The shutting down of banking activities in Niger State came few days after Niger State Internal Revenue Service went round to shut down some commercial banks for alleged tax evasion.https://www.ripplesnigeria.com/banks-atm-services-shutdown-in-niger-state-as-cbn-supports-commercial-banks-protest/

Due to allegations of tax evasion on the part of some commercial banks, all commercial banks have suspended banking operations.

During a meeting with the bankers’ committee in Niger state, the CBN expressed its support for commercial banks.

The Banker’s Committee immediately questioned Zenith’s Minna Branch, which was hesitant to join the strike on Friday.

“All banks shut down at 9 a.m. in accordance with the shutdown directive, with the exception of Zenith Bank, which claimed it was unable to obtain approval to shut down.” This prompted a meeting with the Branch Controller in the CBN conference room, where it was agreed that a letter of displeasure signed by all bank representatives and the CBN be sent to Zenith Bank,” the apex bank said.

As things stand, all banks in Minna are currently closed, with the directive that ATMs follow suit.

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