• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, July 24, 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

PBAT expands military structure, approves more recruitment

Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*

Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

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

Reduction in security breaches by 65%, an unprecedented feat in 13 Years
News

PBAT expands military structure, approves more recruitment

July 24, 2026
Swiss Bank expects profit of $50bn
Economy/Technology

Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*

July 24, 2026
Nigeria, WFP worry over food situation
Economy/Technology

Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

July 24, 2026
Tinubu signs amended electoral Act
Economy/Technology

Nigeria gains more global recognition -PBAT

July 24, 2026
Infrastructure gulp N2,7tn in Nigeria
Economy/Technology

Tinubu turning Nigeria into massive construction site

July 6, 2026
Covid-19 causes GDP’s contraction
Economy/Technology

Slash in vehicle import levies will reduce financial burden on Nigerians-TMV

July 6, 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

Myanmar central bank revokes licenses of 13 forex companies

CBN pays $2bn outstanding Forex liabilities

January 18, 2024
Bandits kill 29 people in Nigeria’s Kaduna state

Bandits abduct children in Katsina, others in Zamfara

April 2, 2024
Coronavirus hits hard as China records 811 deaths

China’s external debt declines in 2022

April 1, 2023

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

  • PBAT expands military structure, approves more recruitment
  • Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*
  • Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

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