Abuja people will buy adire for 16k, sew it and sell it for 130k, buy medium ankara for 30k+, sew it and then sell it for 250k.. buy lace for 130k, sew it and sell it for 370k and this isn’t even only happening in abuja these days.. in some northern states too.. this is pure rip off!!!
President Bola Ahmed Tinubu has given his approval for Lamido Abubakar Yuguda to be appointed as Deputy Governor of the Central Bank of Nigeria.
Education
- https://t.co/G1tnIm0c3W. in Money, Banking and Finance – University of Birmingham, United Kingdom (1991)
- https://t.co/2wihLH2iaj. (Honours) in Accountancy – Ahmadu Bello University, Zaria, Nigeria (1983)
Professional Experience
Central Bank of Nigeria (CBN)
- Director, Reserve Management Department (2010–2016)
Led teams responsible for managing and diversifying Nigeria's foreign exchange reserves, implementing risk-aware investment strategies, and growing reserve assets significantly through disciplined portfolio management (cash, fixed-term deposits, foreign government treasury bills, etc.).
- Various Senior Roles (2001–2010)
Focused on restructuring and diversifying the CBN's foreign exchange reserve portfolio post-return from IMF.
- Senior Manager, Investment Office, Foreign Operations Department (1992–1997 onward progression)
Handled external debt service payments and investment of external reserves in liquid, high-quality assets.
- Earlier Assignments (1984–1992)
- Senior Supervisor, Foreign Operations Department (1984): Maintained Nigeria’s external debt records.
- Banking Supervision Department (1985): Worked on prudential regulation, bank licensing, and oversight.
- Debt Conversion Committee Secretariat (1988): Pioneer staff managing the Nigerian Debt Conversion Programme.
International Monetary Fund (IMF), Washington DC
- Economist, Africa Department (1997–2001)
Assessed economic policies and managed balance-of-payments support programs for IMF member countries in Africa.
Securities and Exchange Commission (SEC) Nigeria
- Director-General (2020–2024)
Oversaw regulation and development of Nigeria's capital markets, driving reforms, investor protection, and market integrity initiatives. (Succeeded in 2024; previously served as a Board Member.)
Other Affiliations
- Non-Executive Director, Africa Finance Corporation (AFC)
- Non-Executive Director, Premium Pension Limited
- Attended executive leadership programs at Harvard, INSEAD, IMD, Saïd Business School (Oxford), Wharton, Haas, Kellogg, Chicago Booth, and London Business School.
Professional Qualifications & Certifications
- CFA Charterholder (Chartered Financial Analyst)
- Fellow, Institute of Chartered Accountants of Nigeria (FCA, ICAN)
- Fellow, Chartered Institute of Bankers of Nigeria (FCIBN)
- Certificate in Financial Asset Management and Engineering – Swiss Finance Institute, Geneva, Switzerland
- Certificate in Investment Performance Management – CFA Institute, Charlottesville, Virginia, USA
Key Skills
- Reserve asset and foreign exchange portfolio management
- Monetary and economic policy analysis
- Financial regulation and
Layla Ali Othman has opened a new orphanage home, The Oasis, in Abuja under her Layla’s Way Foundation. The center provides shelter, education, and healthcare for orphans and abandoned children.
May Allah bless her efforts and make The Oasis a place of hope and transformation.🙏🏼
The passing away of a legend, the former Nigerian President Muhammadu Buhari, May Allah have mercy on his soul, brought me to tears!
He was an upright man, who never missed his prayers and a very disciplined believer who served his people to the best of his ability. His name was synonymous with integrity.
He was definitely one of those who made me develop a much better perception of Nigerians as a people.
May Allah Almighty forgive your shortcomings and grant you the highest ranks of Jannah. Aameen.
May Allah Almighty make it easy for his family, friends and the nation of Nigeria.
Yesterday, I paid an advocacy visit to His Excellency, my dear husband, to strongly appeal for the approval of six months paid maternity leave for working mothers in Zamfara State.
You see the accident that claimed the life of those 3 boys (Yusuf Attahir, Yusuf Tahir & Muhammad Attahir)?! It could have been any one of us ..literally. Lokacin su ne yayi kuma Allah ya jikan su ya basu Aljannah Firdaus but you see the rot this country is in …
May we never commit acts that will leave our loved ones in the Barzakh feeling ashamed. SubhanAllah. May Allah guide us and keep us steadfast. Ameen. 🤍