Tension in CBN as Cardoso plans to fire MPC members, appoint new ones ahead of next meeting

  • The CBN has revealed its intention to replace the external members of the monetary policy committee
  • This is coming just a few weeks ahead of the scheduled date for the MPC meeting after months of suspension
  • The members said they had yet to hear from the CBN nor were included in customary planning before the meeting

Legit.ng o journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.

As part of an ongoing reorganization, Nigeria’s central bank intends to replace the external members of its monetary policy committee.