Nigerian Banks Close Over 23 Million Customers’ Accounts in One Month

Nigerian Banks Close Over 23 Million Customers’ Accounts in One Month …C0NTINUE READING HERE >>>

Henzodaily.ng journalist Victor Enengedi has over a decade‘s experience covering Energy, MSMEs, Technology and the stock market.

Commercial and merchant banks in Nigeria terminated 23.3 million customer accounts in July 2024.

The figure marks a 0.56% rise from the 23.17 million accounts closed in June 2024.

Nigerian Banks Close Over 23 Million Customers’ Accounts in One Month
Source: UGC

An analysis of data from the Nigerian Interbank Settlement System (NIBSS) reveals that, between January…

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