CBN, bankers committee orders Access Bank, others to Suspend mass sack

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CBN, bankers committee orders Access Bank, others to Suspend mass sack: THE Central Bank of Nigeria (CBN) has ordered Access bank Nigeria and other financial institutions to suspend lay-offs and recall already sacked workers.

FINANCIAL WATCH had earlier reported that Access Bank Nigeria has notified staff especially the non-essential workers of planned massive lay-off which will affect about 70% of the bank’s workforce.

The Central Bank in a swift reaction reversed the decision to sack the bank workers, according to Isaac Okorafor, Director, Corporate Communications; “A special meeting of the Bankers’ Committee was convened on May 2, 2020, to further review the implications of the COVID-19 pandemic on the Nigerian banking industry. The Committee particularly deliberated on the issue of the operating costs of banks in view of the disruptions emanating from the global economic difficulties and decided as follows:

“In order to help minimize and mitigate the negative impact of the COVID19 pandemic on families and livelihoods, no bank in Nigeria shall retrench or lay-off any staff of any cadre (including full-time and part-time)”.

“To give effect to the above measure, the express approval of the Central Bank of Nigeria shall be required in the event that it becomes absolutely necessary to lay-off any such staff”.

“The Central Bank of Nigeria solicits the support of all in our collective effort to weather through the economic challenges occasioned by the COVID-19 pandemic”.

Full list of 346 Access Bank branches shut down Nationwide
CBN bankers committee orders Access Bank, others to Suspend mass sack

Meanwhile, Access Bank has urged its customers and the general public to disregard social media report of its shutting 340 branches nationwide.

Responding to Daily Sun enquiry, its Media Relations officer, Mr Abdul Imoyo, says the online report is misleading.

According to him, “branches were closed at the onset of the COVID-19 lockdown.

As the structure of the lockdown has been relaxed, the branches will be reopened in a phased approach and with adherence to physical distancing guidelines.

“We advised the public when we closed over 540 branches (60 left to operate) in response to our business continuity plan for crisis of this nature. This was further buttressed by the Lagos State and subsequently the FGN’s stay-at-home or work from home order.

With the proposed lifting of that order from May 4th, we recognise that the threat of the virus is still out there and are planning to do a phased opening of the branches. So yes an additional 200 branches (bringing the total to 260) would be opened in the first phase.

The staff at the frontline are also people’s sons, daughters, wives, husbands e.t.c and we have to be very mindful how we expose them.

So staff would also be rotated. We have however made arrangements to pair the branches so customers whose branches are yet to be opened can be served from an alternate branch and those messages are going out to customers over this weekend and by Monday.”




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About Ezekiel Enejeta 236 Articles
Ezekiel Enejeta is a graduate of mass communication and a passionate journalist, his flair for writing has led him into pursuing a career in news reporting. He currently serve as the editor of Financial Watch. He can be contacted via phone call at 08141171945

16 Comments

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    INTRODUCTION
    Lavita Ricca International is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Mr. Ifeanyi Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.

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    ITS SIMPLE HERE !!!!!!!
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  11. look at what these people are saying…quite unfortunate of them to donate a billion to please FG only to come back to lay off workers, It doesn’t seem more like wisdom in doing that. FG doesn’t even regard much your donation as much as your workers put in their time and energy for the effectiveness of your bank operations, and here you’re telling us a script that’s not readable. Las Las any bank that lays off workers in this time is a big time fraud.

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    HAVE YOU HELD ABOUT LAVITA TRUST INVESTMENT…?

    LAVITA TRUST INVESTMENT is a matrix system which give you DOUBLE of your CAPITAL back in ( 45 Minutes ) after Registrations

    LAVITA PACKAGES
    N20,000——N40,000
    N40,000——N80,000
    N50,000——N100,000
    N100,000—–N200,000
    N150,000—–N350,000
    N300,000—–N600,000
    N200,000—–N400,000
    N400,000—–N800,000
    N500,000—–N1,000,000

    NOTE: we credit your account after 45mins of Your Registeration
    INTRODUCTION
    LAVITA TRUST Investment is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Ifeanyi Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.

    09068834101

    ITS SIMPLE HERE!!!!!!!
    We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 100k within 25mins we make profit of 300k then send 200k to you then profit 100k This is not mmm where they merge people to donate for each other
    You pay directly to us and we credit you directly

    Contact Mrs. FUMI BLESSING
    09068834101

    NOTE:- YOU GET CREDITED BACK IN LESS THAN 45 MINUTES.

    CHAT US-UP IF INTEREST FILL YOUR FORM AND START EARNING

    NOTE: You can finish reading this and decide not to take the necessary actions, but the next time you want to complain about not having money, just know that you are on your own problem.

  13. *GOOD DAY MA/SIR*

    Have you had about *LAVITA RICCA INVESTMENT* ? am not talking about MMM or Ponzi SCHEME
    lavita is a matrix system which give you DOUBLE of your CAPITAL back in (45 min) after registration

    LAVITA PACKAGES

    ₦10,000——–₦20,000❌❌❌
    ₦20,000——–₦40,000
    ₦40,000——–₦80,000
    ₦50,000——–₦100,000
    ₦100,000——₦200,000
    ₦200,000——₦400,000
    ₦400,000——₦800,000
    ₦800,000——₦1,600,000
    ₦1,000,000—₦2,000,000

    NOTE: we credit your account after 45min after registeration.

    INTRODUCTION
    Lavita Ricca International is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Mr. Ifeanyi Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.

    CONTACT NAME:- ELIZABETH TINA

    HOT LINE:+2349036369810

    ITS SIMPLE HERE !!!!!!!
    We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 20k within 45mins we make profit of 60k then send 40k to you then profit 20k. This is not mmm where they merge people to donate for each other
    You pay directly to us and we credit you directly.

    https://api.whatsapp.com/send?phone=2349036369810&text=Am_in_interested_in_lavita_ricca_investment_how_do_i_register

    Note:you get credited in less than 45mins.

    CHAT US-UP IF INTEREST FILL YOUR FORM AND START EARNING

    NOTE: You can finish reading this and decide not to take the necessary actions, but the next time you want to complain about not having money, just know that you are on your own problem. ? ? ?

  14. GOOD DAY EVERYONE
    HAVE YOU HEARD ANYTHING ABOUT LAVITA RICCA INVESTMENT BEFORE

    A FRIEND OF MINE INTRODUCED ME TO THE PLATFORM

    IT IS A PROCESS WHERE BY YOU PAY A CERTAIN AMOUNT AND GET DOUBLE OF WHAT YOU PAID WITHIN 45 MINUTES

    I PAID 80,000 AND I WAS CREDITED DOUBLE WITH 160,000

    IF YOU ARE INTERESTED MESSAGE THE ADMIN ON WHATSAPP OR CONTACT HER ON (09036369810) FOR MORE INFORMATION
    *A TRAIL WILL CONVINCE YOU BETTER TO YOUR WAY OF WEALTH DIRECTLY. JOIN THE LINK AND ALSO TESTIFY
    ?*
    **THANK ME LATER**
    https://api.whatsapp.com/send?phone=2349036369810&text=Am_in_interested_in_lavita_ricca_investment_how_do_i_register.

  15. It’s unfair for Access bank to sack workers no job pls the government are not helping matters

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