By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

CBN Sacks 200 Staff Members, more to go

Last updated: May 25, 2024 5:57 am
2 years ago By Lanre Babalola
Share
2 Min Read
AIT IMAGES 11
CBN Governor, Yemi Cardoso

About 200 staff of the Central Bank of Nigeria, CBN were on Friday relieved of their duties.

The sack is in  addition to the long list of ongoing disengagements in the apex bank.

Between March 15 and April 11, 2024, 117 staff were sacked by the bank

This time, the termination of appointments affects Directors, Deputy Directors, Assistant Directors, Principal Managers, Senior Managers and lower-ranking staff.

According to source from the Apex bank,  those sacked are not less than 200 and part of the affected persons were older Directors who were not affected by the last round of retrenchment noting that additional dismissals are expected in the months ahead and will spread out across staggered phases.

MUST READ: Football: Edo Queens Tops The Table After Match Day 4 Action Of NWFL Super 6

In February, at least 1,500 members of staff of the Apex bank were redeployed from the headquarters in Abuja to the Lagos office.

At the time, the CBN said the action was necessitated by several factors, including the need to align the bank’s structure with its functions and objectives and redistribute skills to ensure a more even geographical spread of talent.

It added that it was also in compliance with building regulations, as indicated by repeated warnings from the facility manager, and the findings and recommendations of the Committee on Decongestion of the CBN Head Office.

Efforts to get reaction from the bank’s Director of Corporate Communication, Hakama Sidi Ali, have not been successful

(Editor: Terverr Tyav)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • $13B in African Power Investment Is Waiting – Proven Sponsors Can Deliver March 17, 2026
  • Pan African Visions Previews Basketball Africa League (BAL) Season 6 in Exclusive Interview with Basketball Africa League President Amadou Gallo Fall March 17, 2026
  • Junior Achievement Africa (JA Africa), Union Chrétienne de Jeunes Gens (YMCA) and Boeing Empower Future Entrepreneurs in Togo March 17, 2026
  • Sustaining vaccine gains through stronger rotavirus surveillance in Ghana March 17, 2026
  • Minister of Health and World Health Organization (WHO) Representative visit Lakes and Warrap States to bolster health service delivery March 17, 2026

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?