Thursday, November 21

The Central Bank of Nigeria (CBN), under the leadership of Governor Yemi Cardodo, has recently initiated another round of restructuring, resulting in the termination of employment for 40 staff members, primarily from the Development Finance Department (DFD).

According to a report by Daily Trust, the individuals affected include deputy directors and assistant directors, with 22 from the DFD and the remaining 18 from the Medicals and Procurement Services Department.

This recent wave of dismissals comprises eight directors, 10 deputy directors, five assistant directors, two principal managers, and two senior managers, bringing the total number of affected employees to 67.

This action follows a previous round of dismissals where 27 staff members, predominantly directors, were let go by the Olayemi Cardoso-led Board of Governors.

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