Nigeria's Central Bank plans to retire about 1,000 employees by year-end with an exit package.

The Central Bank of Nigeria plans to retire about 1,000 employees by December 31, 2024, at a cost of over N50 billion. This follows the disengagement of 17 directors in the past 10 months. The Early Exit Package (EPP) is open to all staff members, with over 860 already applying. The package offers financial and non-financial incentives based on remaining service periods.

December 02, 2024
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