EIU Reports Dangote Refinery Reducing Nigeria’s Reliance on Fuel Imports and Boosting Forex Earnings
Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, don carry out leadership reshuffle wey affect the four deputy governors, as part of effort to improve policy coordination and strengthen regulatory oversight.The changes start from June 1 and don already reflect on the bank official structure, with each deputy governor moving to new strategic role.
Under the new arrangement, Muhammad Sani Abdullahi move from Economic Policy Directorate go head Corporate Services, while Philip Ikeazor take over Economic Policy.Emem Usoro shift from Corporate Services go handle Operations Directorate, and Lamido Yuguda move from Operations go lead Financial System Stability.
This redeployment dey happen as CBN dey push wider reform agenda, including controlling inflation, strengthening financial system resilience, supporting bank recapitalisation, and rebuilding investor confidence in Nigeria financial markets.
Philip Ikeazor, wey now head Economic Policy, bring over 30 years experience from commercial banking, including leadership roles for Union Bank, UBA, Ecobank, and Keystone Bank.Him experience across African markets like Kenya and Uganda go help shape policy direction.
Abdullahi, now in charge of Corporate Services, na experienced development economist wey don work with Kaduna State government, United Nations, and World Bank.Him background for economic planning and governance span more than 20 years.
Lamido Yuguda, wey now oversee Financial System Stability, get deep experience for regulation, including former role as SEC director-general and membership of CBN Monetary Policy Committee.Emem Usoro, wey now lead Operations, also bring strong banking background from UBA and other senior roles.
Overall, the reshuffle show say CBN dey reposition its leadership team to better manage economic challenges and ensure stronger financial system oversight.
Full reading at Businessday NG