Baba Nmadu Yaaba
Central banker
Abuja,FC
Overview
25
25
years of professional experience
1
1
Certification
1
1
Language
18
18
years of post-secondary education
Work History
Assistant Director/Head
CENTRAL BANK OF NIGERIA
10.2023 - Current
- CENTRAL BUSINESS DISTRICT
- TAFAWA BALEWA WAY
Visiting Lecturer
Kaduna State University
02.2020 - Current
- To teach MFE 809: Regulation of Financial Market and Institutions
- To mentor Master of Financial Economics (MFE) students
Head
Central Bank of Nigeria
- 04.2022
- (CBN), Corporate Head Quarters, Abuja
- Responsibilities, , Monetary Analysis Office, Central Bank of Nigeria, Headquarters, Abuja, hence Responsible for coordinating the activities of the Office
- Monitor and report to the Management of the Central Bank of Nigeria, the activities of Depository Corporations in Nigeria including the Central Bank of Nigeria, and Deposit Money Banks monthly for monetary policy formulation
- Compute the reserve money position and the determinant of reserve money, cash reserve requirement, liquidity ratio, credit ratio, and interest rate spread
- Compiles credit to the domestic economy by Other Depository Corporations (ODCs) (Loan exposure of the ODCs), assets and liabilities of the ODCs, and the tempo of inter-bank activities monthly for the Monetary Policy Technical Committee and Monetary Policy Committee Secretariats
- Write Speeches and draft talking points for the Governor of the CBN and Deputy Governor of the Economic Policy Directorate on request
- Represent the Director of the Research Department of CBN in any meeting relating to monetary and financial statistics collection, collation, and analysis for monetary and macroprudential policy formulation and implementation
- Advise the Deputy Governor, Economic Policy Directorate, on the potential implication of planned monetary and macroprudential policies action of the Bank and implications on the financial system and the overall economy
- Monitor the responses of the financial market to the monetary and macroprudential policies of the Bank and return feedback to the Deputy Governor, Economic Policy via the Director of Research Department
- Participate in intra and inter-departmental meetings on the directive of the Deputy Governor, Economic Policy and Director, Research Department
- Coordinate meetings with the Deposit Money Banks and other players in Nigeria’s financial market on the best approach to reporting financial & monetary data, and reconciling differences
- Write policy briefs and research papers
- Undertake ad hoc assignments as requested by the Director, of the Research Department and Deputy Governor of the Economic Policy Directorate
- To October 1, 2023]
- Central Bank of Nigeria Principal Economist I/Head
- Real Sector Statistics Office, CBN Head Quarters, Abuja
- Responsibilities
- Head, Real Sector Statistics Office, Central Bank of Nigeria, Headquarters, Abuja, hence Responsible for coordinating the activities of the Office
- Design Survey Instruments for the conduct of Quarterly Integrated Household, Weekly Consumer Prices, and Quarterly Establishment Surveys as well as coordinate the implementation in collaboration with the Nigerian National Bureau of Statistics
- Collate, consolidate and analyze weekly price data on selected items in line with the Classification of Individual Consumption by Purpose (COICOP), forecast six months Consumer Price Index (CPI), Core Consumer Price Index (CCPI), and Food Consumer Price Index (FCPI) for the Monetary Policy Committee of the Central Bank of Nigeria
- Analyze quarterly Gross Domestic Product to show sectoral performance for monetary policy formulation
- Write policy briefs and research papers
- October 7, 2019, to
- 1 1
- 2022]
- Central Bank of Nigeria Principal Economist I
- Responsibilities
- Review the existing methodology for consolidating monetary and financial statistics
- Develop new templates for conducting the Depository Corporation (DC) Survey, Other Depository Corporation (ODC) Survey, Other Financial Corporation (OFC) Survey, and Financial Corporation (FC) Survey, in line with the Monetary Financial Statistics and Compilation Guide (MFSCG2016)
- Compute Composite Index of Economic Activity for the Central Bank of Nigeria
- Write policy briefs and research papers.
