restructuring
CBN Splashes N306bn on Severance, Staff Costs
The Central Bank of Nigeria (CBN) has confirmed that it spent a staggering N306.63 billion on staff-related expenses in 2024, marking an unprecedented spike of over 700% from the N37.7 billion recorded in the previous year. This massive outlay was primarily driven by severance payments and staff benefits under its Early Exit Programme (EEP), as […]