The Central Bank of Nigeria (CBN) has disclosed issuing N40.67 billion in loans to its staff by December 2022, marking a notable increase of 133.07 percent from the previous year’s N17.43 billion.
The bank’s audited financial statement for 2022 revealed this surge, though specific beneficiary details were lacking. With an employee base of 4,914, down from 10,000 in 1999, CBN’s staff loans come amidst N155.63 billion allocated for staff allowances last year.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2025 All Rights Reserved | Curated and Powered by Nigeria DNA