Economist
Central Bank of Nigeria
01.2018 - 10.2019
- I
- Responsibilities
- Coordinate the conduct of monthly surveys on domestic consumer prices, Collate, consolidate, and analyze monthly price data on selected items in line with the Classification of Individual Consumption by Purpose (COICOP), forecast six months ahead Consumer Price Index (CPI), Core Consumer Price Index (CCPI) and Food Consumer Price Index (FCPI) for the Monetary Policy Committee of the Central Bank of Nigeria
- Write policy briefs and research papers.
Principal Economist II
Central Bank of Nigeria
12.2016 - 12.2017
- Responsibilities
- Collect, collate, consolidate, and analyze weekly data on the Nigerian Stock Exchange (NSE) activities for monetary policy formulation
- Collect, collate, consolidate, and analyze quarterly data on Other Financial Corporations’ (OFCs) activities for monetary policy formulation
- OFCs in Nigeria include insurance companies, the Pension Commission, the Bank of Industry (BOI), the Bank of Agriculture (BOA), The Infrastructure Bank (TIB), the Nigeria Exports-Imports Bank (NEXIM), the Nigerian Pension Commission, the Asset Management Corporation of Nigeria, Finance Houses, among others
- Write policy research papers.
Principal Economist II/Head
Central Bank of Nigeria
01.2013 - 12.2016
- Branch Statistics Office, Sokoto Branch
- Responsibilities
- Head, Statistics Office, Central Bank of Nigeria, Sokoto Branch, responsible for coordinating the Office's activities
- Design Survey Instruments for the conduct of Business Expectation Survey (BES), Consumer Expectation Survey (CES), Inflation Attitude Survey (IAS)) and Purchasing Managers’ Index (PMI) Survey in Kebbi, Sokoto, and Zamfara States of Nigeria
- Conduct expectation surveys (i.e
- Business Expectation Survey (BES), Consumer Expectation Survey (CES), and Inflation Attitude Survey (IAS)) and Purchasing Managers’ Index (PMI) survey for Sokoto Axis covering Sokoto, Kebbi and Zamfara states as well as consolidate the numbers and write report for onward submission to the Head Office for further consolidation to cover the entire country
- The expectation surveys and the PMI are used for monetary policy formulation
- Collect, consolidate, and analyze fiscal data of sub-national governments (i.e
- Sokoto, Kebbi, and Zamfara states and their respective local government areas)
- The data covers federation account allocation, internally generated revenue, expenditure, and borrowings
- Work with the National Bureau of Statistics (NBS) of Nigeria to conduct a Gross Domestic Product (GDP) survey
- Write policy research papers.
Senior Economist
Central Bank of Nigeria
02.2009 - 12.2012
- Monitor and report to the Management of the Central Bank of Nigeria monthly, the activities of all the twenty-one Deposit Money Banks (DMBs) in Nigeria as well as the Central Bank of Nigeria
- Manage and update Nigeria’s data in the International Monetary Fund (IMF) database
- Compute the reserve money position as well as the determinant of reserve money, liquidity ratio, credit ratio, and interest rate spread
- Computes credit to the domestic economy by DMBs (Loan exposure of DMBs), assets and liabilities of the DMBs as well as the tempo of inter-bank activities every month for the Monetary Policy Secretariat
- Compile Financial Soundness Indicators for the Nigerian Banking Industry following the IMF-FSIs Compilation Guide
- Review policy papers from reputable international journals
- Write research and policy papers for publications in the Bank’s as well as international Journals.
