Ecobank has begun moves to effect the mass sack of staff of their newly acquired Oceanic Bank.

Our sources revealed that some staff of Oceanic Bank were handed their disengagement letters today while others will

be given theirs tomorrow. Those still awaiting their sack letters were asked to await calls from their zonal offices.

This step – the second in a month to be taken by a major financial institution – will aid in increasing the number of

Nigerians out on the streets searching for jobs. It will be recalled that Access Bank recently embarked on a mass

sack that affected over 1500 staff of former Intercontinetal Bank which was acquired by the former.

God save my friends.