The Central Bank of Nigeria (CBN) says its Monetary Policy Committee will hold its first meeting under the tenure of Mr. Olayemi Cardoso as Governor on Monday, February 26 and Tuesday, February 27, 2024. The announcement follows a two-day strategic session for members of the Monetary Policy Committee (MPC) in preparation for the meeting in…
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to further hike Monetary Policy Rate (MPR) when next its Monetary Policy Committee (MPC) meets. The position of the Fund was given by its Director of Communications, Ms. Julie Kozack, in Washington DC, United States of America, today. She noted that the liquidity mop-up…
The Central Bank of Nigeria has again postponed the meeting of its monetary policy committee despite the surge in inflation. This is according to a report by newsmen on today, which quoted the CBN’s Director of Corporate Communications, Dr Isa Abdulmumin, who said, “MPC is not holding” a meeting this week in a text message…