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Banks Staffs Strength Drop By 2%
The National Bureau of Statistics has said that the staffing strength in Nigeria’s banking industry reduced by 2.0 percent to 93,090 in 2021. This is from 95,026 recorded in 2020. NBS said this in its Quarter-on-Quarter, QoQ, Selected Banking Sector Data for last year (Q1-Q4’21). The report indicated that the number of contract staff declined…
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98 companies Post N6.1trn Turnover In H1 2021
No fewer than 98 leading companies on the Nigerian Exchange Limited have recorded a combined turnover of N6.1 trillion in the first half of 2021. The companies’ H1’21 combined turnover was 17.57 percent more than the N5.2 trillion recorded in the same period in H1’20. According to their financial reports, they turned over to the…
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Special Report: Is Your Bank Defrauding You?
The Central Bank Of Nigeria recently disclosed it had so far recovered N89.2 billion excess and illegal charges slammed on customers by banks in Nigeria following several reports from aggrieved customers. After the creation of the Consumer Protection Department in 2012, the Director for the unit revealed that between 2010 and 2014, CBN refunded N14.69…