Nigeria: As Banks Cut Jobs Amid Covid, CEOs Retained Over N1.7 Billion As Pay

21 September 2021

While Zenith's Ebenezer Onyeagwu took a pay rise of more than four per cent, Innocent Ike of Polaris took N19 million cut.

The CEOs of 11 commercial banks out of the 13 listed on the Nigerian Exchange Limited as well as those of two unlisted banks earned N1.7 billion between them in executive pay for 2020.

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