See why Access, GTBank, UBA, Zenith, others will shut branches for 24 hours

This is in observance of this year’s (2024) democracy day celebration.

TimesNow.com.ng had previously reported that the federal government declared Wednesday, June 12, as a public holiday to commemorate this year’s democracy day celebration.

Minister of Interior Dr Olubunmi Tunji-Ojo, who made the declaration on behalf of the Federal Government, congratulated Nigerians on the occasion.

The minister in a statement signed by Dr Aishetu Gogo Ndayako the Permanent Secretary of the ministry and released on Tuesday, June 11, said;

Nigerian banks, including Access Bank and United Bank of Africa, have sent out messages via email and social media platforms to announce the closure of branches nationwide.

They advised customers expected to make transactions to use electronic banking services.

The major types of E-banking are online Internet banking, mobile banking, USSD, and Automated Teller Machines (ATM).

Stanbic IBTC, in its message to customers, reads:

Also, Wema Bank wrote:

Earlier, TimesNow.com.ng reported that PoS operators hiked charges to over 100% following persistent cash scarcity.

Check showed that the PoS operators, which served as a last resort for cash-strapped Nigerians, increased their fees to N400 for every N10,000 withdrawal instead of the N200 they previously charged.

The situation is worse in some states, especially in Lagos, where most ATMs are dry, or customers form long queues to withdraw.

Proofreading by James Ojo Adakole, journalist and copy editor at TimesNow.com.ng.

Source: TimesNow.com.ng

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