A Nigerian man has taken to social media to voice his frustration after a significant portion of a money transfer he made to himself mysteriously vanished. The individual reported sending a sum of N100,000 to his personal Zenith Bank account, only to discover that his available balance showed just N63,000.
Shock and Confusion Over Missing N37,000
The incident, which occurred recently, was shared publicly by the X user @betsage24. According to his account, he completed the transfer expecting the full amount to reflect. Upon checking his account balance, he was met with shock and confusion as a staggering N37,000 appeared to be missing. The man immediately called out the bank online, demanding an explanation for the shortfall.
In a now-viral post, he expressed his anger, writing: "Yo @ZenithBank what kind of madness is this? I sent 100k to my zenith account and i saw 63k as balance what’s going on?" His public outcry quickly drew the attention of many Nigerians who have faced similar banking frustrations.
Online Reactions Point to Possible Tax Deduction
The post sparked a flurry of reactions, with numerous commenters suggesting the deduction could be related to tax. One user, Michael J, sarcastically remarked that it made him the "first person to be taxed in the history of Nigeria." Others shared their own negative experiences with unexpected bank charges.
User Last Game recounted a similar issue: "I left some money in Zenith bank sometime ago... only to open my account and it was reading -2000. Zenith bank removed all my money and is still claiming I am still owing 2k." Another user, Niggaaa, vowed to make news if such a large sum was deducted from their account, while Kvngy reported a similar incident with GTBank, where a N50,000 transfer resulted in a N48,000 balance.
The reactions highlight a growing sense of distrust and anxiety among bank customers regarding unexplained deductions from their accounts.
Broader Context of Financial Anxiety
This incident taps into a wider conversation about transparency in the Nigerian banking sector. It comes at a time when discussions about potential tax implementations on transactions are causing public concern. The man's experience has resonated with many who fear arbitrary deductions from their hard-earned money.
While the exact cause of the N37,000 discrepancy in this specific case remains unclear and unresolved as of the time of reporting, the viral outcry underscores the need for clear communication from financial institutions. Customers are increasingly demanding accountability for every debit and credit on their statements.
The story, originally reported by Legit.ng on January 1, 2026, continues to generate discussion online as Nigerians seek answers and share their own troubling banking stories.
