CBN postpones MPC meeting as Cardoso awaits Senate confirmation

The Central Bank of Nigeria (CBN) has postponed the Monetary Policy Committee (MPC) meeting slated for next week, days after the apex bank’s leadership was changed.

In a statement issued on Thursday, CBN said the MPC meeting scheduled for September 25 and 26 has been postponed to a later date that would be communicated to the public.

The statement read: “The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has deferred its 293rd meeting scheduled for Monday and Tuesday, September 25 and 26, 2023, respectively.