Emir Sanusi II Lauds Jaiz Bank’s N700m Profit

The Emir of Kano, His Royal Highness, Muhammad Sanusi II, has lauded Jaiz Bank for declaring a profit of over N700 million in four years of its inception . . .

Nigerian Naira falls to ₦357 per US Dollar $1

The Naira on Monday weakened further against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports . . .

Skye Bank fires 200 staff

Skye bank Plc yesterday June 6th, laid off 200 of its staff, disregarding the Federal government directive to all banks to halt all retrenchment exercise . . .

Reasons Nigerian Banks Are Sacking Workers

Nigerian banks started trimming of staff to suit the economic situation. Last week, two banks, Ecobank and Diamond Bank sacked over 1060 staff citing economic downturn as reason for the cut . . .