A time will come when a single individual will be richer than a whole nation. Its never too late to turn to God.
All these strong head world leaders are doing will only make them go on their knees and accept defeat.

The epistle began with annunciated

Kiyosaki saw it coming and Fred Riggs knew what the consequences would be like for prismatic societies. Las las na conspiracy of the elites

GamalNasser:
Hmmm just yesterday I was saying to a friend that I suspect they will close a diamond bank in my estate and I was right , looks they are closing diamond bank branches in areas where they already had Access branches , Methinks Herbert Wigwe is just using COVID crunch as an excuse to ditch Diamond bank staff he inherited in the acquisition

Correct to some extent - branch listed as oke ilewo abeokuta is a diamond access branch - however there is a diamond access branch in car wash abeokuta not listed..

sarrki:
Nigerian financial power house, Access Bank, annunciated the closure of more than 300 of its branches nationwide in a bid cut down running costs as a result of the outbreak of the deadly virus, COVID-19.

This move comes in the wake of a statement made by the group managing director/CEO of Access Bank, Herbert Wigwe who explained the reasons behind a planned mass retrenchment of its workforce, stating that some of its branches will be closed up until December of this year.

Herald NG earlier reported that Wigwe made this disclosure via video conferencing in a town hall meeting with the bank’s staff that later leaked on social media platforms.

Wigwe noted that those to be affected by the mass retrenchment are mostly outsourced staff and workers offering nonessential services. This group makes for about 75% of the Organisation’s staff strength in its branches nationwide.


“We probably don’t need as much security as required; even to the fact that we are not gonna have all our branches open between now and December. We don’t need all the tellers.” Wigwe said in the video.

“The second has to do with our professional cost. Now that is one that is very tricky and it is tricky because I do understand and appreciate that its gonna, you know, bring its own pain to staff.

“We basically have to make the adjustments the same way you sounded when we spoke 10 days ago with respect to basically cutting down cost.

“I will be the first to take the hit and I’m gonna take the largest pay cut, which would be as much as 40 percent. The rest we would have to cascade right through the institution. Everybody may have to make some adjustments of some sort.”

Industry observers have the notion that Wigwe’s retrenchment strategy and closure of its branches affects the most vulnerable of his employees. They also believe the move will be counter-productive for many families; especially the poor if the financial records of the bank truly show it has the capacity to cushion the effect of the pandemic.

LIST OF BRANCHES TO BE SHUT DOWN

ACCESS BANK RET SHOP – OSISIOMA (001)

