Lamido Yuguda Nominated as CBN Deputy Governor
Analysis based on 16 articles · First reported Mar 11, 2026 · Last updated Mar 11, 2026
The nomination of Lamido Abubakar Yuguda as Deputy Governor of the Nigeria===Central Bank of Nigeria is expected to be viewed positively by financial markets, signaling continuity and expertise in monetary policy. His extensive experience at the Nigeria===Central Bank of Nigeria and the Nigeria===Securities and Exchange Commission of Nigeria is likely to instill confidence in Nigeria's economic management.
President Bola Tinubu has nominated Lamido Abubakar Yuguda as Deputy Governor of the Nigeria===Central Bank of Nigeria, pending confirmation by the Nigeria===Senate of Nigeria. This appointment follows the elevation of the former Deputy Governor, Bala Bello, to Special Adviser to the President on Political Economy. Lamido Abubakar Yuguda is a seasoned economist and financial expert, having previously served as Director-General of the Nigeria===Securities and Exchange Commission of Nigeria from 2020 to 2024. He also has a long history with the Nigeria===Central Bank of Nigeria, where he began his career in 1984 and rose to Director of the Reserve Management Department before retiring in 2016. His academic background includes a B.Sc. in Accountancy from Ahmadu Bello University and a master's degree in Money, Banking and Finance from the University of Birmingham. President Bola Tinubu expects Lamido Abubakar Yuguda to bring renewed dedication and professionalism to Nigeria's economic stability and growth.
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