Another Nigerian Bank Slashes Staff Salaries By 50%?

According to an insider who works with HERITAGE BANK, the bank management has cu their pay by half since last month. And there is no room for discussion, it's either you take it or you resign. 

They were told by some top men in the management that Heritage Bank took the decision so as not to sack anybody and also to stay afloat. Things are really getting interesting (tight) in Nigeria.