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Friday, December 13, 2013

Black Christmas as over 200 bankers lose Job..

Black Christmas as over 200 bankers lose Job: Over 200 staff of Enterprise Bank and Keystone Bank have lost their jobs due to the rationalization exercise that was recently carried out by both banks. On the 2nd of December Enterprise bank rolled out a list comprising of a 150 staff members that were affected by the rationalization exercise which according to the bank's management was done in order to achieve effective service. Worst hit by the retrenchment exercise are the Lagos Island branches of the bank. Spokesman for the bank, Olusola Longe-Okenimkpe says the rationalization exercise was carried out to identify resource optimization.

Keystone bank in November also carried out their own rationalization exercise which saw 52 Senior staff members losing their jobs.

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Oil theft: Troops dismantle 37 illegal refining sites, confiscate over 130,000 stolen products in Niger Delta

Troops of the Nigerian Army have dismantled 37 illegal refining sites, arrested ten suspected oil thieves and recovered over 130,000 litres ...