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Recapitalisation: MfBs canvass regulatory support to attract investors

Mass sack: Labour, banks face-off takes new twist

THE lingering industrial dispute between organized labour and employers in the banking sector over recent mass sack of workers has taken a new twist as the National Union of Electricity Employees, NUEE, has threatened to withdraw its over two billion naira fund in three major banks in the country over recent mass retrenchment of workers and alleged refusal to allow their workers to join union as guarantee in Nigeria’s constitution.

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