CBN Sets Date for MPC Meeting

The Central Bank of Nigeria has announced its Monetary Policy Committee meeting would...

The Central Bank of Nigeria has announced its Monetary Policy Committee meeting would be held on March 20 and 21, 2023.

The two-day meeting, according to the apex bank, would be held in Abuja.

The apex bank disclosed this on its website, monitored by our correspondent on Tuesday.

The members of the committee include Godwin Emefiele, Governor, CBN, (Chairman); Aisha Ahmad, Deputy Governor, Financial System Stability, CBN, (Member): Edward Adamu, Deputy Governor, Corporate Services, CBN, (Member); Folashodun Shonubi, Deputy Governor, Operations, CBN, (Member); Kingsley Obiora, Deputy Governor, Economic Policy, CBN, (Member); Festus A. Adenikinju, Department of Economics, University of Ibadan, (Member); Aliyu Sanusi, Department of Economics Ahmadu Bello University, (Member); Robert C. Asogwa, African Development Bank, Abuja, Member.

Others are Mike Obadan, Department of Economics and Statistics, University of Benin, (Member); Mohammed Salisu, Senior Special Assistant to The President, Development Policy, (Member) Momodu Omamegbe, Security & Exchange Commission, (Member) Aliyu Ahmed, Permanent Secretary, Federal Ministry of Finance, (Member).

The MPC is the highest policy-making committee of the Bank.

It is mandated to review economic and financial conditions in the economy, determine the appropriate stance of policy in the short to medium term, review the CBN monetary policy framework regularly, and adopt changes when necessary.

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

RELATED ARTICLES

Adelagun Named Standard Chartered’s acting CEO for Nigeria

Standard Chartered Bank Nigeria has appointed Ayodeji Adelagun as its Acting Chief Executive Officer, effective

SEC’s New Capital Rules Stir Anxiety, Stress-Test Portfolio Managers

There are growing concerns that the proposed Securities and Exchange Commission’s (SEC) recapitalisation programme could

More Banks Meet Recapitalisation Threshold as Tally Exceeds 20

The number of fully-recapitlisated banks may be heading to 24 with Sterling Bank Plc joining

Heritage Bank: NDIC Declares N24.3b Second Liquidation Dividend

The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of N24.3 billion

Wema Bank Launches Upgraded Version of ALAT

Wema Bank Plc, the pioneer of Africa’s first full digital bank, has launched the upgraded

Onwughalu Replaces Chike-Obi as Fidelity Chairman

Fidelity Bank Plc has announced the completion of the tenure of Mustafa Chike-Obi as Chairman

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

This Pop-up Is Included in the Theme
Best Choice for Creatives

Purchase Now

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.