Denies Shutting Down Transactions Platforms Naira Drops Market Wide, Exchange Rates Gap Now N102

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    Julius Alagbe
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    Julius Alagbe has about 2 decades of experience in finance, accounting and economics. A fantastic financial analyst with experience in the media, research and consulting industry.With an education background from top global institutes like Imo State University, the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Administration/Nigerian College of Administration, and Julius has focused on anything that trends, figures, and projections can explain.Apart from his reportage skills, Julius has cut his teeth in Due Diligence, Advisory Service, Research, and Training.

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