Gambia Orders Banks to Phase Out Non-Gambian Staff

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Gambia Orders Banks to Phase Out Non-Gambian Staff

BANJUL — The Central Bank of The Gambia has directed commercial banks to phase out foreign employees who are not covered by approved expatriate quotas by the end of the year. The directive, in a letter dated 19 September, affects the Gambian subsidiaries of several Nigerian banks, including First Bank, Zenith, Access, Ecobank and GTB. The central bank cited the country's 2023 Labour Act.

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