Access, GTBank, UBA, Zenith, Others to Shut Branches Nationwide for 24 Hours, Advise Customers

Access, GTBank, UBA, Zenith, Others to Shut Branches Nationwide for 24 Hours, Advise Customers

  • Nigerian banks are expected to close their branches across the country on Monday, October 2, 2023
  • This is to comply with the public holiday for Nigeria's independence celebration announced by the federal government
  • Bank customers are therefore advised to use all other electronic banking channels to carry out transaction

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Branches of all commercial banks, including other financial institutions, will remain closed across the country on Monday, October 2, 2023.

This complies with the Federal Government's declaration of a public holiday to commemorate Nigeria's 63rd Independence Day anniversary, Punch reports.

Access, UBA, Zenith to close branches
Banks to close branches on Monday, October 2, 2023 Photo credit: Audu Marte
Source: Getty Images in an earlier report, revealed that the Minister of Interior, Olubunmi Tunji-Ojo, announced the holiday on Thursday, September 28 2023.

The statement reads:

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“It is today a known fact that difficult socio-economic and security challenges are global, and Nigeria is not isolated.
“The Government is daily making efforts to confront these varied and numerous challenges with all the might available until respite comes our way.
“Our warm welcoming spirit and love as well as our unbounded human capital and the richness of our land makes Nigeria unarguably the leading black Nation in the World being Africa’s pride and beacon of hope for the Renewed Hope of President Bola Ahmed Tinubu, GCFR."

While wishing the citizens a memorable independence celebration, the Minister noted that Nigeria's founders, despite the differences in faith, tribe and tongue, came together for the country's freedom.

The Minister also assured that the Tinubu administration will ensure a better Nigeria for all citizens as a tribute to our hero's past.

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Customers to use E-banking

Banks advise customers expected to make transactions on Monday to use electronic banking services.

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

Nigerian banks send messages to customers on tax clearance for FX transactions earlier reported that Nigerian banks now require customers to present a valid Tax Clearance Certificate for purchasing dollars and other foreign currencies.

The regulation covers a wide range of transactions, including Personal Travel Allowance and Business Travel Allowance.

Banks have started informing customers who want foreign currencies at the official rate compared to the easy buy more expensive black market rate.


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