Through the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE), Nigerian banks have decided to join the Nigeria Labour Congress (NLC) or the two-day planned strike action.
This was disclosed in a statement signed by Mohammed I Sheikh, general secretary of the union, which said all banks would shut down on Tuesday, the 5th and Wednesday 6th of September 2023.
Read also Banks lose N6bn to fraud in six months – Report
However, the Federal Government on Monday pleaded with the NLC to call off its two-day warning strike, which is to commence on Tuesday.
The government said the reason for calling for suspending the strike action was to forestall a breakdown of peace, which it said would hurt the gains it had already made.
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.
