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Home News Business

Banks close as demonstrations over the lack of new notes rattle Kogi

Times by Times
February 8, 2023
in Business
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Banks close as demonstrations over the lack of new notes rattle Kogi

On Wednesday, some commercial banks in Kogi remained closed after customers staged nonviolent demonstrations over their inability to obtain cash for daily needs.


Affected banks along IBB Way include GTB, Unity, Zenith, Access, and Unity Bank, all closed for the day.


Numerous consumers in Lokoja protested banks, urging them to stop reporting “no money” every day or modify it.
Customers informed media that the demonstration was in response to claims that banks had blatantly disobeyed the Central Bank of Nigeria’s (CBN) order by refusing to give or dispense the redesigned naira notes to customers.


An anonymous staff of the bank voiced worry about the false perception that consumers had regarding commercial banks in relation to the non-availability of the new naira notes.


As things stand, we have no choice but to skip work today because the agitated clients have locked us out, she bemoaned.


At the banks along the same IBB Way, Polaris, UBA, Eco, and Fidelity, which were open for business, the scenario is different.
In contrast to those boycotted, it was learned that the few banks attempted to give consumers access to cash to some level.

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