Renmoney lays-off entire direct-sales unit

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Renmoney, on Wednesday laid-off its employees working under the Direct Sales Department.

Blackboxnigeria gathered that, the retrenchment came after the employees were given a directive to work from home, following the novel COVID-19 pandemic.

Renmoney is a fintech lending company operating on a Microfinance Banking License in Lagos, proving loans to individuals and small businesses via its website, contact center, agent network, and branches across Lagos.

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