Senate confirms Cardoso, Yuguda, 10 others as MPC members

Ahead of the maiden Monetary Policy Committee (MPC) meeting slated for February 26-27, 2024, the Senate has confirmed the appointment of 12 persons as members of the Monetary Policy Committee of the Central Bank of Nigeria (CBN).

This confirmation comes after a report of the Committee On Banking, Insurance and other Financial Institutions Committee of the CBN was considered during plenary on Thursday.

The members are Olayemi Cardoso – Chairman, Muhammad Sani Abdullahi, Bala M. Bello, Emem Usoro, Philip Ikeazor and Lamido Yuguda as members.