Zenith, Other Banks Announce New Closing Time, Branches Closure

Zenith, Other Banks Announce New Closing Time, Branches Closure

  • Nigerian banks, including Access, Zenith and other financial institutions, will alter their working hours across the country
  • While some will close completely, others will be working for some hours in obedience to the public holiday announced by the federal government
  • Bank customers have been advised to use electronic channels, including ATMs, USSD, and others, to carry out their transactions

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

Nigerian commercial banks and other financial institutions branches nationwide will be closed on Tuesday, October 1, 2024.

This is in observance of this year’s (2024) Independence Day celebration, as announced by the federal government.

Nigerian banks to close branches
Nigerian banks to close on Tuesday for Independence Day Photo credit: Patrick Meinhardt
Source: Getty Images

FG announces public holiday

Legit.ng reported that President Bola Ahmed Tinubu-led federal government declared Tuesday, October 1, a public holiday to commemorate the Nation’s 64th Independence Anniversary.

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The Minister of Interior, Dr. Olubunmi Tunji-Ojo, made the declaration on behalf of the federal government.

Magdalene Ajan, permanent secretary in the Ministry of Interior, disclosed this in a statement on Saturday, September 28.

Tunji-Ojo congratulated Nigerians at home and abroad on Nigeria's 64th Independence anniversary.

He urged the people to remain steadfast in nation-building and wished Nigerians a Happy Independence Day Anniversary.

“Aligning himself with the theme for the Anniversary, the Minister reiterated the need for Nigerians to reflect on the labour of our heroes past and be inspired for the tasks ahead, realizing that a Nigeria of our dream can only be built when we unite.
“While wishing Nigerians a Happy Independence Day Anniversary, Dr. Tunji-Ojo urged the citizens to continue to be steadfast in nation-building.”

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Bank informs customers of changes

Nigerian banks have sent out email and social media messages to announce the operation change.

One of the banks Wema, told its customers:

"This is to notify you that our branches will be closed for the independence day holiday on Tuesday, October 1, 2024, and will resume regular operations on Wednesday, October 2, 2024.
We encourage you to take advantage of our alternative banking channels for your financial needs during this period."

However, Zenith Bank will be open on Tuesday but only till 2 pm.

Zenith Bank message to customers reads:

"Dear Valued Customer, Please be informed that our branches nationwide will be open to customers during the following hours: Friday, September 27, 2024: 8:00 AM - 3:00 PM. Monday, September 30, 2024: 8:00 AM - 2:00 PM
"These early closures are due to routine maintenance of our Information Technology infrastructure.

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"We encourage you to register on our secure and robust digital channels to conveniently perform transactions 24/7. Thank you for banking with us."

Other banks will communicate the operational changes directly to their customers.

Nigerian bank apologises to customers

Earlier, Legit.ng reported that Unity Bank had resolved the network issues that had affected its customers.

The Africa Association of Professional Freight Forwarders and Logistics of Nigeria released a public statement on the network issues.

The bank has apologised for the inconvenience and announced that regular services have been restored.

To further address the challenge, the bank has decided to open during weekends to alleviate customers' difficulties and provide additional support.

Proofread by Kola Muhammed, journalist and copyeditor at Legit.ng

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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.