Union Bank, on Monday, sacked another 137 staff in continuation of the ongoing downsizing of its workforce as a result of the current reform in the banking sector. The affected staff were disengaged, following decision on outstanding disciplinary cases, while some were sanctioned for various acts of misdemeanour. Meanwhile, the […]
Frauds & Scandals
Why we laid off some workers —Enterprise Bank
Enterprise Bank, one of the nationalised banks, on Tuesday said the recent laying off of some of its workers was in line with the company’s plan to remain competitive in the market. The bank said it had conducted a resource optimisation exercise meant to ensure the development of a high […]
Enterprise Bank sacks 150 workers
Enterprise Bank Limited, one of the nationalised banks, has retrenched about 150 workers. Checks by the News Agency of Nigeria on Monday showed that the affected workers were part of the 250 employees nationwide pencilled down for rationalisation. Sources close to the bank told NAN that the sacking caught across […]