UMUAHIA BRANCH
15 AZIKWE ROAD
FAULKS ROAD BRANCH ABA
UMUDIKE BRANCH
ACCESS BANK, UMUAHIA, IKOT – EKPENE ROAD)
ABA, ASA ROAD
RET SHOP – UMUAHIA (039)
GIBBS STREET BRANCH
ACCESS BANK, IKOT EKPENE BRANCH
ABAK, IKOT – EKPENE ROAD
32 AKA ROAD BRANCH
UYO, BANK LAYOUT
ONITSHA BRANCH
NNEWI BRANCH
UP IWEKA and OGIDI BRANCHES
ONITSHA, SOKOTO ROAD.
ONITSHA, OGBARU ENAMEL WARE MARKET
NNEWI, OLD NKWO MARKET ROAD
ACCESS BANK, OBOSI, CITY BISCUIT ROAD
OKIJA, OLD OKIJA IHIALA OGUTA RD
BRIDGE HEAD BRANCH
AWKA, AZIKIWE STREET AND ACESS BANK, UNIZIK BRANCHES
RET SHOP-NIGER DELTA UNI. MINI(082)
GBOKO BRANCH
ZAKI IBIAM BRANCH
MAKURDI, NEW BRIDGE ROAD
RET SHOP – N/BANK MAKURDI (034)
GBOKO BRANCH
MAIDUGURI, BURGA ROAD
RET SHOP – UNIV. OF MAIDUGURI (020)
RET SHOP – SHEHU LAMINU WAY (020)
IKOM, OKIMI OSABOR STREET
CALABAR, NDIDEM USANG ISO ROAD
CALABAR, MAYNE AVENUE
ASABA, 163 NNEBISI ROAD
DECO ROAD BRANCH
UGHELLI, MARKET ROAD
RET SHOP – WARRI (005)
AGBOR BRANCH
ASABA, NNEBISI ROAD
OKPANAM ROAD BRANCH
WARRI OKUMAGBA AVENUE
ABAKALIKI, OGOJA ROAD
RET SHOP – EBONYI STATE UNIV (035)
EKENWA-BENIN BRANCH
USELU BRANCH
23 AIRPORT ROAD BRANCH
BENIN, SAPELE ROAD
BENIN, UGBOWO ROAD
BENIN, 123 BENIN-AGBOR ROAD
TEXTILE MILL ROAD BRANCH
OKADA BRANCH
IHAMA BRANCH
BENIN, MISSION ROAD
BENIN BRANCH
UNIBEN BRANCH
IJERO EKITI CASH CENTRE
AJILOSUN, ADO EKITI BRANCH
EKITI STATE UNIVERSITY BRANCH
ENUGU STATE UNIVERSITY BRANCH
AGBANI ROAD BRANCH
ENUGU,GARDEN AVENUE
ENUGU, OKPARA AVENUE
ENUGU, 9TH MILE
ENUGU, NIKE LAKE ROAD
UNN NSUKKA BRANCH
UNIVERSITY OF NIGERIA ENUGU BRANCH
OKPARA AVENUE BRANCH
WUSE 2 BRANCH
FEDERAL SECRETARIAT ABUJA BRANCH
UTAKO BRANCH
ABUJA NNPC TOWERS BRANCH
DURUMI BRANCH
DEI DEI ABUJA, BUILDING MATERIALS MARKET
NYANYA ABUJA, OPP. NYANYA SHOPPING COMPLEX
GWAGWALADA ABUJA, PARK LANE
WUSE 2 ABUJA, AMINU KANO CRESCENT
GWARINPA
ABUJA,LADOKE AKINTOLA BOLVD
LIFE CAMP ABUJA, JABI-KARMO ROAD
ADETOKUNBO ADEMOLA, ABUJA BRANCH
NATIONAL ASSEMBLY BRANCH
GARKI BRANCH
BANK OF INDUSTRY (BOI),ABUJA
GARKI AREA 11 BRANCH
NASDA BRANCH
DEI DEI BRANCH
FED MIN OF JUSTICE BRANCH
FEDERAL MORTGAGE BANK BRANCH
GARKI ABUJA, CENTRAL BUSINESS AREA
HERBERT MACAULAY, ABUJA BRANCH
RET SHOP -FED. SECRETARIAT ABJ(061)
ZONE 5 ABUJA, MICHAEL OKPARA STREET
RET SHOP- SAVANNAH SUITES, ABJ(013)
RET SHOP -AREA 1 COMPLEX ABUJA(077)
GOMBE, BIU RD.
BANK ROAD OWERRI BRANCH
NEKEDE BRANCH
OWERRI, ORLU ROAD
MBAISE, AHIARA JUNCTION MBAISE
RET SHOP – FUTO (017)
OWERRI, DOUGLAS ROAD
OKIGWE, WESLEY QUARTERS OKIGWE RD
RET SHOP – NAZE MARKET (090)
RET SHOP – IMO STATE SECTARIAT(090)
HADEJIA BRANCH
KADUNA BRANCH
A2 AHMADU BELLO WAY BRANCH
UNGWAN RIMI BRANCH
NNPC REFINERY KADUNA BRANCH
GUMI MAIN MARKET
JAJI, COMMAND AND STAFF COLLEGE
ALI AKILU ROAD BRANCH
ZARIA BRANCH
KACHIA ROAD KADUNA
KADUNA, ISA KAITA ROAD
RET SHOP – ZARIA (127)
ANCHAU BRANCH
KANO BRANCH
BELLO ROAD BRANCH KANO
KATIN KWARI BRANCH
BAYERO UNIVERSITY BRANCH
RET SHOP – DAWANUA, KANO (058)
BICHI BRANCH
AMINU KANO TEACHING HOSPITAL BRANCH
KANO, FRANCE ROAD, SABON GARI
RET SHOP – BAYERO UNI. KANO (007)
KATSINA, NAGODO ROAD
KATSINA BRANCH
KAFUR BRANCH
DANJA BRANCH
BIRNIN KEBBI, SANI ABACHA ROAD
OBAJANA CASH CENTRE
LOKOJA, MURTALA MUHAMMED WAY
FOLAWIYO STREET BRANCH
ILORIN, IBRAHIM TAIWO ROAD
KWARA STATE POLYTECHNIC
IBEJU LEKKI
VICTORIA ISLAND BRANCH
IDEJO BRANCH
IKOTA BRANCH
LEKKI CHEVRON BRANCH
AJOSE ADEOGUN BRANCH
IKOYI, AWOLOWO ROAD
AJAH, LEKKI – EPE EXPRESSWAY
AJAH, ADDO ROAD
LEKKI PHASE I, ADMIRALTY WAY
RET SHOP – IKOTA, VGC LAGOS (095)
LAGOS ISLAND, KING GEORGE V BRANCH
BROAD STREET 2 BRANCH
BBA LAGOS, ATIKU ABUBAKAR PLAZA
TRADE FAIR COMPLEX, ASPAMDA, HALL 2
ALABA, DENSINE PLAZA OLOJO DRIVE
ALABA INTERNATIONAL, DOBBILL PLAZA AVENUE
MAZA MAZA BRANCH
ALABA INTERNATIONAL, OLD GARAGE
OLD OJO BRANCH
LIGALI AYORINDE
ADEYEMO ALAKIJA BRANCH
ADEOLA ODEKU BRANCH
ADEOLA HOPEWELL BRANCH
AWOLOWO ROAD 2 BRANCH
