The Central Bank of Nigeria (CBN) has once again postponed the meeting of its Monetary Policy Committee (MPC) despite the surge in inflation.
The meeting, originally scheduled for Monday and Tuesday, has been postponed for a second time since Olayemi Cardoso assumed the role of governor in September.informationguidenigeria
Dr. Isa Abdulmumin, the CBN’s Director of Corporate Communications, confirmed the postponement, stating that “MPC is not holding” a meeting this week.NYSC PORTAL
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This delay means that investors and analysts will have to wait longer to see Governor Cardoso’s approach to addressing the issue of rising inflation, which reached 27.33 percent in October 2023.JAMB Result
The MPC plays a crucial role in shaping Nigeria’s monetary policy, and its decisions can have a significant impact on the country’s economic stability.JAMB Portal
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