Third Mainland Bridge: Banks adjust closing time for Lagos Island branches

Nigerian banks are adjusting their closing time for branches in Lagos Island and Ikoyi in Lagos following the closure of Third Mainland Bridge for repairs.

The Federal Government had last month announced partial closure of the Third Mainland Bridge for maintenance work from July 24 to last for a period of six months.

Following an impact assessment of the Third Mainland Bridge closure on commuters by the Lagos State Government, Fidelity Bank Plc on Thursday informed its customers that commencing Monday, August 24, 2020, all Fidelity Bank branches within the Lagos Island, Ikoyi, Victoria Island, and Lekki axis of Lagos State would close to customers by 3pm.

This measure is taken to reduce the time spent on the road as a result of the ongoing repairs and industry observers say other banks may follow suit soon.

“Please note that our Lagos Mainland branches, as well as our upcountry locations, will continue to operate the normal business hours of 8 AM to 4 PM. As always, our digital channels will remain available for your use 24/7,” the bank said in a notice to customers.

Hope Moses-Ashike

Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks. She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings. Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.