• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 8, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

JUST-IN: CBN Postpones MPC Meeting Indefinitely

by Mark Itsibor
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

The Central Bank of Nigeria (CBN) has announced the postponement of the bi-monthly meeting of its Monetary Policy Committee (MPC) indefinitely.

CBN director of corporate communications, Isa AbdulMumin, made the disclosure in a statement he issued on Thursday.

The meeting for this month was initially fixed for September 25 and 26.

“The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has deferred its 293rd meeting scheduled for Monday and Tuesday, September 25 and 26, 2023, respectively,” AbdulMumin said in the statement, adding that “A new date will be communicated in due course.”

RELATED

Dangote Refinery’s Completion To Make Naira Stronger

US Provides Third Of Dangote’s Crude Requirement In 2025 Supplies

2 hours ago
Equities To Sustain Positive Sentiment Amidst Audited Earnings Expectations

Consumer Goods Sector Drives NGX Growth With 40.65% Increase

2 hours ago

He, however, did not give any reason for the sudden postponement of the all-important meeting where monetary policy decisions, including the official interest rate benchmark also known as the Monetary Policy Rate, cash reserve ratio, asymmetric corridor and other parameters are taken by the 11-man committee.

However, a source in the apex bank told LEADERSHIP that the decision was as a result of the pending confirmation of the new CBN governor and deputy governors, who were recently appointed by President Bola Tinubu.

The President appointed Olayemi Cardoso to serve as the new CBN governor alongside four other deputies to replace the existing ones.

The source who asked not to be named said the outgoing acting governor and his deputies can no longer take a key decision at this time based on the fact that a new management has been appointed for the apex bank.

Meanwhile, the new appointees were yet to be confirmed by the Senate, which is currently on recess. The Senators are expected to resume from their annual vacationnon September 26, 2023.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


SendShareTweetShare
Previous Post

‘NIMC’s Self-service Solution Will Benefit Nigerians In Diaspora’

Next Post

TechHer Convenes Women, Youth-Led CSOs To Advance Accountability In Enugu

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

Dangote Refinery’s Completion To Make Naira Stronger
Business

US Provides Third Of Dangote’s Crude Requirement In 2025 Supplies

2025/06/08
Equities To Sustain Positive Sentiment Amidst Audited Earnings Expectations
Business

Consumer Goods Sector Drives NGX Growth With 40.65% Increase

2025/06/08
JUST IN: Nigerian Stocks End 8-Day Gains As Banks Slide
Business

‘Dangote Petrochemicals Listing To Boost Nigeria’s Stock Market’

2025/06/08
NLNG Ties 2023 Science Quiz Competition To Net Zero Emission
Business

NLNG Launches Human Capital Devt Programme Under Train 7 Project

2025/06/08
SEC Warns Nigerians Against Unregistered Investment Schemes
Business

New Meme Coin, PUNISHER COIN, Not Registered – SEC

2025/06/08
AMMC Begins Intensive Traffic Control On Airport Road
Business

Lagos, Abuja Top Nigeria’s 2025 Global Startup Index

2025/06/08
Leadership Conference advertisement

LATEST

Lassa Fever: Vaccine Produced By Nigerian Shows High Potency –Virologist

Make Music Lagos Marks 10 Years With MI, Drille

Group Advocates Stronger Policies To Mitigate Climate Change

Harnessing Visual Communications To Strengthen Electoral Process

The Ministry Of Personal Deliverance (PART 11)

Tinubu And Arewa

Of Eid, Sacrifice, And The Politics Of Hope

Understanding Lumbar Spondylosis: What Your Lower Back Is Telling You

US Provides Third Of Dangote’s Crude Requirement In 2025 Supplies

Consumer Goods Sector Drives NGX Growth With 40.65% Increase

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.