Banks Release Important Information About Shutdown of Services From February 23 To Saturday 25

The Association of Corporate Affairs Managers of Banks (ACAMB) announced on Wednesday that bank branches and digital channels will remain open throughout the country before, during, and after the elections.

ACAMB is an umbrella organisation for Corporate and Marketing Communications Professionals in Nigeria’s banking sector.

Its president, Rasheed Bolarinwa in Lagos debunked the rumour making the rounds in the social media that all banks would shutdown from Thursday 23 to Saturday 25 of February over the general elections.

According to ACAMB, banks have not received directives from the Central Bank of Nigeria (CBN) to shut down.

The statement reads, “The attention of the Association of Corporate Affairs Managers of Banks has been drawn to the trending social media message purporting that the Central Bank of Nigeria (CBN) was shutting down banking services for five days from Thursday, 23rd to Monday 27th February 2023 because of the general elections holding in Nigeria over next two weekends.

“ACAMB hereby wishes to debunk the fake news in its entirety and wishes to assure Nigerians and the banking public that there is no iota of truth in the viral message that is being circulated.

“Up until this moment, no Deposit Money Banks or other institutions providing financial services have received any directive or communication from the CBN to close the doors of their physical banking halls or shut their digital platforms and online banking channels against their customers because of elections.

“ACAMB further wishes to assure customers that their respective banks have put in place measures to ensure that depositors can as usual, access money in their accounts during this period.

“Also, customers who wish to carry out transfers or use electronic banking services will have unhindered access to these services before, during, and after the elections.”