Top Five PageOne Stories For This Week- #4 FCMB Could Cut 600 Jobs

FCMB

The Nigerian banking industry is facing huge challenges. While the industries problem is compunded by a haphazard political climate and lack of economic plan from the present government, the banks have not been able to save themselves from their traditional ways of doing things. FCMB [FCMB:NL] might be cutting up to about 600 jobs due to massive impairments in credits extended to the oil and gas sector.

In Case You Missed It, FCMB Could Cut 600 Jobs