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2021: Banks to walk a tightrope amid low revenue environment

TODAY January 11, 2021 Nigeria’s deposit money banks (DMBs) must brace up for the challenge of 2021 that might tax their resolve to remain in business. Reason: the industry is faced with a tougher operating environment that could threaten the operators’ ability to meet their stakeholders’ needs and expectations yet perform meaningful corporate social responsibility roles. Their valuable customers such as high net-worth individuals, corporate bodies and other institutions are equally challenged. In his book, Business Stripped Bare, celebrated iconic entrepreneur and founder of the Virgin Group, Richard Branson, says, “without trustworthy banks, there can be no business, no employment, no money.

Lessons From Wistron- Business News

IPhone Manufacturing Facility Violence: Fault Lines Run Deep Among Contract Workers

iPhone manufacturing facility violence: Fault lines run deep among contract workers At Wistron s iPhone manufacturing facility in Karnataka, property and goods worth crores were vandalised. Payment delays and the failure of the company to resolve the issue are believed to be triggered the violence. December 15, 2020 / 02:54 PM IST Close to 1,500 people were involved in the violence on December 12 at the iPhone manufacturing facility of Wistron Corporation in Naraspura, Karnataka. It was the start of another busy day at the iPhone manufacturing plant of Taiwan tech giant Wistron Corporation in Karnataka’s Naraspura on December 12. The night shift workers were about to leave when violence broke out.

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