A significant reduction in bank branches has occurred over a three-year period. Between 2022 and 2025, a net total of 476 branches and cash centres were closed. This represents an 8.8% reduction during that time frame.
The data on the closure of these branches was provided by the CBN.
Further information on this development is available from the source, which may provide additional context or details on the closures.
News
Nigerian dancer and entertainer, Poco Lee, has spoken for the first time since his release on bail in the United Kingdom, saying he remained mentally strong throughout the ordeal because he knew he was innocent of the allegation against him. Poco Lee made the disclosure during a ...
News
An editorial on the Dangote Refinery IPO, analysing its valuation, risks, and potential to create wealth for millions of Nigerian investors. Read More: https://punchng.com/the-dangote-refinery-ipo/...
safety
Lagos generates over 13,000 metric tonnes of waste daily, creating an environmental emergency. This is a call to redefine the crisis as an economic opportu Read More: https://punchng.com/redefining-lagos-waste-crisis/...
Local
An opinion on the Federal Government’s approved concession of King’s College, Lagos, to its Old Boys’ Association as a rescue mission, not privatisation. Read More: https://punchng.com/whos-afraid-of-kings-college-rescue-mission/...
News
An analysis of Nigeria’s renewed inflation, driven by rising energy prices, and a call for government intervention to moderate prices and ease living costs Read More: https://punchng.com/tackling-the-renewed-inflation/...
safety
Nigerian Army troops have arrested a suspected kidnapper, Olamide Oyeniyi, with an AK-47 rifle and ammunition along the Benin-Sapele Road in Edo State. Read More: https://punchng.com/troops-arrest-suspected-kidnapper-with-ak-47-in-edo/...
Local
A man identified as Opeyemi has drowned after allegedly jumping into a river in the Mile 12 area of Lagos State while being chased by suspected cultists. Read More: https://punchng.com/man-drowns-after-alleged-cultists-chase-into-lagos-river/...
government
INEC has released the final list of candidates for the 2027 general elections, heightening the battle for the 109 senatorial seats across Nigeria. Read More: https://punchng.com/2027-inec-final-list-sets-off-senate-race/...
safety
The Nigeria Police Force says it arrested 262 suspects for various crimes and rescued 27 kidnapped victims in operations across the country in one week. Read More: https://punchng.com/police-arrest-262-suspects-rescue-27-kidnapped-victims-2/...
safety
A driver allegedly stole his employer’s Toyota Camry in Lagos two days after being hired. Police in Ogun State have arrested an accomplice and recovered th Read More: https://punchng.com/driver-steals-employers-car-two-days-after-hiring-accomplice-arrested/...
News
Nigeria’s crude oil and condensate production rose to 1.68 million barrels per day in August, sustaining its OPEC quota for the fourth consecutive month. Read More: https://punchng.com/nigeria-hits-1-68mbpd-sustains-opec-quota-for-four-months/...
News
Port Harcourt will host the 2026 Nigeria Premier Basketball League Final 4 from September 20-22, where four teams will compete for the title. Read More: https://punchng.com/port-harcourt-to-host-npbl-final-4/...
