Branches of commercial banks and other financial institutions in Nigeria will be closed on Friday, June 6, and Monday, June 9, 2025.
This is in observance with the public holidays declared by the federal government in respect of the Eid-ul-Adha celebrations.
Eid-ul-Adha: bank workers given leave
Legit.ng reported that the Minister of Interior, Olubunmi Tunji-Ojo, made the declaration on behalf of the federal government on Monday, June 2, in a statement by the ministry’s Permanent Secretary, Magdalene Ajani.
Tunji-Ojo congratulated all Muslim Ummah both at home and in the diaspora on this occasion.
What is expected of Muslims during Eid-ul-Adha?
Speaking further, the minister urged the Muslim Ummah to continue to imbibe the spirit of sacrifice and faith as exemplified by Prophet Ibrahim (Peace be upon Him) and to also use the period to pray for a peaceful and prosperous Nigeria.
The statement concluded:
“The people-oriented reforms and initiatives carried out, in furtherance of the Renewed Hope Agenda of President Bola Tinubu’s Administration, is to restore Nigeria on the path of progress.
“While wishing the Muslim Ummah a happy Eid-ul- Adha celebration, the Minister urged all Nigerians to join hands with the present administration in its efforts to restore the glory of Nigeria as a great nation."
Bank customers should use e-banking
Bank customers are expected to use electronic banking services during the holiday period on Friday and Monday.
The major types of e-banking include online Internet banking, mobile banking, USSD, and Automated Teller Machines (ATMs).
ATM transaction fees are as follows: withdrawals from your own bank ATMs are free, while withdrawals from other bank ATMs incur a fee.
On-site ATMs (within a bank branch) charge N100 per N20,000 withdrawal, and off-site ATMs charge N100 plus a surcharge of up to N500 per N20,000 withdrawal.
SERAP sues CBN over ATM withdrawal charges
Earlier, Legit.ng reported that President Bola Tinubu was urged by the Socio-Economic Rights and Accountability Project (SERAP) to direct the CBN governor, Olayemi Cardoso, to stop the ATM transaction fee increase.
SERAP claimed that the CBN would be undermining the rule of law and the Nigerian legal system if it were to impose the rise in fees at automated tellers while the case was still pending in the Federal High Court in Lagos.
In addition, the civil society organisation asked the country's apex bank to halt the action and await the resolution of the litigation in an open letter dated March 1, 2025, written by its deputy director, Kolawole Oluwadare.