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Bank Workers Ordered to Stay At Home


CEM REPORT, FINANCE | Owing to spells of violence against banks and financial institutions in the country as a result of the naira redesign policy, banks’ staff has been ordered to stay at home.

The stay-at-home order which is to protect the lives and property of banking staff and the institution follows an attack on one bank branch at Epe. Lagos State today.

This is according to a circular seen by CEM issued by the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), dated 17th February 2023 addressed to all its unit presidents/secretaries.


The circular signed by Olusoji Oluwole the association’s National President, notes that the notices only apply to states “where bank branches are attacked.”

The circular reads;

The National Secretariat has been inundated with reports of threats and attacks on the lives and properties of Members and bank branches and subsequently has been on the field to monitor and confirm the reports.

We issued warnings and appeals to the Government to provide security Measures for the Safety of Lives and Properties of our Members within and around the bank premises, but regrettably, the attacks have continued without any form of security for the safety of our Members, and the recent being the attack today. Friday 17th February 2023 on one bank branch at Epe. Lagos State.

We cannot leave the lives and properties of our Members exposed to obvious danger.

Consequently, All Members Should Today Immediately Stay Away from Work in any State where bank branches are attacked. This is to continue every day until normalcy is restored.

Please Note, you will be availed of further directives as events develop.

Thank you.

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