Nigerian Banks Shut 476 Branches in Three Years
Nigerian lenders closed a net 476 branches and cash centres between 2022 and 2025, shrinking their physical footprint by 8.8 per cent in three years. Data from the Central Bank of Nigeria’s 2025 Statistical Bulletin reveals that brick-and-mortar outlets dropped from 5,410 to 4,934 nationwide. The closures accelerated sharply over the past two years, with…
