ADUpdating your news feed...

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

























Loading banners
Loading banners...


CBN Governor, Yemi Cardoso
At least 14 of the 17 directors who initially survived the ongoing purge at the Central Bank of Nigeria (CBN) have been sacked.
Since he took over the apex bank, Yemi Cardoso has embarked on major reforms, which include pruning the staff number.
Daily Trust had reported how some senior staff of the bank from the era of Godwin Emefiele were spared in the massive retrenchment which began in March.
However, they were recently shown the exit door.
The total number of affected staff is nearly 600, according to CBN sources who revealed that virtually all those working in the Governor’s Directorate have been sacked.
It was learnt that the engagement letters of additional 200 have been signed, and would be issued to the affected staff in the coming days.
Below is a list of affected directors:
Clement Oluranti Buari, Director, Strategy Management
Dr Blaise Ijebor, Director, Risk Management
Lydia Ifeanyichukwu Alfa, Director, Internal Audit
Jimoh Musa Itopa, Director, Capacity Development
Muhammad Abba, Director, Human Resources
Rabiu Musa, Director, Finance
Dr Mahmud Hassan, Director, Trade & Exchange
Dr Ozoemena S. Nnaji, Director, Statistics
Dr Omolara Duke, Director, Financial Markets
Chibuike D. Nwaegerue, Director, Other Financial Institutions Supervision
Chibuzo A. Efobi, Director, Payments System Management
Haruna Bala Mustafa, Director, Financial Policy and Regulation
Rakiya Shuaibu Mohammed, Director, Information Technology
Benjamin Nnadi, Director, Reserve Management. (Daily Trust)