ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, July 24, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
Home Top Stories

Major Controversy As CBN Abuja Office Decongestion Affects 1,533 Staff

there is a growing concern among workers as the Central Bank of Nigeria, CBN, commenced the decongestion of its head office in Abuja, affecting 1,533 staff.

by NewsOnline Nigeria
January 14, 2024
in Top Stories
0
Zuldal Microfinance Bank

CBN

 CBN Abuja Office decongestion affected 1,533 Staff leading to a major controversy in the apex bank.

 

NewsOnline Nigeria reports that there is a growing concern among workers as the Central Bank of Nigeria, CBN, commenced the decongestion of its head office in Abuja, affecting 1,533 staff.

 

This Nigeria news platform understands that a circular dated January 12, 2024, signed by the Director of the Human Resources Department of CBN to all staff, said the move was necessitated by safety concerns and the need to boost efficiency.

 

ALSO: Disquiet As Yemi Cardoso Move To Relocate Major CBN Departments Back To Lagos

 

According to the apex bank, the action plan focuses on optimizing the utilization of other banks’ premises.

 

It added that the headquarters occupancy level of 4,233 significantly exceeds the optimal capacity of 2,700 for the head office building.

 

Consequently, 1,533 staff will be transferred from its head office to other CBN facilities within Abuja and Lagos and understaffed branches.

 

To this end, about 80 per cent of the Banking Supervision Department of the CBN staff have been transferred to Lagos State.

 

The official reason is that the head offices of the banks they’re supposed to supervise are located in Lagos, while a small number of staff members from the Department are left behind in Abuja.

 

“This is to notify all staff members at the CBN Head Office that we have initiated a decongestion action plan designed to optimize the operational environment of the Bank.

 

“This initiative aims to ensure compliance with building safety standards and enhance the efficient utilization of our office space.

 

“This action is necessitated by several factors, including the need to align the Bank’sBank’s structure with its functions and objectives, redistribute skills to ensure a more even geographical spread of talent and comply with building regulations, as indicated by repeated warnings from the Facility Manager, and the findings and recommendations of the Committee on Decongestion of the CBN Head Office Building,” it stated.

 

However, the development sent a shockwave of uncertainties among staff who faulted the move.

 

A staff member who spoke under anonymity said, “The move is ill-planned. How does the management want those married to cope with the situation?”

 

Another source said, “I doubt the motive of the management. The decision has been made. Likely, the government is shifting attention to Lagos.”

Previous Post

Daily Black Market Dollar to Naira Exchange Rate Tracker, 14 January 2024

Next Post

BBC Exposes Six Formats Late Prophet TB Joshua Used To Perform Fake Miracles (FULL LIST)

Next Post
Prophet TB Joshua

BBC Exposes Six Formats Late Prophet TB Joshua Used To Perform Fake Miracles (FULL LIST)

Trending Stories

Zuldal Microfinance Bank

Major Controversy As CBN Abuja Office Decongestion Affects 1,533 Staff

INEC

INEC Opens 2026 Recruitment Portal, Invites Applications for Entry-Level Jobs

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

Abacha

Ex-DSS Officer Claims Abacha Died During Intimate Encounter, Reveals Woman’s Alleged Confession in New Memoir

Tinubu Drug Allegation Documents

Tinubu Drug Allegation Documents Sent to Trump Administration by Atiku-Hired US Firm

OnlyFans Sex Videos Of Anita Brown

Watch OnlyFans Sex Videos Of Anita Brown, Davido’s New Baby Mama

Jass Param Kaur Viral Video

WATCH Jass Param Kaur Viral Video Trending On Twitter, YouTube And Reddit

CBN

CBN Fails to Publish Annual Financial Statements Since 2022 Despite Legal Requirement

2Baba

2Baba Breaks Silence on Viral Reunion Video With Ex-Wife Annie Idibia

Ifunanya Lawyer Leaked Video

Ifunanya Lawyer Leaked Video Goes Viral On Twitter, Reddit, Instagram, Youtube

Latest Stories

Nigerian Army

Tinubu Approves Expansion of Nigerian Army to 12 Divisions, Orders Recruitment of 20,000 Soldiers

CBN

CBN Fails to Publish Annual Financial Statements Since 2022 Despite Legal Requirement

Abacha

Ex-DSS Officer Claims Abacha Died During Intimate Encounter, Reveals Woman’s Alleged Confession in New Memoir

Oyo School Kidnap Suspects

BREAKING: Court Sentences Three Oyo School Kidnap Suspects to Life Imprisonment for Terrorism Links

2Baba

2Baba Breaks Silence on Viral Reunion Video With Ex-Wife Annie Idibia

Tinubu Drug Allegation Documents

Tinubu Drug Allegation Documents Sent to Trump Administration by Atiku-Hired US Firm

Nigeria’s 2025 Licensing Round

31 Companies Win 37 Oil and Gas Blocks in Nigeria’s 2025 Licensing Round (FULL LIST)

Oil Blocks

BREAKING: FG Returns 13 Oil Blocks to Licensing Pool After Failing to Attract Bids in 2025 Round

Abacha

Abacha Died During Intimate Sexual Encounter, Not Poisoning, Ex-DSS Director Dennis Amachree Claims

PFIPC,CBN PFIPC accounts,Femi Gbajabiamila,ICPC investigation,Presidential Foreign Investment Promotion Council,Yusuf Gagdi,Didi Walson-Jack,PFIPC scandal,Bola Tinubu,Nigeria political news

PFIPC Probe: CBN Confirms Opening Foreign Currency Accounts for Fake Agency

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria