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

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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