Connect with us
Padiwise Banner

Breaking News

Tension At CBN As Cardoso Sacks Eight Directors Who Worked With Emefiele



Eight directors at the Central Bank of Nigeria (CBN) who worked closely with the former governor, Godwin Emefiele, have been served early retirement letters.

The move, Naijaloaded understands, was approved by the current CBN governor, Yemi Cardoso.

The directors, some of whom were initially redeployed to an arm of the bank, FSS 2020 under the Governor’s Directorate, whose office is located in the Maitama District of Abuja since 24th November 2023, and kept in a sort of pool to await “further directives”, are being asked to exit the CBN.

Sources say that some of the directors had already been served the disengagement letters since Friday, but could not state clearly under what terms were those affected disengaged.

“We don’t know whether they were given early retirement or their appointments were terminated outright”, a source told DailyTrust on the condition of anonymity.

Although sources could not confirm if those being served early retirement letters have been found guilty of any offences, they said main reason for the sack of the affected officials, according to most of our sources, was “because they had worked very closely with the immediate past governor of the bank, Mr. Godwin Emefiele”.

The decision has raised great concern amongst staff of the CBN, who fear that it could be a prelude to more layoffs by the current management.

Recall that the CBN had relocated no fewer than 150 staff of the Banking Supervision Department (BSD), which is one of the 29 departments of the bank to Lagos.

The move had generated mixed reactions across the country, with many alleging that it was an attempt to dislodge staff who are northerners from the institution.

But the CBN dismissed those insinuations, insisting that it was part of a proper reorganization of the bank, to ensure that the regular onsite examination of the 24 banks in the country were diligently carried out, since most of those national and regional banks are headquartered in Lagos.

It also adduced as part of the reason for the relocation, the desire to de-congest the corporate headquarters of the bank.

It was widely alleged that many politicians had abused their privileges during the Buhari Administration to secure appointments for their children and relations in the CBN.

Meanwhile, some of the directors affected in the latest action of the current management of the CBN have threatened to challenge the decision, while others have said they will accept the sack as the CBN has become a ‘poisonous working environment.’

The post Tension At CBN As Cardoso Sacks Eight Directors Who Worked With Emefiele appeared first on Naijaloaded | Nigeria’s Most Visited Music & Entertainment Website.

Disclaimer: We sell any type of script/themes/plugins, we also offer web design/developement, graphics design, SEO, Social media followers, VTU Platform and more. visit our contact page to get in touch with us or WhatsApp (+234) 08114313795.
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Entertainment1 week ago

Purple Speedy Loses 7.8 Million Followers on TikTok As Her Account Get Suspended 

Nigerian Tiktoker and dancer , Purple Speedy, known for her contagious energy and trendsetting dance moves, finds herself in the...

Entertainment2 weeks ago

5 Benefits of Buying Gold Bars in an Economic Downturn

It’s estimated that 10.8% of Americans own gold. It shouldn’t come as a surprise that the precious metal we’ve used as currency...

Entertainment2 weeks ago

How Will Unemployment Benefits Affect My Taxes?

How are you coping with unemployment? In economic uncertainty, many individuals rely on unemployment benefits. This financial lifeline helps cover...

Entertainment2 weeks ago

6 Essential Questions to Ask Your Interior Renovation Contractor

Embarking on an interior renovation project can be exciting, but it also comes with the responsibility of ensuring the job is done...

Entertainment2 weeks ago

The Benefits of Using a VA Back Pay Calculator

Are you a veteran who wants to make sure you receive the full amount of your VA benefits? Look no...

Entertainment2 weeks ago

10 Things To Know About Big Brother Naija All Stars Winner, Ilebaye

Meet Ilebaye Precious Odiniya, the victorious Big Brother Naija All Stars winner, who emerged triumphant in the reality TV show,...

Entertainment2 weeks ago

What You Need To Know About Keke Wyatt’s World, A New TV Series On We tv

In an exciting announcement last Wednesday, the network revealed Keke Wyatt’s World, a captivating series starring the talented singer-songwriter and...

Entertainment3 weeks ago

100 of the Most Expensive Dog Breeds in the World

Did you know that some dog breeds are known to come with a hefty price tag? These luxury and exclusive...

Entertainment3 weeks ago

How to Get Rich as a Woman: The Ultimate Guide

Getting rich is a dream of millions of people across the United States, and building wealth starts with learning and...

Entertainment3 weeks ago

25 Highest Paying Jobs in America in 2024

Everyone is always looking to earn the most money possible when it comes to their hourly jobs or full-time careers....