CBN Set to Retire 1,000 Employees in Workforce Realignment
The Central Bank of Nigeria (CBN) is reportedly gearing up to retire approximately 1,000 employees as part of a strategic workforce realignment. This move is aimed at streamlining the bank’s operations and improving efficiency.
According to sources, the retirement exercise is part of the CBN’s efforts to reposition itself for better service delivery. The bank is said to be undergoing a comprehensive review of its workforce, with a focus on reducing redundancy and enhancing productivity.
The affected employees are expected to receive their retirement benefits in line with the bank’s policies and procedures. The CBN has assured that the retirement exercise will be carried out in a fair and transparent manner.
The development is seen as a strategic move by the CBN to adapt to changing economic conditions and to improve its overall performance. The bank has been working to strengthen its operations and to better serve the Nigerian economy.
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