Restructuring: CBN Sacks 200 Members of Staff

CBN Continues to Restructure, Sacks 50 More Directors, Others

The Central Bank of Nigeria (CBN), has again sacked 50 officials from their positions. Reports say that the latest restructuring adds to a long list of ongoing disengagements in the apex bank and cuts across 29 departments. The termination of appointments affects directors, deputy directors, assistant directors, principal managers, senior managers and lower-ranking staff. According […]

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EFCC Freezes 1,146 Personal and Corporate Bank Accounts

‘Petrol Price to Drop Soon’ – CBN Governor Explains Why

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has projected a fall in the pump price of petrol in Nigeria. Speaking on Wednesday in Lagos during the launch of the Nigerian Economic Summit Group (NESG) 2024 Macroeconomic Outlook Report, Yemi Cardoso based the projection on the coming onboard of refineries in the country. While […]

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HAPPENING NOW ! Senate Screens Cardoso as CBN Governor (video)

The Nigerian Senate is currently screening Olayemi Cardoso, the acting Governor of the Central Bank of Nigeria (CBN), and four others nominated by President Bola Tinubu as deputy governors of the apex bank. Tinubu approved Cardoso’s nomination last week as the new Governor of the Central Bank of Nigeria pending his confirmation by the Senate. […]

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