See why as Access, UBA, Zenith other banks to close branches nationwide

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  • Nigerian Banks and different fiscal institutions' branches nationwide are expected to beryllium closed connected Friday this week
  • This is to comply with the nationalist vacation announced by the national authorities to people the Eid al-Adha celebration
  • Customers of the banks readying to transportation retired transactions connected the time of solemnisation are expected to marque usage of different physics banking channels

Legit.ng writer Dave Ibemere has implicit a decennary of business journalism acquisition with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.

Branches of Commercial banks and different fiscal institutions successful Nigeria volition beryllium closed connected Friday, June 6, and Monday, June 9, 2025.

This is successful observance of the Eid-ul-Adha solemnisation nationalist holidays, arsenic directed by the national government.

Nigerian banks announces nationalist   holidayNigerian slope workers to observe Friday's nationalist holiday Photo credit: Bloomberg/contributor
Source: Getty Images

Bank workers to enactment astatine home

Legit.ng reported that Minister of Interior, Olubunmi Tunji-Ojo, made the declaration connected behalf of the national authorities connected Monday, June 2, successful a connection by the ministry’s Permanent Secretary, Magdalene Ajani.

Tunji-Ojo congratulated each Muslim Ummah some astatine location and successful the diaspora connected this occasion.

He called connected the Muslim Ummah to proceed to imbibe the tone of sacrifice and religion arsenic exemplified by Prophet Ibrahim (Peace beryllium upon Him) and to besides usage the play to commune for a peaceful and prosperous Nigeria.

What is expected of Muslims during Eid-ul-Adha?

Speaking further, the curate urged the Muslim Ummah to proceed to imbibe the tone of sacrifice and religion arsenic exemplified by Prophet Ibrahim (Peace beryllium upon Him) and to besides usage the play to commune for a peaceful and prosperous Nigeria.

The connection concluded:

“The people-oriented reforms and initiatives carried out, successful furtherance of the Renewed Hope Agenda of President Bola Tinubu’s Administration, is to reconstruct Nigeria connected the way of progress”.“While wishing the Muslim Ummah a blessed Eid-ul- Adha celebration, the Minister urged each Nigerians to articulation hands with the contiguous medication successful its efforts to reconstruct the glory of Nigeria arsenic a large nation."
Banks advises Nigerians to usage  ATM, others during holiday.Nigerians to trust connected ATM for currency withdrawal and mobile apps, USSD for transfers during the Sallah holiday. Photo credit: Bloomberg/contributor
Source: Getty Images

Bank customers to usage e-banking

Bank customers are expected to usage electronic banking services connected Friday and Monday during the vacation period.

The large types of e-banking see online Internet banking, mobile banking, USSD, and Automated Teller Machines (ATMs).

ATM transaction fees are arsenic follows: withdrawals from your ain bank's ATM are free, portion withdrawals from different banks' ATMs volition incur a fee.

On-site ATMs (within a slope branch) complaint N100 per N20,000 withdrawal, and off-site ATMs complaint N100 positive a surcharge of up to N500 per N20,000 withdrawal.

SERAP sues CBN implicit caller ATM withdrawal charges

Earlier, Legit.ng reported earlier reported that President Bola Tinubu was urged by the Socio-Economic Rights and Accountability Project (SERAP) to nonstop the CBN governor, Olayemi Cardoso, to halt the summation successful fees for ATM transactions until the legality of the suit had been resolved.

SERAP claimed that the CBN would beryllium undermining the regularisation of instrumentality and the ineligible strategy if it were to enforce the emergence successful ATM fees portion the lawsuit was inactive pending successful the Federal High Court successful Lagos.

In addition, the civilian nine organisation asked the apex slope to halt the emergence and await the solution of the litigation successful an unfastened missive dated March 1, 2025, written by its lawman manager Kolawole Oluwadare.

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Source: Legit.ng

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