The Central Bank of Nigeria (CBN) has reassigned the portfolios of its four deputy governors in a move that took effect on June 1, 2026.
Details published on the apex bank’s official website showed that the changes form part of an internal realignment of responsibilities within the institution.
Under the new arrangement, Philip Ikeazor will oversee the Economic Policy Directorate, while Muhammad Sani Abdullahi has been assigned to Corporate Services. Emem Usoro will now supervise Operations, and Lamido Yuguda will take charge of Financial System Stability.
The reshuffle effectively redistributes oversight of key areas of the bank’s activities, including monetary policy, operational management, corporate administration, and financial sector risk monitoring.
The CBN is headed by Governor Olayemi Cardoso and supported by four deputy governors.
The changes come shortly after the bank’s Monetary Policy Committee concluded its 305th meeting, where members voted to retain the benchmark interest rate at 26.50 per cent.