SAKA TINUBU BRANCH
RET SHOP – PALMS MALL, LAGOS (026)
BURMA ROAD APAPA BRANCH
BROAD STREET BRANCH
CREEK ROAD APAPA BRANCH
TINCAN ISLAND BRANCH
APONGBON BRANCH
IBAFON BRANCH
POINT ROAD BRANCH
MARINA BOI BRANCH
48 MARINA BRANCH
LAGOS ISLAND, MARINA
LAGOS ISLAND, BALOGUN STREET
APAPA, LIVERPOOL ROAD
APAPA, BURMA ROAD
TRADE FAIR BRANCH
ASPAMDA BRANCH
FESTAC 2 BRANCH
AGUDOSI BRANCH
MAZA MAZA, OLD OJO ROAD
RET SHOP – SATELLITE TOWN (028)
OLD ALABA MOTOR PARK
OJUELEGBA BRANCH
GBAGADA, GBAGADA EXPRESSWAY
IDI-ARABA BRANCH
LAWANSON/ITIRE RD BRANCH
RET SHOP – ALUMINUM VILLAGE (011)
RET SHOP – IYANA IPAJA (110)
TOYIN STREET BRANCH
IKEJA, 60 OPEBI ROAD
MARYLAND,MOBOLAJI BANK ANTHONY WAY
RET SHOP – ISHERI, BERGER)
IDDO BRANCH
KOSOKO STREET BRCH
NNAMDI AZIKWE STREET IDUMOTA BRANCH
OYINGBO BRANCH
LAGOS ISLAND, OKE ARIN
YABA, HERBERT MACAULAY ROAD BRANCH
SURULERE, ENITAN STREET AGUDA
RET SHOP – JANKARA , LAGOS ISD(002)
RET SHOP – OGUNLANA DRIVE (051)
RET SHOP – BARIGA AKOKA (087)
LASU CAMPUS BRANCH
AMUWO ODOFIN BRANCH
SEME BORDER, BADAGRY EXPRESS WAY
FESTAC TOWN, SECOND AVENUE
COKER, LAGOS/BADAGRY EXPRESSWAY
TRADE FAIR COMPLEX, ASPAMDA OFFICE BLOCK 2
BBA LAGOS, BANK PLAZA
PALM AVENUE BRANCH
ILUPEJU BRANCH
MATORI BRANCH
IKORODU 2 BRANCH
TEJUOSHO BRANCH
ILUPEJU 2 BRANCH
GBAGADA BRANCH
OJOTA BRANCH
ODOGUNYAN BRANCH
OSHODI BRANCH
MATORI, LADIPO STREET
OJUELEGBA, SHIFAWU STREET
OSHODI, OSHODI-APAPA EXPRESSWAY
RET SHOP – TEJUOSHO MKT, LAG (050)
RET SHOP – KETU (088)
RET SHOP – DALEKO (099)
RET SHOP – OJUWOYE MARKET (099)
OSOLO WAY BRANCH
NAHCO BRANCH
EGBEDA BRANCH
EJIGBO BRANCH
IJU BRANCH
DOPEMU BRANCH
IYANA IPAJA, LAGOS ABEOKUTA EXPRESS WAY
ISOLO, MUSHIN ROAD
IDIMU, IDIMU ROAD IKOTUN
OKOTA, 56 AGO PALACE WAY
AKOWONJO, SHASHA ROAD
MAFOLUKU, INTL AIRPORT ROAD
RET SHOP – OKOTA, ISOLO LAGOS (004)
ADENIYI JONES IKEJA BRANCH
OJODU BERGER BRANCH
OPEBI BRANCH
IKEJA, AWOLOWO WAY
OREGUN BRANCH
IKEJA, LADIPO OLUWOLE STREET
OGBA, IJAIYE ROAD
ALAUSA BRANCH
OREGUN, ZIATECH ROAD OREGUN
IKEJA GRA, JOEL OGUNNAIKE STREET
MAGODO, CMD ROAD IKOSI
RET SHOP – IFAKO AGEGE (080)
RET SHOP – IFAKO GBAGADA (087)
IDUMOTA BRANCH
OGUNLANA DRIVE BRANCH
67 ST FINBARRS RD-BARIGA
IJESHATEDO BRANCH
UNIVERSITY OF LAGOS BRANCH
SABO YABA BRANCH
ADENIJI ADELE BRANCH
EBUTE METTA BRANCH
EBUTE METTA, MARKET STREET OYINGBO
APONGBON, ISSA WILLIAMS/OFFIN RD
RET SHOP – IDDO, EBUTE METTA)
ARTICLE MARKET BRANCH
RET SHOP-NASS. STATE UNI.KEFFI(073)
LAFIA, DOMA ROAD
KEFFI, ABUBAKAR BURGA STREET
MINNA, PAIKO ROAD
SULEJA DEPOT CASH CENTRE
MINNA 2 BRANCH
SULEJA, IBB MARKET
OOU BRANCH
ABEOKUTA, UACN COMPLEX IBARA
SAGAMU, AKARIGBO STREET
IJEBU ODE, 35 IBADAN ROAD
COVENANT BRANCH
RCCG CAMP BRANCH
OKE ILEWO BRANCH
ILARO BRANCH
OTTA, OTTA INDUSTRIAL LAYOUT
OWODE YEWA MARKET BRANCH
IDI IROKO BORDER BRANCH
OTTA, IDIROKO ROAD
RET SHOP – BABCOCK UNIVERSITY (137)
AKURE BRANCH
ADEKUNLE AJASIN UNIVERSITY CAMPUS BRANCH
AKURE, OYEMEKUN STREET
ONDO, YABA ROAD
ADEYEMI COLLEGE OF EDUCATION
IREE BRANCH
ILESHA, ITA BALOGUN STREET
ILE IFE BRANCH
IPETU IJESHA BRANCH
OAU ILE IFE BRANCH
REDEEMER UNIVERSITY EDE BRANCH
SAKI BRANCH
APOMU BRANCH
LAUTECH BRANCH
BODIJA BRANCH 2
IWO ROAD 2 BRANCH
UCH IBADAN BRANCH
IBADAN, OKE – ADO
IBADAN, AGODI UCH SECOND GATE
OYO BRANCH
OJOO BRANCH
OGBOMOSO BRANCH
OGBOMOSHO, ILORIN ROAD
BODIJA BRANCH 1
NEW COURT ROAD BRANCH
EKOTEDO BRANCH IBADAN
JOS BRANCH
JOS, COMMERCIAL AREA
JOS, CLUB ROAD
RET SHOP – KATAKO (015)
BUKURU BRANCH
RET SHOP – UNIVERSITY OF JOS (055)
IKOKWU BRANCH
RET SHOP – OLD ABA ROAD, PH (086)
BONNY CASH CENTRE
ELEME BRANCH
EASTERN BULKCEMENT BRANCH
PH, TRANS AMADI
PH, FOT ONNE
OBIGBO PH, LOCATION ROAD
RET SHOP – ODUA ROAD, PHC (003)
BORI BRANCH
UNIPORT BRANCH
RSUST BRANCH
PH, 50 IKWERRE ROAD
PLOT105 OLU OBASANJO PH BRANCH
GARRISON BRANCH
GADA MARKET BRANCH
USMAN DANFODIO UNIVERSITY BRANCH
SOKOTO, MAIDUGURI ROAD
GUSAU, CANTEEN ROAD

