Nigerian’s Commercial Banks Announced Closure of Branches

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United Bank for Africa UBA

Every June 12 of the year is Democracy Day in Nigeria. This year’s has been declared to occur on Monday 12, June 2023. For this reason;

Nigerian banks have announced closure of branches across the nation due to Nigeria’s upcoming Democracy Day public holiday on Monday, June 12, 2023. Therefore, all bank users are advised to utilize alternative banking channels such as online, USSD and mobile banking services.

In a notice sent by Wema Bank to customers, the banks explained that the change in operation is due to the observance of Democracy Day public holiday. Besides, the federal government of Nigeria had previously declared June 12 as public holiday in commemoration of the 2023 Democracy Day celebration.

Wema Bank Notice on Democracy Day Public Holiday

According to the permanent secretary of federation, “Nigerians and friends of Nigeria are invited to appreciate the progress that has been made, celebrate the milestones covered and look forward to a better future for the country’s democracy”

In compliance, Wema Bank appreciate it customers for their continued support and encourages the use of alternative banking channels such as mobile banking app, internet banking, ATM and USSD banking to fulfill their financial needs during this period.

Public holiday ends on Monday evening by 11.59P.M. Regular banking operations will resume on Tuesday, June 13, 2023. In addition to democracy day public holiday, similar notifications were sent to customers of other banks in Nigeria licensed by CBN including Microfinance banks and Merchant banks and urging them to take advantages of Electronic Channels of Banking.


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