There are strong indications that the on-going wind of massive job cuts in banks will blow unabated before the end of the year.
Investigations by the Nigerian Tribune indicated that apart from the two banks that sacked over 4,000 workers over the weekend, four banks have also concluded plans to distribute sack letters today.
Nigerian Tribune learnt that two of the four banks fall in the category of those declared safe and sound by the recent special audit instituted by the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). Read the rest of this entry »


As an indication of optimism in the market, leading companies like Ecobank, Halliburton, and Total will be congregating in London to secure talented professionals for their operations across Africa at the Careers in Africa Recruitment Summit from 30 October to 1 November.
Zebrajobs.com and the Corporate Council on Africa (CCA) have spearheaded the inaugural African Virtual Job Fair (AVJF) to support the recruitment needs of U.S. and other international companies and organizations doing business in Africa. The African Virtual Job Fair will draw job seekers from around the globe as well as Africans in the Diaspora for career opportunities with public and private corporations and organizations operating across the continent.
“It’s very addictive – the notion people are walking around in Lagos thinking ‘we can do anything’ … Sometimes it’s laughable, particularly when you look at things through British eyes. But when you see some of these laughable stories come true, you start to question yourself.” — Olumide Bolumole, a Nigerian London-based former employee of hedge fund De Putron Fund, who has returned back to Lagos