CBN directive: Commercial banks open for business in Niger
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According to instructions from the Central Bank of Nigeria, commercial banks in Minna, the capital of Niger State, opened for business on Saturday (CBN).
Huge throngs of clients were observed at ATMs, according to our reporter who monitored various banks (ATM).
Also, consumers were seen waiting in line and going inside the banking halls to conduct business.
Union Bank, Access Bank, First City Monument Bank (FCMB), Ecobank, United Bank for Africa (UBA), Zenith Bank, First Bank, and Fidelity Bank are a few of the institutions that have begun operations.
Customers who talked with a source praised the CBN for its initiative to help ease the cash shortage that Nigerians are currently dealing with.
They requested the apex bank to monitor banks to make sure that the Saturday and Sunday activities are still being carried out in conformity.
Mrs. Blessing Ugwu, an Ecobank client, praised the CBN for its move to ameliorate the hardships faced by the nation’s citizens as a result of its new cash policy.
Mahmoud Bello, a different employee at Access Bank, asserted that commercial banks were just following the central bank’s order to operate on the weekend in order to avoid the planned protest by the Nigeria Labour Congress (NLC) to the CBN.
Remember how the CBN declared on Friday through the Acting Director of the Corporate Communications Department that commercial banks had received a sizeable sum of money.
Moreover, it mandated that all commercial banks be open on Saturdays and Sundays.
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