Fg orders banks stop retrenchment

It seems like you're referring to a news article or a recent development. FG stands for Federal Government, and it appears that the government has ordered banks to stop retrenchment.

For those who may not be aware, retrenchment refers to the process of laying off employees, usually due to financial constraints or restructuring. In this case, the Federal Government has instructed banks to halt this process, likely to mitigate the impact of job losses on the economy and society.

This decision may be a response to concerns about the rising unemployment rate, economic instability, or other factors. By stopping retrenchment, the government aims to protect the livelihoods of bank employees and maintain economic stability.

Would you like me to provide more information on this topic, such as the reasons behind the government's decision or the potential implications for the banking industry and the economy?