https://www.google.com/amp/s/www.herald.ng/access-bank-shuts-down-346-branches-nationwide-to-cut-down-cost-due-to-coronavirus/amp/

This is practically all their branches. We're is all the profit they said they made

its like 70 percent of their branch has been closed in lagos...see as i just dey read lagos name dey go..

More banks, industries and government to follow


Save, save, save!!!!

Imagine!!!!!!! these a bad news for me that I was planning to come and complain about a failed airtime top up of 2k and I was debited without crediting my 9mobile account.
I called the customer care she explained to me and said I'll get my money on Friday since on Wednesday oo

GamalNasser:
Hmmm just yesterday I was saying to a friend that I suspect they will close a diamond bank in my estate and I was right , looks they are closing diamond bank branches in areas where they already had Access branches , Methinks Herbert Wigwe is just using COVID crunch as an excuse to ditch Diamond bank staff he inherited in the acquisition

Another angle.

They did not tell us how many branches remain.

These branches are just too many to be owned by one bank. Disadvantage on merging. They acquire branches unnecessarily. Difficult to maintain.

They should just sell those buildings.

Anyway, they have caused tension for themselves as customers will panic and close their account(s) with them.

seunmsg:
Nigerian banks are too fragile. They can hardly survive any downturn in the economy without massively laying off staff.

Some of these banks also bite more than they can chew. What Access bank is going through now reminds me of my little stint with BankPHB.

BankPHB acquired spring bank late 2008 in a very hostile manner. Billions of depositors funds was committed into the acquition. By March 2009, the bank was already distressed and laying off staff. The hostile nature of the takeover also made it impossible for the quick integration of the operations of the banks. There was also the effect of the global meltdown and crash of the stock exchange market that year.

By the Sanusi came in as CBN Governor around June, the bank was already a mess. He did not bother to romance the problem, he simply killed the bank and other banks that were then struggling to survive the global meltdown and crash of the stock exchange market by late 2009.

Hopefully, Access bank won’t go the way of BankPHB.

Sorry I meant, "Na Sanusi crash stock exchange that year??"
Your syntax made it seem like you were saying he crashed the stock market.

I be wan say make you enlighten me

Sofistcatdmoron:
Let me go qnd transfer all my money from access bank to GTB

Boss drop a token for me too

seunmsg:
Nigerian banks are too fragile. They can hardly survive any downturn in the economy without massively laying off staff.

Some of these banks also bite more than they can chew. What Access bank is going through now reminds me of my little stint with BankPHB.

BankPHB acquired spring bank late 2008 in a very hostile manner. Billions of depositors funds was committed into the acquition. By March 2009, the bank was already distressed and laying off staff. The hostile nature of the takeover also made it impossible for the quick integration of the operations of the banks. There was also the effect of the global meltdown and crash of the stock exchange market that year.

By the Sanusi came in as CBN Governor around June, the bank was already a mess. He did not bother to romance the problem, he simply killed the bank and other banks that were then struggling to survive the global meltdown and crash of the stock exchange market by late 2009.

Hopefully, Access bank won’t go the way of BankPHB.

Lie lie lie .

My facts:
I was with Bank PHB also, then.
I was with it's subsidiary; platinum capital, the stock broking arm of BankPHB.
It was at platinum capital spring bank transaction was done. We moved the shares after the big purchase at platinum capital.
It was the old aggrieved share holders of spring bank that killed the transaction. Stubborn rich old men. They pressed big buttons to stop the sale.
Sanusi championed the death of the transaction as a result of his beef with Atuche (MD/CEO BankPHB).
Atuche, BankPHB was moving in a jet speed clearing things in it's way as a result of the bank's innovation. This sent a big surprise all over the banking industry and beef started - "who is this small boy?" the big dogs started asking.

Let me stop here.


Table Tennis becomes the most popular game played in Lagos amid covid-19
https://naijanofilter./2020/05/02/�table-tennis-becomes-the-most-popular-game-played-in-lagos-amid-covid-19-lockdown

Topmaike007:
me I don port already I have fcmb time to open firstbank or Uba with my Fcmb... Imagine I went to do business and I was unable to get alert meanwhile the person already transferred my money.. Na fight I come carry go because I think say him dupe me...

I just dislike that bank

Mc Tagwaye the comedian who is Buhari's doppelganger had a running battle with Access bank on social media because of this nonsense.

I would move my money to other banks. Let Access bank keep demarketing and destroying itself.

pathetic! yet, this useless bank donated a whooping 1 billion naira to an irresponsible govt instead of it's loyal customers .

chukwuibuipob:
it is FINISHED.....lobatan . I bin wan call sumbody a thief before cos I Nor see the money he claimed he transferred to my Ecobank since Tuesday.i don waka go check my balance here and there thinking nah my phone network not gree beep for alert

that bank is getting more useless as day goes by... Same thing happened to me with my client to the point that I shekpe with there customer care on twitter

This is serious.

Seenyo:
pathetic! yet, this useless bank donated a whooping 1 billion naira to an irresponsible govt instead of it's loyal customers .

that's the most painful thing self

[quote author=Kayharry post=89118076]Banking system in Nigeria need to be change
Too much branch that is not necessary
There should be away to transact without going to bank .

Banking hall should always be empty
Cashless policy will do the trick [/quote
What will now happen to unemployed people

This will backfired later

Helper please locate me with 2k� may you never go broke

MrMcJay:


Mc Tagwaye the comedian who is Buhari's doppelganger had a running battle with Access bank on social media because of this nonsense.

I would move my money to other banks. Let Access bank keep demarketing and destroying itself.

I can't cope with them again

Bank executives are one of the most useless, ruthless and wicked set of beings.
Go and check the earnings of the managers and executives.
They earn millions every year but just to accommodate staff that earn less than 1 million a year they wont.
U always hear about bank retrenchment every year. Nonsense job.

They can sell off the assets vested in those branches and make some additional income to support existing ones and expand their operations with leanness and efficiency in mind.

The global economy has shrinked and Nigeria is already tinkering on the threshold of another recession.

It makes no sense for any bank to continue with a bogus payroll with too much overhead as a result of too many branches.

I wish them all the best.

new2012:
This is fake news.. The branches were shutdown because of the lockdown.

Other branches were working.. You need CBN approval to shut down even 1 branch.


People just carry baseless rumours since their MD village meeting with his staff om reduction of staff expense leaked.

These branches are shut down from now to December, can you interpret the action? I believe you watched the video?

smells like false news.

sarrki:
Nigerian financial power house, Access Bank, annunciated the closure of more than 300 of its branches nationwide in a bid cut down running costs as a result of the outbreak of the deadly virus, COVID-19.

This move comes in the wake of a statement made by the group managing director/CEO of Access Bank, Herbert Wigwe who explained the reasons behind a planned mass retrenchment of its workforce, stating that some of its branches will be closed up until December of this year.

Herald NG earlier reported that Wigwe made this disclosure via video conferencing in a town hall meeting with the bank’s staff that later leaked on social media platforms.

Wigwe noted that those to be affected by the mass retrenchment are mostly outsourced staff and workers offering nonessential services. This group makes for about 75% of the Organisation’s staff strength in its branches nationwide.


