CBN Postpones MPC Meeting For The Second Time


The Central Bank of Nigeria (CBN) has postponed the meeting of its Monetary Policy Committee (MPC) for the second time.

The CBN’s Director of Corporate Communications, Dr Isa Abdulmumin, made this known in a chat with Bloomberg on Monday.

He said, “MPC is not holding a meeting this week.”

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The meeting, scheduled for Monday and Tuesday, has been postponed for a second time since Olayemi Cardoso became the CBN Governor in September.

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This latest postponement will keep investors and analysts waiting longer for Cardoso’s approach to surging inflation, which hit 27.33 per cent in October 2023.



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