Central Bank of Nigeria Economist
01.2007 - 01.2009
- Collect market prices of selected commodities monthly for the computation of the Consumer Price Index (CPI) for Nigeria
- Conduct surveys of government ministries, departments, agencies (MDAs), local governments, and private establishments to determine the level of economic activities in a particular state
- Work with the National Bureau of Statistics (NBS) of Nigeria to conduct a Gross Domestic Product (GDP) survey
- Review research papers on economic policies from reputable journals
- Write policy research briefs
- Collect, consolidate, and analyze fiscal data (i.e
- Revenue, expenditure, and borrowings) of the government of the Federal Republic of Nigeria
- Monitor federally collected revenue (from both oil and non-oil sources)
- Write policy briefs on the monthly revenue performance of the Federal Government of Nigeria
- This includes collections from the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), Nigerian Customs Services (NCS), Federal Inland Revenue Services (FIRS), etc
- Review research papers on economic policies from reputable journals
- Write policy research papers on the fiscal policy of the government
- Represents the Central Bank of Nigeria (CBN) in the monthly Federation Account Allocation Committee (FAAC) meetings, Presidential Steering Committee on Revenue Reconciliation (PSCRR) meetings, etc.
Assistant Economist
Central Bank of Nigeria
03.2004 - 12.2006
- Monitor bilateral and multilateral relations between Nigeria and other countries, on both trade and debt issues
- Monitor the movement of major international currencies such as the dollar, pound sterling, euro, yen, and Saudi riyal
- Review research papers on economic policies from reputable journals
- Write policy brief for the Committee of Governors (COG) and Board of Directors (BOD) of the Central Bank of Nigeria to aid monetary policy formulation
- Write policy research papers.
Orientation Agency Mobilization Officer
National
09.2000 - 02.2004
- Mobilizing, enlightening, and educating the public on government policies and programs and returning feedback on the same to the government.
Education
Ph.D - Economics
Usmanu Danfodiyo University Sokoto
2016
MSc - Economics
University of Maiduguri
Nigeria 03.2010 - 09.2025
MBA - Financial Management
National Open University of Nigeria, Abuja Study Centre
Nigeria 03.2010 - 09.2012
PGD - Computer Science
Federal University of Technology Minna
Nigeria2003
BSc - Economics
Usmanu Danfodiyo University
1997
Institute course on Fundamentals of Big data for Monetary Policy at - undefined
CBN International Training, CBN International Training Centre
November
21 – 25 - undefined
2024
Nigeria Deposit Insurance Corporation (NDIC) - undefined
NDIC Academy
July 17, 2024
Nigeria Deposit Insurance Corporation (NDIC) training on macroprudential regulation - undefined
NDIC Academy
July 17, 2024
Nigeria Deposit Insurance Corporation training on the overview of the CBN Act - undefined
2007
the NDIC Academy - undefined
July 17, 2024, July 16, 2024
Nigeria Deposit Insurance Corporation training on the New Basel Accord - undefined
NDIC Academy
July 16, 2024
B. N - undefined
Usmanu Danfodiyo University
2011
Doctor of Philosophy (Ph.D - Economics
2016
B. N - undefined
Yaaba B. N, National Open University of Nigeria, Abuja Study
2012
Master of Science (M.Sc - Economics
University of Maiduguri
2009
award - undefined
Federal University of Technology
2003
Post Graduate Diploma (PGD) - Computer Science
2003
B.Sc. degree - Economics
Danfodiyo University
1997
PMB 0187 - undefined
JOURNAL, Central Bank of Nigeria, Central Business
1997
SHARE Jurnal Ekonomi dan Keuangan Islam, SEKRETARIAT SHARE JURNAL EKONOMI DAN KEUANGAN ISLAM Lt. 2 Gedung Fakultas Ekonomi - undefined
Bisnis Islam UIN
Ph.D. - undefined
Coventry University
Ph.D - Management Studies
Usmanu Danfodiyo University
PhD - Management Studies
Usmanu Danfodiyo University
Donga (Ph.D - Economics
