Sunday, November 26, 2023


In a surprising move, eight directors at the Central Bank of Nigeria (CBN) have been transferred to the less prestigious Financial Sector Surveillance (FSS) Department in the Maitama office, causing concerns among staff about potential further redeployments or layoffs. 

This shift has sparked speculation about the CBN's need to reorganize its workforce, leading to heightened anxiety among the bank's employees. 

The redeployment, initiated by the new CBN Governor Yemi Cardoso and his team of Deputy Governors, is viewed as part of broader efforts to restructure the apex bank.

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