NLC, Bankers raise concerns over job security in new CBN banks’ recapitalization
In the wake of the Central Bank of Nigeria‘s (CBN) directive to recapitalize the new banks, the Nigeria Labour Congress (NLC) and the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) have expressed worries regarding job security among other things. There have been reports that similar exercises in 2010 and 2005 led…