BusinessCBN Fires NIRSAL Executive Management Team

CBN Fires NIRSAL Executive Management Team

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August 31, (THEWILL) – The Central Bank of Nigeria (CBN) has fired all the Executive management of the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL).

According to a reliable source, who confirmed the development to THEWILL, one of the affected personnel said the CBN Governor, Mr Olayemi Cardoso, approved the sack on Friday.

The NIRSAL executive management are: Managing Director and Chief Executive Officer, Abbas Umar Masanawa; Kennedy Nwaruh, Executive Director, Operations; and Olatunde Akande, NIRSAL Plc’s Executive Director, Technical.

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