Some banks and other financial institutions in Nigeria will be shut down on Thursday, August 1, 2024, due to the hunger protest which has started nationwide.

Though no bank has officially sent out a notice of closure to customers, some employees revealed that they have been asked not to report for work as the banks monitor how the protest will turn out.

The Central Bank of Nigeria (CBN), has also issued a notice of closure to banks due to the protests.

Since protests in history, have led to property destruction and vandalism of banks and financial institutions, it is imperative for the banks to play it safe.

Nigerians are protesting all over the country as economic hardships and inflation take their toll on the populace.

A Nigerian Pension Fund Administrator, Leadway Pensure, informed their customers that their offices would be closed nationwide due to the protest.

The company said: “Due to the planned nationwide protest starting August 1, 2024, please be informed that all our offices will be closed on Thursday, August 1, 2024, and Friday, August 2, 2024, at the first instance as we monitor the situation.”

The firm directed its customers to use its digital platforms for transactions.