Fire has gutted the branch of the Access Bank plc on the campus of the Adekunle Ajasin University, Akungba Akoko, Ondo State.
The incident which happened in the early hours destroyed some offices and the section of the automated teller machine (ATM) of the bank.
Reports said that an undisclosed amount of money kept inside the ATM was destroyed in the inferno.
The cause of the fire could not be ascertained at the time of filing this report but unconfirmed source traced the inferno to power surge.
The head of media and public relations unit of the institution, Mr Sola Imoru confirmed the incident but said it did not affect the school and the university community.