THE rank of unemployed Nigerians has swollen as over 3500 bank workers have been shown the way out within the first quarter of this year. According to the various bank managements, the recent personnel cut is aimed at cutting costs, shoring up performance, opening opportunities for new hands and enhancing service delivery
Since the completion of business combination between Access Bank and Intercontinental Bank; Ecobank and Oceanic Bank International; First City Monument Bank (FCMB) and Finbank; with the emergence of Access Bank, Ecobank and FCMB as core investors having consumed the three others, thousand of workers in the sector have been laid off.
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