₦airaland Forum

The more technologically advanced a society becomes, the more redundant traditional skills become. So new sets of skills are always required. This may explain perfectly what is happening in the Nation's employment market generally, not just the banks alone.

Orikinla:
The Nigerian economy is not why a couple of banks are sacking hundreds of workers, but redundancy.

Digital technology has revolutionized modern banking operations and left many of the workers redundant. I hardly go to the banking halls, because I use my mobile phone to do several bank transactions and use the nearest ATM for cash withdrawal. So, banks don't need to employ many people again.

...CBN are to be blamed for this foreign exchange rate and not the banks...@yvonne001 its not only ecobank, my bank also did similar to me, its general issue which is to be solve by CBN but Finance Minister is currently working on a solution to it.