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Nigerian Banks

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Closed bank branch building in Lagos with electronic banking signage.
Business

Bank Branch Closures: Nigerian Banks Shut 476 Locations in 3 Years as Digital Push Accelerates

God'scare By God'scare
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September 14, 2026
2 Min Read

The physical footprint of traditional banking in Nigeria is shrinking rapidly. Between 2022 and 2025, Deposit Money Banks (DMBs) across the country closed a net total of 476 branches and cash centres, reducing their brick-and-mortar network by 8.8 per…

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