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Otukpo robbery: CBN directs banks to open from 8am to 2pm in Benue

The Central Bank of Nigeria,CBN, has put precautionary measures in place against future attacks on commercial banks in Benue State.

The development followed the attack on some banks in Otukpo town, Benue State, by armed robbers on Friday, October 20, 2023.

The CBN took the measures at an emergency meeting with the management of the affected banks in Makurdi, Benue State capital.

In a communiqué issued at the end of the meeting, the CBN, among other decisions, directed that “all banks and her branches across the state with immediate effect [sic] commence her business operations from 8am-2pm, Monday to Friday till January 30, 2024, when a review of the security situation will be carried out at the Bankers Committee for amendment accordingly”.

The communiqué further stated that the Armored Personnel Carrier (APC) support be increased to two hundred thousand naira (N200,000.00) for Deposit Money Banks (DMBs) while CBN is increased to five hundred thousand naira (N500,000.00).

“Each bank is mandated to make its payment on or before October 27, 2023,” the communique directed.

(Daily Post)

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Raufu Musliyu

Raufu Musliyu is the Editor-in-Chief of News Flash Media Service. He is a PhD Student of Al-Hikmah University, Ilorin in the field of Mass Communication. Musliyu holds Masters of Science (M.Sc) Degree in Mass Communication majoring in Public Relations/Advertising. He also holds Bachelor of Science (B.Sc) and Higher National Diploma (HND) in Mass Communication. The Editor-in-Chief also bagged Post-Graduate Diploma (PGD) in Public Relations. He is an Associate of Nigeria Institute of Public Relations (NIPR) and Advertising Regulatory Council of Nigeria (ARCON). Musliyu is the Head of Corporate of Affairs & Administration of Abdulrauf Jimoh & Co.

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