Apparently worried by the looming sack of bank workers and its negative implications for the banking system and the economy, the Central Bank of Nigeria and its Bankers’ Committee have pleaded with banks nationwide to suspend forthwith any planned retrenchment of their employees.
Banks are unable to recover loans from Oil Companies & other borrowers due to COVID19 CBN order to banks not to sack workers at this time of a welcome idea Their staff already taking pay cut to help. CBN should add more packages to enable Banks keep staff & avoid going under
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: