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TAJ Bank suffers fresh N957 million system glitch, discontinues reversal suit against 26 banks, fintechs  

TAJ Bank Ltd suffered another system glitch in March this year, leading to unauthorized transfers of a staggering N957.4 million to several accounts in 26 banks and fintech platforms.


This came nearly a year after the bank faced a similar system glitch that moved N139.6 million from its system.


However, in a surprising twist, the bank has withdrawn its case seeking the reversal of the unauthorized debits from the Federal High Court in Abuja.

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