How Fidelity Bank Fired over 200 Employees

Details have emerged on how Fidelity Bank under the leadership of Nneka Onyeali-Ikpe disengaged over 200 of its employees.

Platforms Africa reports that the bank only handed the sacked workers a paltry N200,000 each as compensation.

Over 200 Fidelity Bank staff in Nigeria received their disengagement letters after attending regional training in certain states, according to reports.

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Nneka Onyeali-Ikpe, MD/CEO of Fidelity Bank Plc

A few weeks after they were invited for “training,” they received their disengagement letter, which was accompanied by their ex-gratia – an amount of N200,000 regardless of years of service.

Some bank employees received a letter in July announcing their selection for training. They arrived home with the news that they had lost their jobs after attending the training.

According to the email sent to each of the laid-off employees, they were required to attend a training on the designated date and at a location based on their workplace’s region. Workers from the South West gathered in Lagos for regional training, while others gathered in Abuja and Kano.

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