The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) says the pockets of attacks on banks, financial institutions and their outlets across the country have put insurance claims at more than N5 billion.
The attacks on banks’ facilities across the country were in reaction to the hardship caused by the naira redesign policy of the Central Bank of Nigeria and the resultant scarcity of the N200, N500 and N1,000 banknotes due to the deadline imposed by the apex bank.
