Why CBN sacked more directors as NDIC moves to liquidate banks

• The Central Bank of Nigeria (CBN) has sacked more directors at its NIRSAL microfinance bank
• The apex bank said the action is an ongoing effort to reduce the staff and embark on organisational restructuring
• The affected staff include the managing director of NIRSAL, the technical director and others

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

The Central Bank of Nigeria (CBN) has terminated the appointments of directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL).

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