“We probably don’t need as much security as required; even to the fact that we are not gonna have all our branches open between now and December. We don’t need all the tellers.” Wigwe said in the video.

“The second has to do with our professional cost. Now that is one that is very tricky and it is tricky because I do understand and appreciate that its gonna, you know, bring its own pain to staff.

“We basically have to make the adjustments the same way you sounded when we spoke 10 days ago with respect to basically cutting down cost.

“I will be the first to take the hit and I’m gonna take the largest pay cut, which would be as much as 40 percent. The rest we would have to cascade right through the institution. Everybody may have to make some adjustments of some sort.”

Industry observers have the notion that Wigwe’s retrenchment strategy and closure of its branches affects the most vulnerable of his employees. They also believe the move will be counter-productive for many families; especially the poor if the financial records of the bank truly show it has the capacity to cushion the effect of the pandemic.

LIST OF BRANCHES TO BE SHUT DOWN

ACCESS BANK RET SHOP – OSISIOMA (001)

UMUAHIA BRANCH
15 AZIKWE ROAD
FAULKS ROAD BRANCH ABA
UMUDIKE BRANCH
ACCESS BANK, UMUAHIA, IKOT – EKPENE ROAD)
ABA, ASA ROAD
RET SHOP – UMUAHIA (039)
GIBBS STREET BRANCH
ACCESS BANK, IKOT EKPENE BRANCH
ABAK, IKOT – EKPENE ROAD
32 AKA ROAD BRANCH
UYO, BANK LAYOUT
ONITSHA BRANCH
NNEWI BRANCH
UP IWEKA and OGIDI BRANCHES
ONITSHA, SOKOTO ROAD.
ONITSHA, OGBARU ENAMEL WARE MARKET
NNEWI, OLD NKWO MARKET ROAD
ACCESS BANK, OBOSI, CITY BISCUIT ROAD
OKIJA, OLD OKIJA IHIALA OGUTA RD
BRIDGE HEAD BRANCH
AWKA, AZIKIWE STREET AND ACESS BANK, UNIZIK BRANCHES
RET SHOP-NIGER DELTA UNI. MINI(082)
GBOKO BRANCH
ZAKI IBIAM BRANCH
MAKURDI, NEW BRIDGE ROAD
RET SHOP – N/BANK MAKURDI (034)
GBOKO BRANCH
MAIDUGURI, BURGA ROAD
RET SHOP – UNIV. OF MAIDUGURI (020)
RET SHOP – SHEHU LAMINU WAY (020)
IKOM, OKIMI OSABOR STREET
CALABAR, NDIDEM USANG ISO ROAD
CALABAR, MAYNE AVENUE
ASABA, 163 NNEBISI ROAD
DECO ROAD BRANCH
UGHELLI, MARKET ROAD
RET SHOP – WARRI (005)
AGBOR BRANCH
ASABA, NNEBISI ROAD
OKPANAM ROAD BRANCH
WARRI OKUMAGBA AVENUE
ABAKALIKI, OGOJA ROAD
RET SHOP – EBONYI STATE UNIV (035)
EKENWA-BENIN BRANCH
USELU BRANCH
23 AIRPORT ROAD BRANCH
BENIN, SAPELE ROAD
BENIN, UGBOWO ROAD
BENIN, 123 BENIN-AGBOR ROAD
TEXTILE MILL ROAD BRANCH
OKADA BRANCH
IHAMA BRANCH
BENIN, MISSION ROAD
BENIN BRANCH
UNIBEN BRANCH
IJERO EKITI CASH CENTRE
AJILOSUN, ADO EKITI BRANCH
EKITI STATE UNIVERSITY BRANCH
ENUGU STATE UNIVERSITY BRANCH
AGBANI ROAD BRANCH
ENUGU,GARDEN AVENUE
ENUGU, OKPARA AVENUE
ENUGU, 9TH MILE
ENUGU, NIKE LAKE ROAD
UNN NSUKKA BRANCH
UNIVERSITY OF NIGERIA ENUGU BRANCH
OKPARA AVENUE BRANCH
WUSE 2 BRANCH
FEDERAL SECRETARIAT ABUJA BRANCH
UTAKO BRANCH
ABUJA NNPC TOWERS BRANCH
DURUMI BRANCH
DEI DEI ABUJA, BUILDING MATERIALS MARKET
NYANYA ABUJA, OPP. NYANYA SHOPPING COMPLEX
