Omolara Duke

Omolara Duke

politician Nigeria

Omolara Duke is a key figure in Nigeria's financial sector, serving as the Director of Currency Operations at the Central Bank of Nigeria (CBN). She was recently in the news for signing a circular that introduced the new Electronic Foreign Exchange Matching System, aimed at enhancing transparency and facilitating a market-driven exchange rate in the interbank FX market.

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Recent Mentions

Nigeria Nigeria: The statement signed by the Director, Financial Markets Department, Omolara Duke, stated that recent movements in the foreign exchange market made it inject about $197.71m through sales to authorised dealers. 6

The Punch: Naira shed 2.6% in March despite $668m CBN intervention

Nigeria Nigeria: Omolara Duke signed a circular indicating that authorised dealers would conduct all foreign exchange transactions in the interbank FX market on the new Electronic Foreign Exchange Matching system. 8

The Punch: FX market turnover drops by 32% amid reforms