In 1983, Lamido Yuguda earned his B.Sc. in accounting from Ahmadu Bello University in Zaria. In 1991, he advanced his education at the University of Birmingham in England, obtaining an M.Sc. in money, banking, and finance.

He has also earned a certificate in financial asset management and engineering from the Swiss Finance Institute in Geneva, Switzerland.

Career

Lamido Yuguda, who was formerly the Director-General of the Securities and Exchange Commission of the Federal Republic of Nigeria, assumed this role after an appointment by Muhammadu Buhari. He was in this office from 2020 to 2024.

He previously held the position of director at the Central Bank of Nigeria (CBN). Before ascending to the role of director, Lamido Yuguda held various positions at the Central Bank of Nigeria (CBN), including serving as the Director of the Reserve Management Department from 2010 to 2016, and as a Senior Supervisor in the Foreign Operations Department in 1984 and the Banking Supervision Department in 1985, among other roles.

Lamido Yuguda started his role as an economist in the Africa Department at the International Monetary Fund (IMF) in Washington, DC, back in 1997.

In March 2026, President Bola Tinubu recommended him for the position of CBN Deputy Governor, pending Senate approval, due to his long-term impact on the national economic strategy. He has held positions on the boards of the African Finance Corporation (AFC) and the National Pension Commission (PENCOM).

The Senate approved Mr. Lamido Abubakar Yuguda’s appointment as Deputy Governor of the Central Bank of Nigeria (CBN) on Tuesday, April 29, 2026.

Lawmakers described the appointment as “a square peg in a square hole.”

Lamido Yuguda Wife

Yuguda is happily married and has children, but specific names and details about his partner and family are not disclosed. He is Nigerian, probably from the north, as indicated by his education at Ahmadu Bello University and his work in northern institutions.

Net Worth

By 2026, Lamido Yuguda’s net worth is expected to be between $5 million and $15 million, thanks to his long banking career, his role at the SEC, various board memberships, and investments in finance and real estate.