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Why banks’ IT systems will...

Why banks' IT systems will continue to...

Why banks’ IT systems will continue to crumble despite over N81.91bn in investment

Why banks' IT systems will continue to crumble despite over N81.91bn in investment The Information Technology (IT) infrastructure of banks will continue to crumble despite the over N81.91 billion investment because of an increase in e-banking transactions and operators' inability to expand their platforms to accommodate the spike that was predicted two years ago. Triggered by the Covid-19 experience, Nigeria, in 2021 ranked sixth in global e-banking transactions following an unprecedented 1.8 billion transactions, well ahead of 1.2 billion in the United States of America. The COVID-19 lockdown in 2020, which opened...

Why banks’ IT...

Why banks' IT systems will continue to crumble despite over N81.91bn in investment The Information Technology (IT) infrastructure of banks will continue to crumble despite...
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