Hi guys, i heard something i don't want to believe untill people can confirm it. pls help

Hey

I hope the information is false like everyone and I think it is propably will be false,because if it is true it has serious implications for Intercontinetal and the bank secotor in particular and then raise the issue of trust in banks and the strrenght of the whole economy(to a certain extent)

It may be that they haven't paid some very few selected staff for some reasons or this rumor is being spread by a disgruntled employee or another bank(highly unlikely) who is a competitor.

Firstly all the banks are supposed to be doing well, they all have at least capital base of 25B Naira and all making insane profits.

If they don't pay their staff, then the staff would simply either go on industrial action or even loot the banks if they are criminally minded.

Anyway thanks for the info, if it is true may i go take the small change i got there.

Don't worry CBN will sort them out or the NSE or the market will react and deal with them