Nigerian banks and other financial institutions have decided to close their branches or alter their operating hours due to the escalating violence in ongoing hunger protests.
Ecobank is one such bank that has made the decision and has sent out notifications to customers about plans to close its branches nationwide earlier than usual.
In a notice sent to customers, the bank said it would be closing before 4pm and provided guidance on how to access banking services during this period.
Ecobanks’s message to customers read:
Punch newspaper also reports that due to the protests, many banks and other financial institutions have decided to close branches.
Checks by TimesNow.com.ng show that none of the banks outrightly announced a closure, except for Ecobank’s notice to customers regarding the change in operating hours.
TimesNow.com.ng earlier reported that bank customers affected by the Central Bank of Nigeria (CBN) guidelines on dormant accounts rushed to their respective banks on Tuesday, July 30, 2024, to reactivate their accounts.
Some customers said they had to activate their bank accounts to prevent the CBN from taking over their funds and savings.
Reports say courtrooms were also swarming with those who went to swear to affidavits needed to reactivate their dormant account.
Proofreading by James, Ojo Adakole, journalist and copy editor at TimesNow.com.ng.
Source: TimesNow.com.ng