The Central Bank of Nigeria is planning to hold its Monetary Policy Meeting on February 26 and 27, 2024, according to a document released by the bank.
This will be the first meeting under the new leadership of Yemi Cardoso, who replaced Godwin Emefiele. The bank has updated its calendar to include the dates for this meeting and future ones.
However, the committee members for this meeting have not yet been announced.
The Monetary Policy Committee (MPC) plays a crucial role in aligning monetary policy with the country’s economic goals. It is responsible for implementing measures to maintain price stability and support the government’s overall economic objectives.
The CBN Act requires the MPC to meet at least four times a year. The governor or deputy governor in charge of monetary policy can call a meeting with a notice of at least seven days, as stated in the Act.
