President Bola Ahmed Tinubu has nominated Lamido Abubakar Yuguda as deputy governor of the Central Bank of Nigeria, subject to confirmation by the Senate.
The presidency said the nomination was made in line with Section 8(1) of the Central Bank of Nigeria Act, 2007.
Yuguda’s nomination follows the appointment of the former deputy governor, Bala Bello, as special adviser to the president on political economy.
Tinubu urged both officials to carry out their duties with 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 graduated from Ahmadu Bello University in 1983 with a bachelor’s degree in accountancy and later obtained a master’s degree in money, banking and finance from the University of Birmingham in 1991.
Yuguda is a fellow of the Institute of Chartered Accountants of Nigeria and a charterholder of the Chartered Financial Analyst programme.
He began his career at the Central Bank of Nigeria in 1984 as a senior supervisor in the Foreign Operations Department and later worked as an economist in the Africa Department of the International Monetary Fund between 1997 and 2001.
Yuguda returned to the CBN afterward and retired in 2016 as director of the Reserve Management Department after six years in the role.
