• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, May 9, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Banks close down over protests in Kogi

Banks

The Matters Press by The Matters Press
February 9, 2023
Reading Time: 2 mins read
0
Fraud in banking sector, mostly insider instigated

Some commercial banks in Kogi closed down on Wednesday when customers staged peaceful protests over their inability to access money for daily use.

RELATED POSTS

Tinubu’s economic reforms grow Nigeria’s export earnings by 38.68% – TMV

Tinubu engages global investors in Paris

Tinubu vindicated as opposition coalition collapsed under the weight of Atiku, Obi’s lust for power-Group

In Lokoja, customers in their droves picketed the banks to either change the daily narration of “no money” or close down.

Some of the banks affected include GTB, Unity, Zenith, Access and Unity Bank situated along IBB Way, which shut down for the day.

A customer, simply called Ibrahim, said that their protest stemmed from the allegations that the banks refused to give or dispense the new redesigned Naira notes to customers in flagrant disobedience to Central Bank of Nigeria (CBN’s) directive.

“We have been scavenging across these banks without success in getting any money that could help us and our families survive this hard times

“You can see how angry most of us are, and it’s just for a singular reason that we can’t access money that we can use to feed our families.

“Today, we have decided that no official of First bank, GTB, Unity, Zenith, Union and Access banks will be allowed to enter his/her offices to work.

“They will only be allowed in if they can assure us of money that could go round today,” the protester said.

Another protester, one Mrs Jummai, said “it serves them (banks) right today, coupled with the punishment they have been giving us over our own money that we kept with them”.
.
Reacting on condition of anonymity, a bank official with GT Bank, described the situation as “very unfortunate”.

She expressed worry over the wrong notion customers hold against commercial banks in respect to the non-availability of the new Naira notes.

“What our customers don’t know is that the money we get for our daily transactions is not always enough to go round them.

“As it’s now, we have no option than to stay away from office for today since the customers are tensed and have locked us out,” she lamented.

The situation is different at Polaris, UBA, Eco and Fidelity banks along the same IBB Way, which were opened to customers for business.

These few banks were said to, some extend, been trying in dispense cash to their customers compared to those picketed.

Tags: Banks
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Council seeks incentives to boost indigenous ship operations
Economy/Technology

Tinubu’s economic reforms grow Nigeria’s export earnings by 38.68% – TMV

May 7, 2026
Tinubu engages global investors in Paris
Economy/Technology

Tinubu engages global investors in Paris

May 6, 2026
TMSG to ADC: You are a motley crew of power mongers, palace jesters
Economy/Technology

Tinubu vindicated as opposition coalition collapsed under the weight of Atiku, Obi’s lust for power-Group

May 6, 2026
Tinubu explains mission as he marks second year in office
Economy/Technology

IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar

April 29, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR

April 29, 2026
Calabar Port receives 72 vessels in 5 months
Economy/Technology

Reduced tariff on imports will cushion effects of the Middle East crisis on cost of living – TMSG

April 18, 2026
Next Post
Economists Challenge IMF on call for further VAT increase in Nigeria

IMF approves $87 million budget support for Congo

Swiss Bank expects profit of $50bn

Dollar shortage hinders Kenyan firms’ expansion capacity

Recommended Stories

China’s agricultural wholesale products prices continue to drop

Makinde reiterates commitment to Agribusiness for economy development

November 6, 2022
“Naira-4-Dollar” getting results

Naira remains firm, exchanges N462 to dollar

March 1, 2023
South Africa in load shedding to manage dip in power

Africa needs $40bn annual grid investments for stable electricity

November 1, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s economic reforms grow Nigeria’s export earnings by 38.68% – TMV
  • Tinubu engages global investors in Paris
  • Tinubu vindicated as opposition coalition collapsed under the weight of Atiku, Obi’s lust for power-Group

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us