Disengaged CBN staff sue apex bank over mass layoff, demand fair compensation

A legal battle is brewing between the Central Bank of Nigeria (CBN) and its former employees, who were dismissed in a series of mass termination of appointments earlier in 2024.

The retrenched staff alleged that the apex bank violated internal policies, Nigerian labour laws, and their contractual rights.

Represented by Stephen Gana and 32 others, the claimants filed a class-action lawsuit at the National Industrial Court of Nigeria (NICN), Abuja.