GWAGWALADA ABUJA, PARK LANE
WUSE 2 ABUJA, AMINU KANO CRESCENT
GWARINPA
ABUJA,LADOKE AKINTOLA BOLVD
LIFE CAMP ABUJA, JABI-KARMO ROAD
ADETOKUNBO ADEMOLA, ABUJA BRANCH
NATIONAL ASSEMBLY BRANCH
GARKI BRANCH
BANK OF INDUSTRY (BOI),ABUJA
GARKI AREA 11 BRANCH
NASDA BRANCH
DEI DEI BRANCH
FED MIN OF JUSTICE BRANCH
FEDERAL MORTGAGE BANK BRANCH
GARKI ABUJA, CENTRAL BUSINESS AREA
HERBERT MACAULAY, ABUJA BRANCH
RET SHOP -FED. SECRETARIAT ABJ(061)
ZONE 5 ABUJA, MICHAEL OKPARA STREET
RET SHOP- SAVANNAH SUITES, ABJ(013)
RET SHOP -AREA 1 COMPLEX ABUJA(077)
GOMBE, BIU RD.
BANK ROAD OWERRI BRANCH
NEKEDE BRANCH
OWERRI, ORLU ROAD
MBAISE, AHIARA JUNCTION MBAISE
RET SHOP – FUTO (017)
OWERRI, DOUGLAS ROAD
OKIGWE, WESLEY QUARTERS OKIGWE RD
RET SHOP – NAZE MARKET (090)
RET SHOP – IMO STATE SECTARIAT(090)
HADEJIA BRANCH
KADUNA BRANCH
A2 AHMADU BELLO WAY BRANCH
UNGWAN RIMI BRANCH
NNPC REFINERY KADUNA BRANCH
GUMI MAIN MARKET
JAJI, COMMAND AND STAFF COLLEGE
ALI AKILU ROAD BRANCH
ZARIA BRANCH
KACHIA ROAD KADUNA
KADUNA, ISA KAITA ROAD
RET SHOP – ZARIA (127)
ANCHAU BRANCH
KANO BRANCH
BELLO ROAD BRANCH KANO
KATIN KWARI BRANCH
BAYERO UNIVERSITY BRANCH
RET SHOP – DAWANUA, KANO (058)
BICHI BRANCH
AMINU KANO TEACHING HOSPITAL BRANCH
KANO, FRANCE ROAD, SABON GARI
RET SHOP – BAYERO UNI. KANO (007)
KATSINA, NAGODO ROAD
KATSINA BRANCH
KAFUR BRANCH
DANJA BRANCH
BIRNIN KEBBI, SANI ABACHA ROAD
OBAJANA CASH CENTRE
LOKOJA, MURTALA MUHAMMED WAY
FOLAWIYO STREET BRANCH
ILORIN, IBRAHIM TAIWO ROAD
KWARA STATE POLYTECHNIC
IBEJU LEKKI
VICTORIA ISLAND BRANCH
IDEJO BRANCH
IKOTA BRANCH
LEKKI CHEVRON BRANCH
AJOSE ADEOGUN BRANCH
IKOYI, AWOLOWO ROAD
AJAH, LEKKI – EPE EXPRESSWAY
AJAH, ADDO ROAD
LEKKI PHASE I, ADMIRALTY WAY
RET SHOP – IKOTA, VGC LAGOS (095)
LAGOS ISLAND, KING GEORGE V BRANCH
BROAD STREET 2 BRANCH
BBA LAGOS, ATIKU ABUBAKAR PLAZA
TRADE FAIR COMPLEX, ASPAMDA, HALL 2
ALABA, DENSINE PLAZA OLOJO DRIVE
ALABA INTERNATIONAL, DOBBILL PLAZA AVENUE
MAZA MAZA BRANCH
ALABA INTERNATIONAL, OLD GARAGE
OLD OJO BRANCH
LIGALI AYORINDE
ADEYEMO ALAKIJA BRANCH
ADEOLA ODEKU BRANCH
ADEOLA HOPEWELL BRANCH
AWOLOWO ROAD 2 BRANCH
SAKA TINUBU BRANCH
RET SHOP – PALMS MALL, LAGOS (026)
BURMA ROAD APAPA BRANCH
BROAD STREET BRANCH
CREEK ROAD APAPA BRANCH
TINCAN ISLAND BRANCH
APONGBON BRANCH
IBAFON BRANCH
POINT ROAD BRANCH
MARINA BOI BRANCH
48 MARINA BRANCH
LAGOS ISLAND, MARINA
LAGOS ISLAND, BALOGUN STREET
APAPA, LIVERPOOL ROAD
APAPA, BURMA ROAD
TRADE FAIR BRANCH
ASPAMDA BRANCH
FESTAC 2 BRANCH
AGUDOSI BRANCH
MAZA MAZA, OLD OJO ROAD
RET SHOP – SATELLITE TOWN (028)
OLD ALABA MOTOR PARK
OJUELEGBA BRANCH
GBAGADA, GBAGADA EXPRESSWAY
IDI-ARABA BRANCH
LAWANSON/ITIRE RD BRANCH
RET SHOP – ALUMINUM VILLAGE (011)
RET SHOP – IYANA IPAJA (110)
TOYIN STREET BRANCH
IKEJA, 60 OPEBI ROAD
MARYLAND,MOBOLAJI BANK ANTHONY WAY
RET SHOP – ISHERI, BERGER)
IDDO BRANCH
KOSOKO STREET BRCH
NNAMDI AZIKWE STREET IDUMOTA BRANCH
OYINGBO BRANCH
LAGOS ISLAND, OKE ARIN
YABA, HERBERT MACAULAY ROAD BRANCH
SURULERE, ENITAN STREET AGUDA