Usmanu Danfodiyo University
Ph.D - Economics
Usmanu Danfodiyo University
PhD - Accounting
Usmanu Danfodiyo University
MSc - Economics
Usmanu Danfodiyo University
BSc. - Economics
Maryam Abubakar, Sokoto State University
Nigeria Deposit Insurance Corporation training on the Core Principles for Effective Banking Supervision - undefined
Skills
- COMPUTER AND SOFTWARE SKILLS
- Very good in the use of a computer, especially
- Microsoft Office, such as Word, Excel, PowerPoint, Access, etc, as well as software packages like EViews, STATA, SPSS, Micro fit, R, Python, etc
Accomplishments
- Https://cenbank.academia.edu/YaabaBabaNmadu https://ideas.repec.org/f/pya319 https://scholar.google.com/citations?user=3xVHt4EAAAAJ&hl=en https://www.researchgate.net/profile/Baba_Yaaba https://www.linkedin.com/in/yaaba-baba-nmadu-phd-322b216b/
- ORCID: https://orcid.org/0000-0003-0965-1638, CBN International Training Institute course on Panel Data Modelling using EViews & Stata at the CBN International Training Centre, Abuja, July 1 – 3, 2024
- WAIFEM online training on International Trade Statistics held on June 26, 2024
- Nigeria Deposit Insurance Corporation training on the Examination of Financial Holding Companies Part 1, at the NDIC Academy, Abuja, April 16, 2024
- West African Institute of Finance and Economic Management (WAIFEM) Course on Public Sector Debt Statistics held at the CBN International Training Centre, Abuja, May 3 -7, 2021
- WAIFEM Course on Public Sector Debt Statistics held at the CBN International Training Centre, Abuja, April 11-15, 2022
- CONFERENCES, SEMINARS, SYMPOSIUM, AND PUBLIC LECTURES
- Yaaba, B
- N., & Tonuchi, J
- E
- (2024)
- Does economic resilience matter on the pass-through effect of external shocks to domestic inflation in Sub-Saharan Africa
- Presented at the International Monetary Fund -African Training Institute (IMF-ATI) Peer-to-Peer Seminar presentation on June 27, 2024
- Yaaba, B
- N., & Yakubu Shaba (2023)
- Causes of inflation in Nigeria: A snapshot
- A paper presented at the Symposium on inflationary pressures in Nigeria: Insights, causes, consequences, and possible mitigations organised by Usmanu Danfodiyo University, Sokoto, Nigeria, January 16, 2024
- Yaaba, B
- N., & Yakubu Shaba (2023)
- Navigating Economic Transition: Impact of Subsidy Removal and the Role of Palliatives in Subsidising Households and Businesses
- A paper presented at the Symposium on Palliatives for Progress: Navigating subsidy removal with effective government distribution organised by Usmanu Danfodiyo University, Sokoto, Nigeria, August 31, 2023
- Yaaba, B
- N
- (2018)
- Financial Inclusion and Stability: Do they Matter for Monetary Policy
- Paper presented at the 62nd ISI, World Statistics Congress held in Kuala Lumpur, Malaysia, August 18, Third Place Winner (Northwest Region of Nigeria) of ‘Readers’ Award, StandTallAfrica (STA) Initiative, December 2019
- Islamic Development Bank grant to attend ISI World Statistics Congress in Kuala Lumpur, Malaysia, 2019
- WAIFEM, CREPOL, and APEA Joint sponsorship to attend the Ninth Annual Conference on Regional Integration in Africa (ACRIA 9) in Banjul, The Gambia, 2019
- Central Bank of Nigeria Research Grant 2018
- Central Bank of Nigeria Research Grant 2017
- Central Bank of Nigeria Research Grant 2016
- Central Bank of Nigeria Research Grant 2014
- Central Bank of Nigeria Research Grant 2013
Certification
YAABA BABA NMADU
DATE OF BIRTH: 22nd October 1972
NATIONALITY: Nigerian
STATE OF ORIGIN: Niger
SEX: Male
RELIGION: Islam
Affiliations
World Economics Association (WEA)
African Political Economy Association (APEA)
Institute of Chartered Economist of Nigeria (ICEN)
Nigeria Economic Society (NES)
Nigeria Statistical Association (NSA), Yaaba, B, N. & Abolade, C. O. (2024). Capital flight in the presence of high debt profile: Insight from Nigeria: edit (Douglason, G. O. & Alving, G. J. in the: Dynamics of public debt management and economis development in Africa, 2024.
