Jobs/Appointments
CBN Appoints 16 New Directors for Efficiency
By Adedapo Adesanya
The Central Bank of Nigeria (CBN) has appointed 16 new directors across key departments in the apex bank as it moves to consolidate its modern operations.
These appointments, which took effect from March 3, affect crucial departments in the apex bank, including Monetary Policy, Trade and Exchange, Banking Supervision, Payment Systems, and Consumer Protection, among others.
These changes are coming as Nigeria continues to targets a $1 trillion economy spurred by constant evolution in the global financial space.
Speaking some months ago, the Governor of the CBN, Mr Yemi Cardoso, said the apex bank has been given a core mandate towards playing a crucial role in reaching the goal.
Already, banking institutions are raising capital ahead of March 2026 deadline to prevent against failures and shocks.
Also, digital payments have caught on in the last five years with fintechs rivalling traditional banks for talent and service offerings.
The appointments will help position the lender— and the country— towards proper regulations and will help institute the necessary regulations in one of the country’s most important sector.
This is the list of the newly appointed directors at the Central Bank of Nigeria (CBN):
1. Dr. Olubukola Akinwunmi Akinniyi – Director, Banking Supervision.
2. Yusuf Rakiya Opeyemi – Director, Payment System Supervision.
3. Aisha Isa-Olatinwo – Director, Consumer Protection.
4. Abdullahi Hamisu – Director, Banking Services.
5. Dr. OJumu Adenike Olubunmi – Director, Medical Services.
6. Mr. Makinde Kayode Olanrewaju – Director, Procurement & Support Services.
7. Mrs. Jide-Samuel Omoyemen Avbasowamen – Director, Information Technology.
8. Mrs. Sike Rita Ijeoma – Director, Financial Policy and Regulation.
9. Dr. Victor Ugbem Oboh – Director, Monetary Policy.
10. Mr. Nakorji Musa – Director, Trade and Exchange.
11. Dr. Vincent Monsurat Modesola – Director, Strategy Management and Innovation.
12. Mr. Farouk Mujtaba Muhammad – Director, Reserve Management.
13. Dr. Adetona Sikiru Adedeji – Director, Currency Operations and Branch Management.
14. Mr. Hassan Ibrahim Umar – Director, Development and Finance Institutions Supervision.
15. Mr. Solaja Mohammed-Jamiu Olayemi – Director, Other Financial Institutions Supervision.
16. Dr. Okpanachi Usman Mose – Director, Statistics.
By Adedapo Adesanya
Mr Tunji Disu, an Assistant Inspector General of Police (AIG), has reportedly replaced Mr Kayode Egbetokun as the new Inspector General of Police (IGP).
Mr Egbetokun resigned from the position on Tuesday after he was said to have held a meeting with President Bola Tinubu on Monday night at the Presidential Villa in Abuja.
President Tinubu appointed Mr Egebtokun as the 22nd IGP on June 19, 2023, with his appointment confirmed by the Nigeria Police Council on October 31, 2023.
Appointed as IGP at the age of 58, Mr Egbetokun was due for retirement on September 4, 2024, upon reaching the mandatory age of 60, but his tenure was extended by the President, creating controversies, which trailed him until his exit from the force today.
Although the police authorities are yet to comment on the matter or issue an official statement about his resignation, the move came amid reports suggesting that Mr Egbetokun has left the position.
Mr Egbetokun’s tenure was marred by a series of controversies; he recently initiated multiple charges against activist Mr Omoyele Sowore and his publication, SaharaReporters, after Mr Sowore publicly described him as an “illegal IGP.”
The dispute escalated into protracted legal battles, with the Federal High Court issuing injunctions restricting further publications relating to the former police chief and members of his family. Critics interpreted these court actions as attempts to stifle dissent and weaken press freedom.
His replacement, Mr Disu, was posted to oversee the Force Criminal Investigation Department (FCID) Annex, Alagbon, Lagos, some days ago.
By Modupe Gbadeyanka
A new Commander of the Maritime Guard Command has been appointed for the Nigerian Maritime Administration and Safety Agency (NIMASA), and he is Commodore Reginald Odeodi Adoki.
His appointment was approved by the Chief of the Naval Staff, Vice Admiral Idi Abbas, a statement from NIMASA confirmed.
He was chosen to replace Commodore H.C Oriekeze, who has been redeployed by naval authorities.
Commodore Adoki, a principal Warfare Officer specialising in communication and intelligence, brings 25 years of experience in the Nigerian Navy covering training, staff and operations.
As a seaman, he has commanded NNS Andoni, NNS Kyanwa and NNS Kada. It was under his command that NNS Kada undertook her maiden voyage, sailing from the country of build (the United Arab Emirates) into Nigeria.
He was commissioned into the Nigerian Navy in 2000 with a BSc in Mathematics. He has since earned a Master’s in International Law and Diplomacy from the University of Lagos and an MSc in Terrorism, Security and Policing atthe University of Leicester, England.
He is currently pursuing a PhD in Defence and Security Studies at the National Defence Academy (NDA). He is a highly decorated officer with several medals for distinguished service.
Welcoming the new MGC Commander to the agency, the Director General of NIMASA, Mr Dayo Mobereola, expressed confidence in Mr Adoki’s addition to the team, emphasising that it will further strengthen the nation’s maritime security architecture given his vast experience in the industry.
The Maritime Guard Command domiciled in NIMASA was established as part of the resolutions of the Memorandum of Understanding (MoU) with the Nigerian Navy to assist NIMASA in strengthening operational efficiency in Nigeria’s territorial waters, especially through enforcement of security, safety and other maritime regulations.
By Aduragbemi Omiyale
Mr Henry Alakhume has been appointed as the group managing director of Japaul Gold and Ventures Plc, a statement issued on Thursday disclosed.
In the notice signed by the company secretary, Chidimma Okolo, it was stated that the appointment of Mr Alakhume is effective today, February 12, 2026.
He is to fill the vacant position left by Mr Akinloye Daniel Oladapo, who resigned with effect from October 13, 2025, with no reason given for his decision to exit the post.
In the disclosure, it was said that Mr Alakhume would remain in office until a substantive GMD is announced by the organisation.
However, the board expressed confidence in the ability of the acting GMD to steer the ship of the company “during this transition period.”
He was described as an experienced executive director of the firm, who will “ensure continuity in leadership and support the company’s strategic objectives.”
“The board of Japaul Gold and Ventures Plc wishes to inform the Nigerian Exchange (NGX) Limited, its esteemed shareholders, and the general public of the appointment of Mr Henry Alakhume as the acting group managing director of the company.
“Mr Alakhume’s appointment takes effect from February 12, 2026, and he will serve in this capacity pending the appointment of a substantive group managing director.
“Mr Alakhume is an experienced executive of the company and has demonstrated strong leadership and operational expertise in his role as Chief Operating Officer.
“The board is confident that his appointment will ensure continuity in leadership and support the company’s strategic objectives during this transition period,” the statement said.
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