Zenith Bank closes locations due to threats and new note shortages

   According to the News Agency of Nigeria (NAN), Zenith Bank closed some of its branches on Tuesday in the Federal Capital Territory (FCT) and other states across the nation because of alleged attacks on its employees.

The bank's branches were reportedly under lock and key on Tuesday, according to NAN, which tracked developments throughout the FCT and its surroundings.

The entrance gates to the banking rooms and the ATM Gallery at the Zenith Bank Check-Point branch on Nyanya Mararaba Road were closed to visitors.

Some of the bank's branches were also closed, according to a bank official who wished to remain anonymous, because of a weak network and a shortage of the new naira notes.

The representative claimed that clients who were unable to remove the new notes from their accounts attacked many of their branches throughout the state.

According to NAN, some social media video footage depicted bank employees scaling fences to escape mob assaults from clients.

Zenith Bank is fully contributing to the suffering of the masses😭😭

3 days now I can't assess the mobile app, If the mobile app mistakenly open it won't transfer, their ATM card is not paying either!

I am sure closing my account with @ZenithBank pic.twitter.com/4Q0JX0mM19

— Berry Peter Obi Daughter (@Ellacious_berry) February 7, 2023

According to NAN, some of the bank's branches in Enugu were open, but the employees were not wearing any of the bank's uniforms to prevent being easily recognized by furious clients.

The Chartered Institute of Bankers of Nigeria (CIBN) has meanwhile urged restraint and tolerance among bank clients.

The Central Bank of Nigeria (CBN) and operators (the banks), according to a statement by Akin Morakinyo, the Registrar/Chief Executive, CIBN, were putting in a lot of effort to get things under control.

He urged bankers to fulfill their responsibilities with the utmost professionalism and care.