Yaaba, B. N., & Abolade, C. Onomeabure (2024). Capital Flight in the Presence of High Debt Profile: Insight from Nigeria. Book publication honour of Dr. Baba Y. Musa, Director General, West African Monetary Institute, Lagos Nigeria.
Yaaba B. N. (2009). The State of Tourism and Hospitality Industry in Borno State: edit (Dr. I. M. Polycarp) in the “Perspective of Major Economic Activities in Borno State”, 2009.
Yaaba B. N. (1999). The Man as I know Him. A book printed by Olarenwaju Printing Press, Nyanya, Abuja, 1999.
TRAINING FACILITATION
CBN International Training Institute course on Fundamentals of Big Data for Monetary Policy at the CBN International Training Centre, Abuja, November 21– 25, 2024.
Interests
EXTRACURRICULAR ACTIVITIES
, Volleyball, Reading, Swimming, and Entertaining Friends
Additional Information
- 2
Timeline
Assistant Director/Head
CENTRAL BANK OF NIGERIA
10.2023 - Current
Visiting Lecturer
Kaduna State University
02.2020 - Current
Economist
Central Bank of Nigeria
01.2018 - 10.2019
Principal Economist II
Central Bank of Nigeria
12.2016 - 12.2017
Principal Economist II/Head
Central Bank of Nigeria
01.2013 - 12.2016
MSc - Economics
University of Maiduguri
03.2010 - 09.2025
MBA - Financial Management
National Open University of Nigeria, Abuja Study Centre
03.2010 - 09.2012
Senior Economist
Central Bank of Nigeria
02.2009 - 12.2012
Central Bank of Nigeria Economist
01.2007 - 01.2009
Assistant Economist
Central Bank of Nigeria
03.2004 - 12.2006
Orientation Agency Mobilization Officer
National
09.2000 - 02.2004
Head
Central Bank of Nigeria
- 04.2022
- 1 1
Ph.D - Economics
Usmanu Danfodiyo University Sokoto
BSc - Economics
Usmanu Danfodiyo University
Institute course on Fundamentals of Big data for Monetary Policy at - undefined
CBN International Training, CBN International Training Centre
21 – 25 - undefined
Nigeria Deposit Insurance Corporation (NDIC) - undefined
NDIC Academy
Nigeria Deposit Insurance Corporation (NDIC) training on macroprudential regulation - undefined
NDIC Academy
Nigeria Deposit Insurance Corporation training on the overview of the CBN Act - undefined
the NDIC Academy - undefined
Nigeria Deposit Insurance Corporation training on the New Basel Accord - undefined
NDIC Academy
B. N - undefined
Usmanu Danfodiyo University
Doctor of Philosophy (Ph.D - Economics
B. N - undefined
Yaaba B. N, National Open University of Nigeria, Abuja Study
Master of Science (M.Sc - Economics
University of Maiduguri
award - undefined
Federal University of Technology
Post Graduate Diploma (PGD) - Computer Science
B.Sc. degree - Economics
Danfodiyo University
PMB 0187 - undefined
JOURNAL, Central Bank of Nigeria, Central Business
SHARE Jurnal Ekonomi dan Keuangan Islam, SEKRETARIAT SHARE JURNAL EKONOMI DAN KEUANGAN ISLAM Lt. 2 Gedung Fakultas Ekonomi - undefined
Bisnis Islam UIN
Ph.D. - undefined
Coventry University
Ph.D - Management Studies
Usmanu Danfodiyo University
PhD - Management Studies
Usmanu Danfodiyo University
Donga (Ph.D - Economics
Usmanu Danfodiyo University
Ph.D - Economics
Usmanu Danfodiyo University
PhD - Accounting
Usmanu Danfodiyo University
MSc - Economics
Usmanu Danfodiyo University
BSc. - Economics
Maryam Abubakar, Sokoto State University
Nigeria Deposit Insurance Corporation training on the Core Principles for Effective Banking Supervision - undefined
PGD - Computer Science
Federal University of Technology Minna
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