The Central Bank of Nigeria (CBN) has postponed the 293rd Monetary Policy Committee (MPC) meeting scheduled for Monday and Tuesday, September 25 and 26, 2023.
This was disclosed in a Thursday press statement by the bank’s Director of Corporate Communications, Dr Isa AbdulMumin. But no reason was given for the decision.
“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.
“A new date will be communicated in due course. We regret any inconvenience this change may cause our stakeholders and the general public.”
The development comes two months after the apex bank met and raised the Monetary Policy Rate (MPR), which measures interest rate, from 18.5 per cent to 18.75%.