Major Fibre Cut Disrupts Banking Services in Nigeria and South Africa

Major Fibre Cut Disrupts Banking Services in Nigeria and South Africa

Several African internet connectivity providers are grappling with outages following multiple submarine cable cuts, causing significant disruptions to banking services and internet access.

Read Also: Young Innovators of Nigeria (YIN) Launch Committee for Annual Technology Dialogue and 10-Year Anniversary

Seacom, a prominent South African internet connectivity provider, has alerted its customers about a service-affecting outage via the West African Cable System, a vital submarine network.

Meanwhile, MainOne, a key internet provider for numerous Nigerian banks and internet service providers, has experienced a major fibre cut in Ghana. This incident has led to the disruption of services for many major Nigerian banks, rendering banking apps and USSD services inaccessible to customers.

Reports indicate that numerous users have encountered difficulties accessing banking apps and experiencing sluggish internet speeds since Thursday morning. Sterling Bank, one of Nigeria’s leading banks, has notified customers of challenges with online banking activities.

Read Also: Internet Usage Surges in Nigeria: Lagos Tops the Chart, NBS Report Reveals

Lemfi, an African remittance startup, has also confirmed experiencing downtime due to the outage.

While a technical team is actively addressing the situation at MainOne, the company’s spokesperson declined to comment on the matter.

Seacom has disclosed that traffic is being rerouted via alternate paths to mitigate the impact, although services towards Europe from Maputo and South Africa remain vulnerable if these alternatives fail.

Beyond Nigeria, South African internet users are also grappling with slow speeds and unresponsive internet connections. Vodacom has confirmed that multiple subsea cable failures between South Africa and Europe are affecting various network providers.

The outage extends beyond these incidents, with several other submarine cables such as AAE1 and EIG experiencing outages across the African continent.

This is a developing story, and updates will be provided as more information becomes available.

Read Also: TechPlan Africa Empowers Thousands with Digital Skills and Funding Access

Below is how we can help you promote your event, organization and products/services . This is the best you can get from this global platform of over decades experience.
PACKAGE:

First Leg: Full page Promotional package showcasing your Invitation Card, Banner/Flex, 3 different Photographs and brief of the coming event. Also your picture/Name will be the headline News in digivation blog(Pre-Event)

Second Leg: Full Page Promotional package of the event showcasing 5 different photographs plus short audio/visual clip of the event. Also org. picture/Name will be the headline news our blog(Post-Event).

Rate: N150,000 Only For Both Pre and Post Events. (Rate is only Applicable during the Promotional Period)

For further inquiries, contact the undersigned:

Hilary Damissah (Editor)

Mojisola Alabi ( business Development)

Email: digivationtv@gmail.com

Chief Imo Ukwa(Advert Consultant) 08063779938

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

President Tinubu Urges Prioritization of Digital Infrastructure Investments to Promote Business Efficiency and Productivity

Thu Mar 14 , 2024
President Bola Tinubu has instructed the Federal Ministry of Communications, Innovation, and Digital Economy; the Federal Inland Revenue Service (FIRS), and the Federal Ministry of Environment to align regulations and tax frameworks to facilitate investment expansion in telecommunications and broadband infrastructure nationwide. A statement by Chief Ajuri Ngelale, Special Adviser […]
Tinubu

You May Like

Latest Stories

Categories

This will close in 20 seconds