30 results
- 6 Apr 2020
ASSBIFI Asks Banks not Sack Staff over COVID-19
Comrade Oyinkansola Olasanoye, national president, Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), has faulted faults plans by some banks to retrench workers…
- 24 Jan 2021
Panic as Banks Mull Staff Cuts, Closure of Branches
Banks may soon begin to rationalise their operations through staff downsizing and branch closures in a bid to cope with the harsh realities occasioned by the second wave of the COVID-19 pandemic…
- 9 Oct 2023
Union Threatens to Picket Heritage Bank over Sack of Workers
Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has threatened to deploy all networks to mobilise affiliate trade unions and workers to picket Heritage Bank’s…
- 19 Feb 2023
ASSBIFI Suspends Strike, Orders Banks to Resume Operations
Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has announced that banks should begin operations from Monday, February 20, 2023. Olusoji Oluwole, president of the…
- 17 Oct 2017
Bank Workers to Down Tools over Mass Sack
Bank workers under the aegis of Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) have given notice to the Federal Government of their intention to down tools over…
- 18 Nov 2019
Labour to Shut Down Banks Nationwide over Failure to Review Agreement
Workers in the nation’s banking sector at the weekend threatened to ground all banking operations nationwide beginning from January 2, 2020. Association of Senior Staff of Banks, Insurance and…
- 15 Aug 2021
ASSBIFI Says 80 Per Cent of Bankers are Casual Workers
Comrade Oyinkan Olasanoye, president of Association of Senior Staff of Banks, Insurance and Financial Institution (ASSBIFI), has decried increasing level of casualisation in Nigeria banks, saying 80…
- 11 Jan 2022
Fears of Job Losses as Standard Chartered Closes some Nigerian Branches
Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), the workers’ union, which strives to Striving to eliminate barriers that deny individual right to enjoy dignity…
- 21 Mar 2021
Bankers Protest EFCC’s Order to Declare Assets
Bankers under the aegis of the Association of Senior Staff for Banks, Insurance and other Financial Institutions (ASSBIFI) and National Union of Banks, Insurance and Financial Institutions Employees…
- 13 Jan 2016
Unions Say Powerful, Fraudulent Cabal Manipulate Aero Contractors
The National Union of Air Transport Employees (NUATE), and the Air Transport Senior Staff Services Association of Nigeria (ATSSSAN) ‎have sent out a distress cry to the management of the…
- 10 Nov 2023
CBN Orders Staff to Declare Links with Politically Exposed Persons
Central Bank of Nigeria (CBN) has directed its staff members to declare their ‘close relatives’ in the employment of the bank. Premium Times reported that it sighted a memo by signed by Christian…
- 25 Aug 2019
NIPOST Workers Vow to Resist Retrenchment
NIPOST workers, under the aegis of Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC) have vowed to resist retrenchment of workers at the Nigerian Postal…
- 21 Nov 2013
Terrorist Financing: Banks Meet over Plan for Nationwide Shutdown
National Union of Banks, Insurance and Financial Institutions Employees (NUBIFE) said it will meet today to discuss the planned shut down operations nation wide in protest over the continued…
- 2 Feb 2026
Recapitalisation: Silent Layoffs, Infrastructure Deficit Threat to $1trn Economy
By Blaise Udunze The Central Bank of Nigeria’s recapitalisation exercise, which is scheduled for a March 31, 2026, deadline, has continued to reignite optimism across financial markets and is…
- 6 Dec 2020
CIBN Chief Tasks Banks on Strengthening Cybersecurity
Chartered Institute of Bankers of Nigeria (CIBN) has urged banks to strengthen their cybersecurity architecture to protect themselves against attacks by fraudsters. Mr. Bayo Olugbemi,…
- 1 Nov 2021
CIBN Urges Nigerians to Embrace Import Substitution Models to Promote Home Products
