Yemi Cardoso sacks eight CBN directors and 32 other staff

The governor of Central Bank of Nigeria (CBN), Yemi Cardodo has sacked a fresh batch of 40 staff mostly from the Development Finance Department (DFD), in furtherance of its ongoing restructuring.

According to Daily Trust, deputy directors and assistant directors were mostly affected with 22 from the DFD and the remaining 18 from the Medicals and Procurement Services Department.

Amongst those affected were eight directors, 10 deputy directors, five assistant directors, two principal managers, and two senior managers.

With the latest number of affected staff, the total has now reached 67, in what appears to be a series by the Olayemi Cardoso-led Board of Governors.

Recall that not less than 27 members of staff, most of them directors at the Central Bank of Nigeria, were affected by the first batch of dismissals.

Last updated: Just Now2025-11-17T11:31:19+01:00

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