Nigerian Banks Announce Nationwide Branch Closure for Eid-el-Fitr Holidays
Commercial banks in Nigeria have officially notified their customers of a two-day closure of all branches across the country. The shutdown is scheduled for Thursday, March 19, and Friday, March 20, 2026, in strict adherence to the federal government's declaration of these dates as public holidays to commemorate Eid-el-Fitr, marking the end of the Muslim holy month of Ramadan.
Government Declaration and Bank Compliance
The Minister of Interior, Olubunmi Tunji-Ojo, made the announcement of the public holidays, emphasizing the significance of Eid-el-Fitr for Muslims nationwide. In response, multiple banks, including Wema Bank, Premium Trust Bank, and Stanbic IBTC Bank, have sent out public messages to customers, extending felicitations for the joyous celebrations and confirming the temporary halt in physical branch operations.
These financial institutions have clearly stated that regular banking services at branches will resume on Monday, March 23, 2026. The closure affects all bank locations uniformly, ensuring compliance with the government's directive.
Alternative Banking Channels Recommended
During the two-day holiday period, banks are strongly advising customers to utilize alternative digital and electronic channels to conduct their transactions seamlessly. Recommended options include:
- Automated Teller Machines (ATMs) for cash withdrawals and deposits.
- Mobile banking applications for account management and transfers.
- Internet banking platforms accessible via web browsers.
- USSD codes for quick transactions without internet access.
Banks have also issued warnings to customers to engage only with verified official social media accounts and platforms to avoid falling victim to fraudsters and scams during this time.
Statements from Leading Banks
On its official X page, Wema Bank communicated: "Wishing you a joyful Eid-el-Fitr! Please be informed that our branches will be closed from March 19–20, 2026, in observance of Eid-el-Fitr. Regular operations resume on March 23, 2026. Kindly use our digital channels for seamless banking."
Premium Trust Bank stated: "In line with the Federal Government-approved holiday to celebrate Eid-ul-Fitr, please be informed that our branches will be closed on Thursday, March 19th, 2026, and Friday, March 20th, 2026. Banking operations at our branches will resume on Monday, March 23rd, 2026. During this period, all our alternative channels will be available to meet your banking needs."
Stanbic IBTC Bank added: "Our branches will be closed in celebration of the Eid el-Fitr, but your banking does not have to pause; our digital channels are always open to serve you. Have a joyous celebration."
Federal Government's Message and Broader Context
In a statement issued by the Permanent Secretary in the Ministry of Interior, Magdalene Ajani, Minister Tunji-Ojo urged Muslims and all Nigerians to uphold the virtues associated with Ramadan, such as love, generosity, peace, tolerance, and sacrifice. He encouraged citizens to use the Eid-el-Fitr period to pray for the country's peace, unity, and sustained development, while also advising responsible celebrations and kindness towards vulnerable members of society.
This branch closure occurs amidst other significant developments in Nigeria's banking sector. Recently, the Central Bank of Nigeria (CBN) disclosed that 30 banks have met the new minimum capital requirements ahead of the March 31, 2026, deadline, with remaining institutions undergoing regulatory verification. The CBN set these requirements in April 2024 to strengthen the financial system.
As banks temporarily shift focus to digital services, customers are reminded of the importance of cybersecurity and utilizing official channels to ensure safe and efficient banking during the holidays.
