200 CBN staff terminated amid organizational restructuring, with more layoffs expected.

200 Central Bank of Nigeria (CBN) staff, including directors and managers, were terminated on May 24, 2024, following 117 dismissals between March 15 and April 11. The bank is undergoing a major organizational and human capital restructuring process, with further layoffs expected. The criteria for these decisions have not been specified, causing apprehension among remaining employees.