The Chartered Institute of Bankers of Nigeria (CIBN) has urged Nigerians to embrace import substitution models that ultimately promote home grown products and services, economic growth, and…
- 18 Nov 2013
World Bank Pledges Support to Nigeria’s Data System
Alain Gaugris, a Senior Statistician, World Bank, has expressed the commitment of the Bank to supporting and positioning Nigerian Statistical System (NSS) to enable it contribute meaningfully to the…
- 26 Jun 2012
Aviation Crisis: Industry Indicts Banks
Either by mistake or in the hope that it will not be noticed, Nigerian banks gave airlines in the country less change than is right, leaving them to bleed profusely with debts running into billions,…
- 24 Jul 2022
Nationwide Shutdown: Banks, Electricity, Others to Join ASUU
Many unions and students bodies have decided join the strike in sympathy with Academic Staff Union of Universities (ASUU) from this week, which may lead to a total shut down of their operations, an…
- 9 May 2022
FIRS, NIPOST Rift: CBN Takes over Electronic Stamp Duty Collection
Central Bank of Nigeria (CBN) has begun the collection of electronic stamp duty with a view to settling the rift between the Federal Inland Revenue Service (FIRS) and Nigeria Postal Service (NIPOST).…
- 25 Aug 2025
Miden Systems Drags Bank to Court over Alleged Forgery, Misappropriation
Miden Systems Limited, an Abuja-based firm, has dragged Sterling Bank Limited and some of its management staff before the Chief Magistrate’s Court, Wuse Zone 2, Abuja, over allegations of conspiracy,…
- 15 Aug 2018
Electricity Workers Threaten to Shut Power, Demand Sack of TCN MD
Electricity workers threaten to shut power, demand sack of MD – Electricity workers yesterday in Abuja threatened to shut down power, unless the Federal Government sacks Usman Mohammed, managing…
- 27 Nov 2023
IsDBI Partners NGX to Boost Islamic Capital Markets in Nigeria
lamic Development Bank Institute (IsDB Institute) joined forces with the Nigerian Exchange Limited (NGX) to deliver an influential Islamic capital markets capacity-building workshop in Lagos,…
- 30 Oct 2014
Smile Telecom Supports 50 Schools with Internet Bundles
Barely seven months it launched in Lagos, Smile Communications Nigeria Limited has taken bold step towards enhancing education in Nigeria through information communication technology (ICT) by…
- 16 Sept 2025
CBN Directs Banks to Announce CEO Three Months Before Exit of Outgoing One
The Central Bank of Nigeria (CBN) has issued a new directive mandating all Domestic Systemically Important Banks (DSIBs) to publicly announce the appointment of a new Managing Director/Chief…
- 6 Jan 2021
FCMB Appoints Yemisi Edun as Acting Managing Director
First City Monument Bank has appointed an acting Managing Director, Yemisi Edun. Edun was asked to step into the shoes of the Managing Director, Adam Nuhu, on acting capacity, who volunteered to go…
- 22 Mar 2010
Main One Appoints Team for Commercial Operation
A head the landing of its submarine cable, Main One Cable Company has appointed top management staff in preparation for offering commercial services starting from the middle of this year. Among the…
- 23 Dec 2015
AfDB Commits $1Bn in Power, Infrastructure in Africa
The Bank Group has devoted approximately $1 billion to supporting power and infrastructure in Africa in 2015, which the Private Sector Department (OPSD) experts describe as “an unprecedented record…
- 31 Jan 2017
UBA Strengthens Brand Affiliation on Nigerian Campuses, Unveils 15 Ambassadors
The United Bank for Africa (UBA) Plc has launched the maiden edition of its Campus Ambassador Programme with the induction of the first 15 brand ambassadors. The UBA Campus Ambassador Programme is an…
- 17 May 2020
ASCSN Says NIMC Can Help Improve Security, Fight Corruption
The organised Labour has said that the National Identity Management Commission (NIMC), can improve the security situation and fight against corruption in Nigeria in no small measure if the Federal…