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"Important Update": Access, Zenith, GTB, Wema, Other Banks Announce Branches Closure Nationwide
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"Important Update": Access, Zenith, GTB, Wema, Other Banks Announce Branches Closure Nationwide

by  Dave Ibemere 2 min read
  • Nigerian banks, including Access Bank, First Bank, Zenith Bank, and Wema Bank, will close their branches across the country
  • This complies with the public holiday for Id-el-Kabir announced by the federal government of Nigeria
  • Bank customers will now need to make use of alternative banking channels, such as online and to carry out transactions

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Nigerian banks and other financial institutions have announced the closure of their branches for two days.

In a notice sent to customers and also shared via their social media handles, the banks explained that the closure is for the Eid-el-Kabir holidays from Wednesday, June 28, 2023, to Thursday, June 29, 2023.

Nigerian banks
Nigerian banks branches will be closed for two days Photo credit: File
Source: Getty Images

Legit.ng reported that the President Bola Tinubu-led federal government announced the two-day public holidays for the celebration

The statement reads in part:

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"The Federal Government has declared Wednesday, June 28, and Thursday, June 29, 2023, Public Holidays in commemoration of this year’s Eid-el-Kabir celebration and heartily felicitates with the Muslim Ummah at home and in the diaspora.”

Banks inform customers

In compliance, Wema Bank sent a message to customers ahead of the holiday, and the resumption date.

Wema Bank's message to customers read:

"Dear valued customer. This is to notify you that our branches will be closed for the Id-el-Kabir holidays on Wednesday, June 28, 2023 to Thursday, June 29, 2023, and will resume regular operations on Friday, June 30, 2023.
"We encourage you to take advantage of our alternative banking channels for your financial needs during this period."

Similar messages were sent to customers of other financial institutions, including GTbank who also announced changes in Friday's operation after the holiday.

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GTB message reads:

"Important Update. Our branches nationwide will be closed to customers earlier than usual on Friday, 30th of June, but no worries!
"Kindly note the early closure time below: Upcountry Branches - 2pm Lagos Branches - 3pm. We encourage you to take advantage of our secure, convenient and always-on alternative channels for any of your banking needs."

"It remains naira card": CBN lifts dollar deposit restriction on bank accounts

In another report, the CBN has removed the dollar cash deposit restrictions on domiciliary accounts that were put in place under the leadership of Godwin Emefiele.

The latest development will allow Nigerians unrestricted access to funds in their accounts.

The new policy changes are expected to enhance liquidity and stability in Nigeria's foreign exchange market.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.

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