First Bank of Nigeria is planning to sack at least
1000 of its staff. According to Bloomberg, the
plan to cut jobs is as a result of the banks 82%
loss in profit after its financial year ending for
2015. The bank also plans to focus less on
providing loans to the oil industry as part of
measures to increase its profit for the year 2016.
April 29, 2016
First Bank set to sack 1000 of its workers
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