CBN halts mass sacking of bank workers amid COVID-19 lockdown

“no bank in Nigeria shall retrench or lay-off any staff of any cadre (including full-time and part-time).” The Central Bank of Nigeria (CBN) has averted impending retrenchment in the banking sector following growing talks of mass downsizing of workforce in the industry with reasons hinged on economic slump occasioned by the COVID-19 pandemic. According to … Continue reading CBN halts mass sacking of bank workers amid COVID-19 lockdown