Thursday, May 28th 2020 2:18 AM

Market Digest Nigeria


Fidelity Bank plans 14-day closure in Lagos, Ogun, FCT

Fidelity Bank on Sunday night announced a plan to close all its branches in Lagos, Ogun and the Federal Capital Territory for 14 days with effect from Tuesday.

The lending institution however assured that its online banking channels would remain active during the period. This decision followed the announcement by the President, Major General Muhammadu Buhari (retd.), to commence a total restriction of movement in Lagos, Ogun and Abuja. During a nationwide broadcast on Sunday, Buhari said the restriction would last for an initial period of 14 days with effect from 11pm on Monday (today).

He, however, said the order would not affect persons delivering healthcare, manufacturing institutions as well as petroleum distribution firms, private security firms, print, and electronic media employees. Fidelity Bank, in an email to its customers on Sunday night stated, “Please be informed that all our branches in FCT, Lagos and Ogun states will operate extended hours on Monday, March 30, 2020, from 8am to 6pm.

“Our branches in these three states will be closed from Tuesday, March 31, 2020, to Monday, April 13, 2020, in observation of the 14 days lockdown directive issued by the Federal Government to curb the spread of coronavirus. “As always, our digital channels are available 24/7. Please make use of them for your transactions.”

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