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Home | Naira Notes: 2 Feared Dead as Residents Protest in Edo

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Naira Notes: 2 Feared Dead as Residents Protest in Edo

Juliet Amaka
Juliet Amaka
Published: January 1, 2025
Last updated: January 1, 2025
1 Min Read
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Naira Notes: 2 Feared Dead as Residents Protest in Edo | Daily Report Nigeria
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Benin, the Edo state capital has been shut down by simultaneous protests against the non-availability of new naira notes.

The protest follows the rejection of old naira notes by banks, while apps and bank codes for mobile banking are  do not work efficiently.

The development led to the eruption of violent protests in some parts of the state capital.

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An attack on the Benin branch of the Central Bank of Nigeria (CBN) was foiled by a combined team of policemen, Nigerian Security and Civil Defence Corps, with two people feared killed.

This led the angry protesters attacking virtually all banks along the Akpkakpkava area, destroying ATM points and buildings in the process.

Some of the banks affected include Sterling Bank, UBA, GTB, Access, Zenith, Stanbic IBTC and others

Protesters Raze Banks, Fuel Station For Rejecting Old Naira Notes in Delta

In similar development, some angry protesters set ablaze two banks in the Orovwohworun area of Udu, Delta State.

The affected banks include the First Bank of Nigeria and Access Bank.

Simultaneous protests were also recorded in Ondo and Oyo states over the scarcity of naira notes.

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TAGGED:Naira scarcityProtest
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