TheNewsGuru

Tag: Severance Package

  • EXCLUSIVE: First Bank sacks thousands of employees

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    by

    Olaotan Falade
    in , ,

    Thousands of staff of First Bank of Nigeria, FBN, have been laid-off by the bank, TheNewsGuru.com can authoritatively report. Investigations by TheNewsGuru.com reports that the bank, which began the discreet sack action in August, in virtually all the branches nationwide, targets mostly contract staff that had spent nine years with the bank. TheNewsGuru.com reports that…

  • Chelsea pays Mikel Obi N1.1bn severance package

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    by

    Olaotan Falade
    in

    John Obi Mikel has received the sum of £2million (N1billion) from his former club, Chelsea, as severance package. The Super Eagles captain spent 10 years at the club, before he departed in the January transfer window to sign for Chinese Super League side, Tianjin TEDA. As part of the gesture to appreciate the 29-year-old, the…