Fraud & Scandals

Why we laid off some workers —Enterprise Bank

Enterprise Bank, one of the nationalised banks, on Tuesday said the recent laying off of some of its workers was in line with the company’s plan to remain competitive in the market. The bank said it had conducted a resource optimisation exercise meant to ensure the development of a high […]

Enterprise Bank sacks 150 workers

Enterprise Bank Limited, one of the nationalised banks, has retrenched about 150 workers. Checks by the News Agency of Nigeria  on Monday showed that the affected workers were part of the 250 employees nationwide pencilled down for rationalisation. Sources close to the bank told NAN that the sacking caught across […]

NSE to sanction operators for client account mismanagement

The Nigerian Stock Exchange has warned dealing member firms against violating client account management guidelines. According to the NSE, operators that violate the guidelines will be suspended from trading activities, in addition to being fined. This was contained in a circular to all dealing firms, which was entitled, ‘Maintenance and […]