The Central Bank of Nigeria (CBN) has announced the appointment of Dr. Okpanachi Usman Moses as the new Director of the Statistics Department, marking another major step in the apex bank’s ongoing restructuring and modernization efforts.

This strategic appointment is aimed at strengthening the CBN’s operational efficiency, improving regulatory oversight, and reinforcing evidence-based policy formulation across its key departments.

Dr. Okpanachi, a renowned economist and data strategist, brings a wealth of experience in financial analysis, econometric modeling, and macroeconomic policy development. His appointment, according to insiders, underscores the CBN’s renewed commitment to adopting a data-driven and research-oriented approach to monetary policy in line with international best practices.

Reliable sources within the bank revealed that the broader restructuring initiative seeks to rejuvenate core departments, ensuring that the institution’s activities remain responsive to evolving economic dynamics and the complex demands of modern financial governance.

Industry stakeholders have praised the appointment, describing Dr. Okpanachi’s elevation as a forward-thinking decision that will enhance the integrity, credibility, and analytical depth of Nigeria’s monetary statistics.

Congratulations to Dr. Okpanachi Usman Moses on this well-deserved appointment.