Nigerian Banks Close Branches for Christmas, Encourage Digital Banking

Nigerian banks, including Stanbic IBTC and FirstBank, are shutting down physical branches for Christmas and New Year holidays, urging customers to utilize digital banking options. Other financial institutions like Cowry Asset Management and Coron Registrar are also following suit.

The move aims to ensure uninterrupted access to banking services through digital platforms during the festive season. Leadway Pensure has announced similar closures, emphasizing the use of electronic channels for customer service.