CBN SUSPENDS SALARY CUTS STAFF LAY OFF

Following the viral video of Access Bank MD informing the staff of Diamond Access Bank of the salary cuts and staff retrenchment, the CBN nigeria announced yesterday, a suspension on such action. According to him, the suspension is a bid to help household cope with the current covid 19 pandemic and to water down the effects of the situation in Nigeria, for all Nigerians. Lagos State also amended their guidelines for the easing down of the lock down with some changes to the previous one.

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