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JUST IN: Nigerian Petroleum Regulatory Commission Relocates Depts to Lagos

In a significant move aimed at enhancing efficiency and optimizing resources, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is contemplating the transfer of select departments from Abuja to Lagos. The decision, outlined in an internal memo dated February 14, 2024, aims to streamline operations, reduce costs, and leverage existing infrastructure in Lagos. The memo, obtained […]

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Resumption Of 1,500 Redeployed CBN Staff In Lagos Office Sparks Controversy

In a controversial move, at least 1,500 staff members of the Central Bank of Nigeria (CBN) are set to resume at its Lagos office on February 2, following their redeployment from the headquarters. An insider at the apex bank confirmed that the redeployment plan, despite facing criticism, is still in progress, and the affected staff […]

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Former CBN Governor Sanusi Lamido Sanusi Supports Relocation Move

Sanusi has labeled those opposing the move as “threats to the bank’s future” and underscored the significance of prioritizing the institution’s interests over personal attachments to Abuja. The former CBN Governor alleged that many employees are offspring of politically exposed individuals, who prioritize their lifestyles and businesses in Abuja over their work at the bank. […]