FG Threatens To Revoke Licences of Banks Violating Its ‘No Sack’ Order

The Minister of labour and employment, Chris Ngige has threatened to sanction banks and telecommunication companies, that are defaulting its orders to suspend retrenchment exercise.

Skye Bank Flaunts FG's Order; Goes Ahead To Fire 200 Staff

According to reports, Skye bank yesterday June 6th, laid off over 200 of its staff after the Federal government had directed all banks should halt all retrenchment exercise until stakeholders meeting with the government.