Banks shut 476 branches in three years – CBN

The Punch | 14-09-2026 01:10am |

Data from the Central Bank of Nigeria reveals that banks closed a net total of 476 branches and cash centres between 2022 and 2025. This represents an 8.8% reduction in the number of physical locations over the three-year period. The closures reflect ongoing changes in the banking sector's operations.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.