Nigeria Banks To Shutdown Nationwide

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A major crisis looms in the financial sector, as all banks in the country may shut their doors to customers anytime this week, as their chief executive officers (CEOs) move to protest the continued detention of their staff by the Department of State Security (DSS).

Daily Sun gathered that the CEOs are irked by the arrest and detention of several key officials of no fewer than 13 banks over the last two weeks by security operatives, saying that this has not only crippled their operations but also poses a great risk if normal banking operations continues.

Out of 160m About 100 Million Nigerians Live In Extreme Poverty – World Bank ( Do you agree?)

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About 100 million Nigerians live in destitution, the World Bank has said. The World Bank Country Director for Nigeria, Marie-Francoise Marie-Nelly, said this at the bank’s Country Programme Portfolio Review in Enugu on Tuesday.

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