RET SHOP – JANKARA , LAGOS ISD(002)
RET SHOP – OGUNLANA DRIVE (051)
RET SHOP – BARIGA AKOKA (087)
LASU CAMPUS BRANCH
AMUWO ODOFIN BRANCH
SEME BORDER, BADAGRY EXPRESS WAY
FESTAC TOWN, SECOND AVENUE
COKER, LAGOS/BADAGRY EXPRESSWAY
TRADE FAIR COMPLEX, ASPAMDA OFFICE BLOCK 2
BBA LAGOS, BANK PLAZA
PALM AVENUE BRANCH
ILUPEJU BRANCH
MATORI BRANCH
IKORODU 2 BRANCH
TEJUOSHO BRANCH
ILUPEJU 2 BRANCH
GBAGADA BRANCH
OJOTA BRANCH
ODOGUNYAN BRANCH
OSHODI BRANCH
MATORI, LADIPO STREET
OJUELEGBA, SHIFAWU STREET
OSHODI, OSHODI-APAPA EXPRESSWAY
RET SHOP – TEJUOSHO MKT, LAG (050)
RET SHOP – KETU (088)
RET SHOP – DALEKO (099)
RET SHOP – OJUWOYE MARKET (099)
OSOLO WAY BRANCH
NAHCO BRANCH
EGBEDA BRANCH
EJIGBO BRANCH
IJU BRANCH
DOPEMU BRANCH
IYANA IPAJA, LAGOS ABEOKUTA EXPRESS WAY
ISOLO, MUSHIN ROAD
IDIMU, IDIMU ROAD IKOTUN
OKOTA, 56 AGO PALACE WAY
AKOWONJO, SHASHA ROAD
MAFOLUKU, INTL AIRPORT ROAD
RET SHOP – OKOTA, ISOLO LAGOS (004)
ADENIYI JONES IKEJA BRANCH
OJODU BERGER BRANCH
OPEBI BRANCH
IKEJA, AWOLOWO WAY
OREGUN BRANCH
IKEJA, LADIPO OLUWOLE STREET
OGBA, IJAIYE ROAD
ALAUSA BRANCH
OREGUN, ZIATECH ROAD OREGUN
IKEJA GRA, JOEL OGUNNAIKE STREET
MAGODO, CMD ROAD IKOSI
RET SHOP – IFAKO AGEGE (080)
RET SHOP – IFAKO GBAGADA (087)
IDUMOTA BRANCH
OGUNLANA DRIVE BRANCH
67 ST FINBARRS RD-BARIGA
IJESHATEDO BRANCH
UNIVERSITY OF LAGOS BRANCH
SABO YABA BRANCH
ADENIJI ADELE BRANCH
EBUTE METTA BRANCH
EBUTE METTA, MARKET STREET OYINGBO
APONGBON, ISSA WILLIAMS/OFFIN RD
RET SHOP – IDDO, EBUTE METTA)
ARTICLE MARKET BRANCH
RET SHOP-NASS. STATE UNI.KEFFI(073)
LAFIA, DOMA ROAD
KEFFI, ABUBAKAR BURGA STREET
MINNA, PAIKO ROAD
SULEJA DEPOT CASH CENTRE
MINNA 2 BRANCH
SULEJA, IBB MARKET
OOU BRANCH
ABEOKUTA, UACN COMPLEX IBARA
SAGAMU, AKARIGBO STREET
IJEBU ODE, 35 IBADAN ROAD
COVENANT BRANCH
RCCG CAMP BRANCH
OKE ILEWO BRANCH
ILARO BRANCH
OTTA, OTTA INDUSTRIAL LAYOUT
OWODE YEWA MARKET BRANCH
IDI IROKO BORDER BRANCH
OTTA, IDIROKO ROAD
RET SHOP – BABCOCK UNIVERSITY (137)
AKURE BRANCH
ADEKUNLE AJASIN UNIVERSITY CAMPUS BRANCH
AKURE, OYEMEKUN STREET
ONDO, YABA ROAD
ADEYEMI COLLEGE OF EDUCATION
IREE BRANCH
ILESHA, ITA BALOGUN STREET
ILE IFE BRANCH
IPETU IJESHA BRANCH
OAU ILE IFE BRANCH
REDEEMER UNIVERSITY EDE BRANCH
SAKI BRANCH
APOMU BRANCH
LAUTECH BRANCH
BODIJA BRANCH 2
IWO ROAD 2 BRANCH
UCH IBADAN BRANCH
IBADAN, OKE – ADO
IBADAN, AGODI UCH SECOND GATE
OYO BRANCH
OJOO BRANCH
OGBOMOSO BRANCH
OGBOMOSHO, ILORIN ROAD
BODIJA BRANCH 1
NEW COURT ROAD BRANCH
EKOTEDO BRANCH IBADAN
JOS BRANCH
JOS, COMMERCIAL AREA
JOS, CLUB ROAD
RET SHOP – KATAKO (015)
BUKURU BRANCH
RET SHOP – UNIVERSITY OF JOS (055)
IKOKWU BRANCH
RET SHOP – OLD ABA ROAD, PH (086)
BONNY CASH CENTRE
ELEME BRANCH
EASTERN BULKCEMENT BRANCH
PH, TRANS AMADI
PH, FOT ONNE
OBIGBO PH, LOCATION ROAD
RET SHOP – ODUA ROAD, PHC (003)
BORI BRANCH
UNIPORT BRANCH
RSUST BRANCH
PH, 50 IKWERRE ROAD
PLOT105 OLU OBASANJO PH BRANCH
GARRISON BRANCH
GADA MARKET BRANCH
USMAN DANFODIO UNIVERSITY BRANCH
SOKOTO, MAIDUGURI ROAD
GUSAU, CANTEEN ROAD

