Companies
Updated: February 07, 2023

Naira Scarcity: Zenith Bank Shuts Branches Over Fear Of Attacks

By Felicia Abisola Olamiji
February 07, 2023
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Zenith Bank has closed some of its branches in the Federal Capital Territory (FCT) and some states of the country due to alleged attacks on its staff and network.

According to the News Agency of Nigeria (NAN), some of the bank’s branches in the FCT and environs and other states on Tuesday reported that they were under lock.

At Zenith Bank Check-Point branch along Nyanya Mararaba road, both the gate and the ATM Gallery of the bank was locked and no customers seen at the vicinity.

According to an official of the bank who pleaded anonymity, some of the bank’s branches were also closed due to lack of the new naira notes.

The official said that many of their branches across the country were attacked by customers who were unable to withdraw the new notes from their accounts.