•By Halimah Olamide
The Central Bank of Nigeria (CBN), has announced the movement of some of its departments to Lagos State.
It was gathered that this action is attributed to decongesting the head office in the Federal Capital Territory (FCT), Abuja.
The departments that have been noted for relocation by the CBN governor, Yemi Cardoso include; Banking Supervision, DBS; Other Financial Institutions Supervision, OFISD; Consumer Protection Department, CPD; Payment System Management Department, PSMD and; Financial Policy Regulations Department, FPRD.
It was also gathered that 1,533 staff would be affected by the massive redeployment.
“The affected departments are the major departments of the CBN.
“They are the only departments mentioned in the BOFIA Act [Banking and Other Financial Institutions Act]”