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Zenith Bank shuts some branches following attacks over new naira notes

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Zenith Bank has closed some of its branches in the Federal Capital Territory (FCT) and some states of the country due to alleged attacks on its staff and network.

The News Agency of Nigeria (NAN) who monitored some of the bank’s branches in the FCT and other states on Tuesday, reports that they were under lock.

At Zenith Bank Check-Point branch along Nyanya Mararaba road, both the gate and the ATM Gallery of the bank were locked and no customers were seen in the vicinity.

An official of the bank who preferred anonymity said that some of the bank’s branches were also closed due to a lack of the new naira notes.

The official said that many of their branches across the country were attacked by customers who were unable to withdraw the new notes from their accounts.

NAN reports that some video clips on social media showed how the staff of the bank escaped from the attacked branches by scaling fences to escape mob attacks from customers.

Meanwhile, some customers of the bank have taken to social media to lament their ordeal.

A customer identified as @Ellacious_berry said on Twitter, that Zenith Bank was fully contributing to the suffering of the masses.

“Three days now, I cannot assess the mobile app. If the mobile app mistakenly opens, it won’t transfer, their ATM card is not paying either. I am sure closing my account with @ZenithBank,” she said.

Another customer, identified as @ambi 255 on Twitter, said Zenith Bank Plc has failed woefully.

“I think I will be closing my account with them,” he said.

Another customer identified as @IamSixFeet Tall on Twitter said, “One of the managers in my office just closed his Zenith account this morning. My other two colleagues are planning to move all their money from Zenith account.”

Another customer known as Linda Chinemerem Paul on her Facebook page said, “Those of you banking with Fidelity Bank, please, how is your experience with them. I want to migrate and dump Zenith,” she said.

NAN reports that some branches of the bank in Enugu were working but the staff were not dressed in any of the bank’s outfit to avoid easy identification.

Meanwhile, the Chartered Institute of Bankers of Nigeria (CIBN) had called for calm and understanding among bank customers.

A statement by Akin Morakinyo, the Registrar/Chief Executive, CIBN, said the Central Bank of Nigeria (CBN) and operators (the banks) were working assiduously to bring the situation under control.

He called on bankers to carry on their duties with utmost professionalism and diligence.

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Nigeria’s GDP rate grew by 3.46% in Q3 2024, says NBS

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The National Bureau of Statistics (NBS) says Nigeria’s annual gross domestic product (GDP) grew by 3.46 percent in the third quarter (Q3) of 2024.

The NBS, in its GDP report published on Monday, said the growth rate is higher than the 3.19 percent recorded in Q2 2024.

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Dangote refinery reduces ex-depot price of petrol to N970 for oil marketers

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The Dangote Petroleum Refinery has announced a reduction in its ex-depot price of premium motor spirit (PMS), also known as petrol, to N970 per litre for oil marketers.

This is a cut from the refinery’s N990 ex-depot price announced earlier this month, according to a statement on Sunday.

The slash would help marketers save about N20 on each litre of petrol bought from the Lekki-based plant.

Anthony Chiejina, Dangote Group’s chief branding and communications officer, said the move is the refinery’s way of appreciating Nigerians “for their unwavering support in making the refinery a dream come true”.

“In addition, this is to thank the government for their support as this will complement the measures put in place to encourage domestic enterprise for our collective well-being,” the statement reads.

“While the refinery would not compromise on the quality of its petroleum products, we assure you of best quality products that are environmentally friendly and sustainable.

“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall in supply.”

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Allegation of missing fund untrue, says Access Bank

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Access Bank Limited has dismissed as untrue allegations of missing fund and unethical behaviour.

The Bank in a statement said: “Our attention has been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been made against Access Bank PLC.

“First and foremost, we wish to emphasise that the safety and security of our customers’ funds are core priorities which we take seriously. Second, Access Bank Plc does not engage in or condone any unethical behaviour.

“In the instant case, the allegations of missing funds in the Bank are most untrue and baseless.

“There is no N500million or any other fund or amount missing from the subject customer’s account or from any other customer’s account with us.

“We and other independent stakeholders in the banking industry have thoroughly investigated these allegations and independently arrived at the same conclusions.

“Access Bank PLC operates with the highest ethical standards, and we protect our customers’ interests whilst also respecting privacy laws.

“Consequently, whilst we have engaged and will continue to engage with our customers, we must advise the public not to rely on or believe sensational and unverified claims that are designed to titillate and mislead the public.

“We remain committed to serving our customers.”

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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