Cardoso Sacks Eight CBN Directors, 32 Others

Published

2 years ago

April 8, 2024

Eric

Governor of Central Bank of Nigeria (CBN), Yemi Cardodo, has sacked a fresh batch of 40 staff mostly from the Development Finance Department (DFD), in furtherance of its ongoing restructuring.

According to Daily Trust report, deputy directors and assistant directors were mostly affected with 22 from the DFD and the remaining 18 from the Medicals and Procurement Services Department.

Amongst those affected were eight directors, 10 deputy directors, five assistant directors, two principal managers, and two senior managers.

With the latest number of affected staff, the total has now reached 67, in what appears to be a series by the Olayemi Cardoso-led Board of Governors.

Recall that not less than 27 members of staff, most of them directors at the Central Bank of Nigeria, were affected by the first batch of dismissals.

Court Grants Malami, Family N200m Bail

Published

8 hours ago

March 6, 2026

Eric

Justice Joyce Abdulmalik of the Federal High Court sitting in Abuja has granted bail to the former Attorney General of the Federation Abubakar Malami, his son Abdulaziz Malami, and his wife Asabe Bashir in the sum of N200 million each and two sureties in like sum.

As part of the bail conditions, one of the sureties is to deposit title deeds of properties in highbrow Maitama or Asokoro.

The defendants have been ordered to deposit their international passports with the court.

They are to remain in the custody of the Nigerian correctional service pending perfection of their bail conditions.

Justice Abdulmalik subsequently adjourned the matter until March 16 for the commencement of the trial.

News

IGP Disu Removes Benjamin Hundeyin As FPRO

Published

1 day ago

March 5, 2026

Eric

The Inspector General of Police, Tunji Disu, has reportedly removed Benjamin Hundeyin as the Force Public Relations Officer (PRO) and replaced him with a new appointee, though the name hasn’t been officially announced.

Hundeyin was previously serving as the Lagos Command PRO before being promoted to the national role.

This move comes as part of Disu’s efforts to revamp the Nigeria Police Force and improve its public image.

As the 23rd IGP, Disu has emphasized professionalism, accountability, and transparency, warning officers that there will be no tolerance for misconduct or abuse of power.

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Assets Declaration: Court Dismisses NDLEA’s Case Against Abba Kyari

Published

1 day ago

March 5, 2026

Eric

The Federal High Court in Abuja on Thursday, dismissed a case filed by the National Drug Law Enforcement Agency (NDLEA), against suspended DCP Abba Kyari on allegations bordering on non-disclosure of assets.

Justice James Omotosho dismissed the suit, filed against Kyari and his younger brothers, Mohammed Kyari and Ali Kyari, for failure of the anti-narcotic agency to prove its case beyond reasonable doubt.

The judge held that the burden of proving a case beyond reasonable doubt falls in the prosecution which it had failed to do so.

The ruling covers only asset declaration allegations. Other cases including drug related offences are still ongoing.