Newsexpress place banner advert Yudala Triple Jara Offer
FCMB shuts down branches, sacks staff

By News Express on 10/05/2016

Share on facebook Yahoo mail icon Gmail icon

Views: 1,719


First City Monument Bank Limited (FCMB) has closed down some of its branches and sacked staff of those branches, a report this morning said.

The report, by Nigerian Tribune, said it was gathered Monday night that the branches affected were those formerly owned by Finbank, which has been acquired by FCMB.

“Although calls to officials of the bank were not responded to, it was gathered that the management of the bank resolved to rationalise some redundant and unviable branches of the acquired bank, especially where there were two or three branches in the same area because of the current state of the economy,” the report said.

It quoted an unnamed source as disclosing that while some staff members of the shut branches were seconded to other branches, majority were relieved of their duties.

“It was also gathered that many of those who got the sack were those with issues,” the report said.

•Photo shows FCMB Managing Director Ladi Balogun.

Source News Express

Posted 09/05/2016 11:30:45 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

 

You may also like...
Oyo inaugurates 31-man education reform c’ttee

Foreign Affairs Minister dares Senate over Ambassadorial list...

Special squad intensifies search for kidnapped German archaeologists...

Panic as gunmen invade police station

Abducted schoolgirls: First Lady loses confidence in President...

Okonjo-Iweala opens up on international appointments •How she...

Dasuki to sue SSS over siege, passport seizure...

Yakowa never touched public funds, says Gandu

Bayelsa Polls: Sylva writes IGP, demands arrest of...

APC, PDP AT WAR OVER RELIGION: APC Islamic...

Nigeria paying heavy price for Buhari’s failure to...

Leadership crisis: Police lock up Assemblies of God...

 

Latest News Col. Umar demands Dasuki’s immediate release •Faults Buhari’s anti-corruption war South West Governors' meeting on hold It will be a cloudy day spiced with thunderstorms, says weatherman Alleged assassination attempt: Dino Melaye’s allegations are reckless, indefensible — Yahaya Bello Senator Adeleke’s death sudden, shocking and sad — Tinubu Boko Haram: 1,000 children on foster care Troops recover large cache of arms in Southern Kaduna Airport concessioning the next big thing: Aviation Minister Niger Delta residents anxious for implementation of modular refineries programme FG to demolish structures around powerlines nationwide African Maritime bodies team up to fight piracy, sea robbery FG finetunes whistle-blower scheme on illegal weapons

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (240,512 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (218,066 views) Shameless Genevieve Nnaji exposes breasts in public (180,954 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (163,555 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (154,602 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (135,658 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (118,632 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (116,783 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (104,550 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (101,451 views) Lagos plane crash: Journalist releases victims’ names (99,890 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (94,350 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (27) Business (2,525) Business Verdict (15) Columnists (668) Complaints & Requests (86) Enterprise & Opportunities (145) Entertainment (307) Features (428) Global Business Monitor (146) International (1,350) Interviews (119) Live Commentary (28) Love Matters (51) News (23,632) Opinion (679) Pidgin (8) Politics (3,665) Religion (519) Sports (1,253) Stock Watch (18) AMA & Al Jazeera Global Update

 

 

CBN Advert

 

Certificate Controversy: Dino Melaye celebrates as Vice Chancellor confirms he graduated...

 

APO Newsbreak logo

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!