- Anxiety has risen of fears of imminent job losses as part of the implications of ongoing bank recapitalisation exercise
- The NLC has sounded an alarm that the exercise will lead to job losses and loss of gratuities and income for the workers
- It added that during the previous recapitalisation processes, numerous banks struggled to meet the new criteria
Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the stock market.
The Nigeria Labour Congress has expressed concerns regarding job security amidst the recent banks’ recapitalisation initiative mandated by the Central Bank of Nigeria.
