By Abuja, Nigeria
President Bola Ahmed Tinubu has approved the nomination of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), subject to confirmation by the Nigerian Senate.
The nomination, announced in a statement on Wednesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, is in accordance with Section 8(1) of the CBN Act, 2007. Yuguda’s nomination follows the recent appointment of the former CBN Deputy Governor, Bala Bello, as Special Adviser to the President on Political Economy.
President Tinubu charged Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth. Yuguda previously served as Director-General of the Securities and Exchange Commission Nigeria from 2020 to 2024.
He is an alumnus of Ahmadu Bello University, where he obtained a Bachelor of Science degree in Accountancy in 1983. In 1991, he earned a Master’s degree in Money, Banking and Finance from the University of Birmingham.
Yuguda is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a Chartered Financial Analyst (CFA) charterholder. He began his career at the CBN in 1984 as a Senior Supervisor in the Foreign Operations Department.
Between 1997 and 2001, he served as an economist in the Africa Department of the International Monetary Fund (IMF). Yuguda returned to the CBN in 2001 and later retired in 2016 after serving for six years as Director
