2023: CBN postpones September MPC meeting

The Central Bank of Nigeria (CBN) has postponed the Monetary Policy Committee’s 293rd meeting, which was scheduled for Monday and Tuesday, September 25 and 26, 2023.

A statement issued by the bank’s Director of Corporate Communications, Dr Isa AbdulMumin, on Thursday, confirmed the development.

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

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“A new date will be communicated in due course. We regret any inconvenience this change may cause our stakeholders and the general public.”

Although the apex bank did not provide any reason for the postponement, it is likely connected to the delay in approving the newly appointed governor and deputy governors of the bank.

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Tinubu also approved the nomination of four new deputy governors of the apex bank to serve for a similar duration of five years in the first instance, pending their confirmation by the Senate.