Breaking: President Tinubu Names Lamido Abubakar Yuguda As Deputy Governor Of CBN

President Bola Ahmed Tinubu has approved the nomination of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), pending confirmation by the Senate.....KINDLY READ THE FULL STORY HERE▶

The appointment is made in line with Section 8(1) of the Central Bank of Nigeria Act, 2007.

According to a statement shared with Naija News on Wednesday by Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, Yuguda’s nomination follows the recent reassignment of the former Deputy Governor, Bala Bello, who was appointed Special Adviser to the President on Political Economy.

The President tasked the new appointee to execute his duties with renewed dedication, professionalism, and commitment to strengthening Nigeria’s economic stability and growth.

Prior to this appointment, Lamido Yuguda served as Director-General of the Securities and Exchange Commission from 2020 to 2024.

He is an alumnus of Ahmadu Bello University, graduating in 1983 with a B.Sc. in Accountancy, and earned a master’s degree in Money, Banking, and Finance from the University of Birmingham, United Kingdom, in 1991.

Yuguda is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder. He began his career at the Central Bank of Nigeria in 1984 as a Senior Supervisor in the Foreign Operations Department.

He also served as an economist in the Africa Department of the International Monetary Fund between 1997 and 2001 before returning to the CBN. He retired from the Bank in 2016 after six years as Director of the Reserve Management Department.