ETHIOPIA — A technical glitch let customers of an Ethiopian bank take out or transfer more money they had in their accounts. Local media reported that more than $40 million had been withdrawn. Long queues formed at ATMs as news spread in the early hours of Saturday morning that unlimited withdrawals could be made from the Commercial Bank of Ethiopia (CBE), the reports said... businessinsider.com
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Mon May 05 2025 13:16:40 GMT+0000 (Coordinated Universal Time)
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More than $40 million withdrawn by bank customers from ATMs in Ethiopia due to a technical glitch
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Published (Updated) on Tuesday, March 19, 2024
• Protesters in Niger have taken to streets to demand the departure of United States troops
• AfDB has approved a $75 million loan for Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited
• Twenty-three soldiers were killed in an ambush in western Niger during an offensive near the border with Burkina Faso and Mali
• International Money Transfer Operators have halted the payment of dollars to their Nigerian customers
• Nigerian Banks Reduce Forex Supply for Travel Allowance and School Fees — Several Nigerian Deposit Money Banks have recently cut the amount of dollars available...
• A bank customer has slumped and died after standing in a queue for long hours at a bank in Agbor, Delta State...
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