Skip to content
Saturday 5 September 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
Business & Economy
Business & Economy

Sack: We’re living in fear – CBN staff cry out

The FrontierThe FrontierApril 11, 2024 3332 Minutes read0

•CBN Governor Yemi Cardoso

Members of staff of the Central Bank of Nigeria (CBN) have disclosed they are living in constant fear over the ongoing sacking since the appointment of Dr Olayemi Cardoso as the governor.

The CBN workers who spoke with our correspondent said no department can be spared in the continued sacking ravaging the apex bank, reports Daily Trust.

The country’s apex bank staff said this in reaction to disengagement of another 50 of their colleagues on Monday.

It was reliably learnt that about 117 people have been shown the way out in the last 20 days, cutting across 29 departments.

The termination of appointments affects directors, deputy directors, assistant directors, principal managers, senior managers and lower ranking staff.

Speaking about the disturbing development, one of the staff said, “We have seen indiscriminate sacking in procurement, development finance and the medical services department. What it means is that other departments will follow soon.

“I am worried that they will come for all those that worked closely with the sacked directors. The apprehension is not good for productivity and it is also bad for the system.

Another senior staff member said: “A lot of people who received their sack letter just kept quiet and left their various offices. They feel helpless by the way the system is structured.”

The CBN under Cardoso has witnessed many changes but in policies and personnel directly away from what his embattled predecessor, Godwin Emefiele, had.

Even the vendors have been grumbling as some who completed their contract to the CBN since last June have their payment kept perpetually in view by the new management.

This has persisted over suspicion that they might have benefitted from the management of Emefiele.

Attempts to get the reaction of the acting Director of Corporate Communication, Hakama Sidi Ali, was not successful as she did not pick her call or return the text messages to her line.

The apex bank has also not responded to nor denied the previous allegations on the issue that were published by this paper.

A senior management source, who does not have the permission to speak on the matter, told our reporter that the sacking spree will continue till the end of April.

Staff affected by the latest development, who also spoke to our correspondent on the condition of anonymity, said the lack of clarity or justification for the sack has made them conclude that they are victims of personal vendetta by Mr Cardoso and the deputy governors.

 

Tags
CBNcry outFearlivingSackstaff
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post Abia State first governor, Ogbonnaya Onu, is dead
next post How to apply for new multi-purpose NIMC card
Related posts
  • Related posts
  • More from author
Business & Economy

Hardship: Young Nigerians shouldn’t be selling their kidneys, says former Vice President Atiku

September 4, 20260
Business & Economy

Nigeria’s economic growth remains fragile – Manufacturers warn

September 4, 20260
Business & Economy

Debates about subsidy removal belated, Nigerians need to start seeing its benefits — Petroleum senior staff association

September 4, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
Inside Akwa Ibom Today

INSIDE AKWA IBOM TODAY: Gov Eno pleased with work progress in Ibom International Hospital

September 4, 20260
Politics

JUST IN: ADC unveils 28 governorship candidates for 2027 election •FULL LIST

September 4, 20260
News

Social media activist VeryDarkMan apologises to security agencies over controversial speech at NBA conference

September 4, 20260
News

FCT minister Wike’s aide clashes with journalist on live TV programme, says ‘I won’t answer questions from you’

September 4, 20260
Sports

BREAKING: Nigeria’s women basketball squad D’Tigress stumble in World Cup opener, lose 99–81 to South Korea

September 4, 20260
News

Police in search for mothers of abandoned babies in Abuja

September 4, 20260
Load more

inside the Hill top newspaper

February 9, 2025

INSIDE AKWA IBOM TODAY: Gov Eno pleased with work progress in Ibom International Hospital

September 4, 2026

JUST IN: ADC unveils 28 governorship candidates for 2027 election •FULL LIST

September 4, 2026

Social media activist VeryDarkMan apologises to security agencies over controversial speech at NBA conference

September 4, 2026

FCT minister Wike’s aide clashes with journalist on live TV programme, says ‘I won’t answer questions from you’

September 4, 2026

BREAKING: Nigeria’s women basketball squad D’Tigress stumble in World Cup opener, lose 99–81 to South Korea

September 4, 2026

inside the Hill top newspaper

0 Comments

INSIDE AKWA IBOM TODAY: Gov Eno pleased with work progress in Ibom International Hospital

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

inside the Hill top newspaper

February 9, 2025
2

Two activists face trial over Lagos anti-demolition protest

January 30, 2026
3

Teachers begin indefinite strike in Ebonyi

February 6, 2025
4

TRAGEDY: Many dead, others injured in Kaduna tanker explosion

August 11, 2025
5

Youngest goal scorers across Europe’s five big leagues •FULL LIST

March 16, 2026
6

SDP expels national chairman, youth leader, others

October 23, 2025
Popular
1

inside the Hill top newspaper

February 9, 2025
2

JUST IN: Supreme Court throws out Tonye Cole’s appeal, affirms Fubara as Rivers governor

January 25, 2024
3

Governor Dapo Abiodun orders probe into Ajuwon building collapse

July 28, 2026
4

BREAKING: Meranda missing as impeached Speaker Obasa presides over Lagos Assembly plenary

February 27, 2025
5

More trouble for PDP as Anyanwu, Okoye’s supporters clash at Board of Trustees meeting

January 29, 2025
6

NY Attorney General indicted for fraud

October 10, 2025

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

inside the Hill top newspaper

February 9, 2025

Nigeria’s newly acquired presidential jet flown to South Africa for refitting & repainting

May 9, 2025

Madagascar receives skull of beheaded king returned by France

September 2, 2025

Fear grips teachers after colleague’s murder by student

December 2, 2023

ROMANCE GONE SOUR: My husband has failed to satisfy me sexually

November 15, 2025
Top posts

Categories

  • News4989
  • Politics4651
  • Crime4458
  • International3086
  • Sports2493
  • Business & Economy2295
  • Headlines2239
  • Education1388
  • Matilda Showbiz999
  • Health890
  • Entertainment827
  • Africa588
  • Religion486
  • Environment375
  • Special277
  • Info Tech247
  • Arts & Culture240
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today209
  • Interview188
  • Opinion154
  • EyeCare with Dr Priscilia Imade132
  • World Cup 202695
  • Advert35
  • Trends23
  • Epistles of Anthony Kila19
  • Local News5
  • The Surge1

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact