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Topic: AS AFRIBANK PREPARES TO DOWNSIZE

  1. #1
    Senior Member fistop's Avatar
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    Nov 2007
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    LAGOS.
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    AS AFRIBANK PREPARES TO DOWNSIZE

    WHEN WILL THE MASS SACK IN THE BANKING SECTOR END? THIS IS A BIG QUESTION THAT NO ONE CAN ANSWER. HEARD FROM A RELAIBLE SOURCE THAT AFRIBANK WILL ANYTIME FROM NOW LAY-OFF ABOUT 900 WORKERS OFF ITS WORKFORCE. BANKING JOB THIS DAYS IS NO LONGER SECURE.

  2. #2
    Senior Member josiah1's Avatar
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    Jul 2009
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    Nasarawa GRA, Kano
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    Re: AS AFRIBANK PREPARES TO DOWNSIZE

    @ fistop, this is serious! What's the banking sector becoming?

  3. #3
    Newbie eastwood's Avatar
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    May 2008
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    Re: AS AFRIBANK PREPARES TO DOWNSIZE

    Well, it might interest u to know that these banks declared unrealistic profits in their end of year reports during the erstwhile CBN governor's term. The advent of Sanusi Lamido has brought to the fore that the party session is over but unfortunately, just four (4) or thereabt of these banks have a clean bill of acount. Suffice to say that these banks are bound to downsize since they no longer have the financial muscle to keep their employees on the payroll.

  4. #4
    Junior Member Sunny d's Avatar
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    Apr 2010
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    Re: AS AFRIBANK PREPARES TO DOWNSIZE

    It's a pity!!!

    I pray God will open our eyes to see business opportunity coz it's good and better to be self employed in this part of the world.

    All is well.

    Cheers!!!

  5. #5
    Member steel5800's Avatar
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    Dec 2009
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    Re: AS AFRIBANK PREPARES TO DOWNSIZE

    Quote Originally Posted by fun d
    It's a pity!!!

    I pray God will open our eyes to see business opportunity coz it's good and better to be self employed in this part of the world.

    All is well.

    Cheers!!!
    I swear you read my mind and believe me there are so so many of them. The problem is having a reasonable startup capital.
    A

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