NSITF WANTS DIGITAL TRANSFORMATION TO ALSO IMPACT ON WORKERS' SOCIAL PROTECTION IN AFRICA. (PHOTO).

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 NSITF WANTS DIGITAL TRANSFORMATION TO ALSO IMPACT ON WORKERS' SOCIAL PROTECTION IN AFRICA The Nigeria Social Insurance Trust Fund has urged African businesses adopting Artificial Intelligence (AI) to link digital transformation directly with worker welfare and social protection. Speaking at the launch of a free Micro, Small, and Medium Enterprises (MSMEs) AI Master Training Programme at the UN House in Abuja, NSITF Managing Director, Oluwaseun Faleye, emphasized that technology alone cannot guarantee business resilience if workforce safety is neglected. The training programme, spearheaded by the ECOWAS Small Business Coalition alongside InnoPower LLC and the United Nations Development Programme (UNDP), aims to equip regional Micro, Small, and Medium Enterprises (MSMEs) with AI skills for production, marketing, and cross-border trade.
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PRESIDENT TINUBU NOMINATES LAMIDO ABUBAKAR YUGUDA AS CBN DEPUTY GOVERNOR. (PHOTO).#PRESS RELEASE

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 STATEHOUSE PRESS RELEASE 


President Tinubu nominates Lamido  Abubakar Yuguda as CBN Deputy Governor 


President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, subject to confirmation by the Senate.


The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.


Yuguda’s nomination follows the recent appointment of the erstwhile Deputy Governor, Mr Bala Bello, as Special Adviser to the President on Political Economy.


The President charges them to discharge their responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth, in their respective roles.   


Lamido Yuguda's last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.


He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.  In 1991, he obtained a master's degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.


He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.


He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.


He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.  He retired from the CBN in 2016, after serving as Director of the Reserve Management Department for six years. 


-Bayo Onanuga

Special Adviser to the President,

(Information and Strategy)

March 11, 2026

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