https://www.google.com/amp/s/www.herald.ng/access-bank-shuts-down-346-branches-nationwide-to-cut-down-cost-due-to-coronavirus/amp/

Its like after swallowing diamond bank the thing no gree digest ooo

Some of the closures are understandable.

For example. There is an AccessBank next to diamond band inside unizik awka.

Also. There is AccessBank next to diamond bank in Regina awka.

There is also an AccessBank next to diamond bank in main market. Same in building materials ogidi.

I do not think that both branches will operating at the same time in the same location when it actually is one entity. That is a pure waste of running cost.



It is very understandable that half of the AccessBank branches be closed after the merger with diamond bank. No need for the waste.

And since those branches are closed, the staff will also be retrenched.

xcabczyxabczzzz:
This bank is just useless.

They just want our cash to continue losing value in their deposit.

ofcourse, the depositors will be loosing while investors will still smile to the bank at the end of the yr

Closed Financial Institutions

Below is the list of 45 failed banks which were closed, having had their licences revoked by the Central Bank of Nigeria, between 1994 and 2006. The Federal High Court issued orders for them to be wound up and appointed the Nigeria Deposit Insurance Corporation (NDIC) as Liquidator of the banks.

The Corporation is currently winding up the banks.

List of Closed Financial Institutions under Liquidation


S/NO NAME OF BANK UNDER LIQUIDATION DATE OF CLOSURE
1 Abacus Merchant Bank Ltd Jan. 16, 1998
2 ABC Merchant Bank Ltd Jan. 16, 1998
3 African Express Bank Ltd Jan. 16, 2006
4 Allied Bank of Nigeria Plc Jan. 16, 1998
5 Allstates Trust Bank Plc Jan. 16, 1998
6 Alpha Merchant Bank Plc Sept. 08, 1994
7 Amicable Bank of Nigeria Plc. Jan. 16, 1998
8 Assurance Bank of Nigeria Plc Jan. 16, 2006
9 Century Merchant Bank Ltd. Jan. 16, 1998
10 City Express Bank Plc Jan. 16, 2006
11 Commerce Bank Plc Jan. 16, 1998
12 Commercial Trust Bank Ltd Jan. 16, 1998
13 Continental Merchant Bank Plc Jan. 16, 1998
14 Coop. & Commerce Bank Plc Jan. 16, 1998
15 Credite Bank Nig. Ltd Jan. 16, 1998
16 Crown Merchant Bank Ltd. Jan. 16, 1998
17 Financial Merchant Bank Ltd. Jan. 21, 1994
18 Great Merchant Bank Ltd. Jan. 16, 1998
19 Group Merchant Bank Ltd. Jan. 16, 1998
20 Gulf Bank Ltd Jan. 16, 2006
21 Hallmark Bank Plc Jan. 16, 2006
22 Highland Bank of Nig Plc Jan. 16, 1998
23 ICON Ltd. (Merchant Bankers) Jan. 16, 1998
24 Ivory Merchant Bank Ltd. Dec. 22, 2000
25 Kapital Merchant Bank Ltd. Jan. 21, 1994
26 Lead Bank Plc Jan. 16, 2006
27 Lobi Bank of Nig. Ltd. Jan. 16, 1998
28 Mercantile Bank of Nig. Plc. Jan. 16, 1998
29 Merchant Bank of Africa Ltd. Jan. 16, 1998
30 Metropolitan Bank Ltd. Jan. 16, 2006
31 Nigeria Merchant Bank Ltd. Jan. 16, 1998
32 North-South Bank Nig. Plc. Jan. 16, 1998
33 Pan African Bank Ltd. Jan. 16, 1998
34 Pinacle Commercial Bank Ltd. Jan. 16, 1998
35 Premier Commercial Bank Ltd Dec. 22, 2000
36 Prime Merchant Bank Ltd. Jan. 16, 1998
37 Progress Bank Ltd. Jan. 16, 1998
38 Republic Bank Ltd June 29, 1995
39 Rims Merchant Bank Ltd. Dec. 22, 2000
40 Royal Merchant Bank Ltd. Jan. 16, 1998
41 Trade Bank Plc Jan. 16, 2006
42 United Commercial Bank Ltd. Sept. 8, 1994
43 Victory Merchant Bank Ltd. Jan. 16, 1998
44 Eagle Bank Plc. Jan. 16, 2006
45 Liberty Bank Plc. Jan. 16, 2006
The above list of closed financial institutions does not contain the names of these banks whose licences were revoked by the Central Bank of Nigeria but the Federal High Court is yet to issue winding up orders and appoint the Corporation as Liquidator for the banks. Due to court actions instituted by some of the closed banks’ shareholders challenging the revocation of their banks’ licences, the Corporation was unable to conclude the closing exercise and initiate the payment of deposits to depositors of the banks.

To view the record of Court Proceedings for such closed banks, go to Litigation under Legal Matters/Regulations

A1. Savannah Bank of Nigeria Plc, licence revoked Feb. 16, 2002, click sbn-court-proceedings
A2. Peak Merchant Bank Limited, licence revoked Feb. 28, 2003,click pmb-court-proceedings
B1. Eagle Bank Plc, licence revoked Jan. 16, 2006, (NDIC appointed Provisional Liquidator) click eb-court-proceedings
B2. Fortune Bank Plc, licence revoked Jan. 16, 2006, (NDIC appointed Provisional Liquidator) click fb-court-proceedings
B3. Liberty Bank Plc, licence revoked Jan. 16, 2006, click lb-court-proceedings
B4. Societe Generale Bank of Nigeria Plc, licence revoked Jan. 16, 2006, click sgbn-court-proceedings
B5. Triumph Bank Plc, licence revoked Jan. 16, 2006, click tb-court-proceedings


UPDATE ON THE LIQUIDATION OF FOURTEEN (14) BANKS AS AT JANUARY 2007



The banking licences of fourteen (14) banks were revoked on 16th January, 2006 by the Central Bank of Nigeria (CBN). The Corporation has so far been appointed the liquidator for nine (9) banks namely; All States Trust Bank Plc, Lead Bank Plc, Assurance Bank Nigeria Limited, Trade Bank Plc, Metropolitan Bank Limited, City Express Bank Limited, Hallmark Bank Plc., African Express Bank Plc. and Gulf Bank of Nigeria Plc. ; and the provisional Liquidator for Fortune Bank and Eagle Bank Plc.

The regulatory authorities decided that Purchase and Assumption Transaction should be adopted to resolve the failure of the 14 banks. Under this arrangement the 9 banks have been or are in the process of being offered to the 25 existing banks to assume their private sector deposits and acquire their assets. The outcome of the bidding processes are as follows:

1. Ecobank Plc emerged the successful bidder for All States Trust Bank Plc (in-liquidation). Ecobank has reopened all the 65 branches from where the failed All States Trust Bank operated. As the depositors of All States Trust Bank turn up, their deposits are verified and new accounts opened for them as Ecobank customers. Over 32,000 depositors have verified their deposit claims.
2. Afribank Plc, likewise, emerged the successful bidder for Assurance Bank of Nigeria Plc (in-liquidation) and Lead Bank Plc (in-liquidation). New accounts were opened for depositors of these banks as Afribank customers.
3. UBA Plc emerged the successful bidder for Trade Bank Ltd (in-liquidation). Verification of depositors commenced on 31st January, 2007
Liquidation activities are at various stages of completion in the rest of the banks where the action of the Corporation is not facing any challenge in court.

seunmsg:
Nigerian banks are too fragile. They can hardly survive any downturn in the economy without massively laying off staff.

Some of these banks also bite more than they can chew. What Access bank is going through now reminds me of my little stint with BankPHB.

BankPHB acquired spring bank late 2008 in a very hostile manner. Billions of depositors funds was committed into the acquition. By March 2009, the bank was already distressed and laying off staff. The hostile nature of the takeover also made it impossible for the quick integration of the operations of the banks. There was also the effect of the global meltdown and crash of the stock exchange market that year.

By the Sanusi came in as CBN Governor around June, the bank was already a mess. He did not bother to romance the problem, he simply killed the bank and other banks that were then struggling to survive the global meltdown and crash of the stock exchange market by late 2009.

Hopefully, Access bank won’t go the way of BankPHB.

Some of the closures are understandable.

For example. There is an AccessBank next to diamond band inside unizik awka.

Also. There is AccessBank next to diamond bank in Regina awka.

There is also an AccessBank next to diamond bank in main market. Same in building materials ogidi.

I do not think that both branches will operating at the same time in the same location when it actually is one entity. That is a pure waste of running cost.



It is very understandable that half of the AccessBank branches be closed after the merger with diamond bank. No need for the waste.

And since those branches are closed, the staff will also be retrenched.