Nigeria's central bank is reshuffling its leadership. The redeployment takes effect June 1, 2026.
Philip Ikeazor moves to Economic Policy. Muhammad Sani Abdullahi now heads Corporate Services.
Emem Usoro takes the Operations portfolio. Lamido Yuguda assumes responsibility for Financial System Stability.
The shake-up comes at a critical moment. It reflects major reforms in monetary and financial policy.
Governor Olayemi Cardoso oversees four deputy governors at the apex bank. Each reassignment targets specific institutional strengths.
Days before the redeployment, the Monetary Policy Committee held its 305th meeting. The committee kept interest rates steady at 26.50 percent.
The moves align experienced officials with key oversight areas. Policy, operations, administration, and risk management now have clear leadership.
