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CBN To Hold First MPC Meeting Under Cardoso In February

The Central Bank of Nigeria (CBN) says its Monetary Policy Committee will hold its first meeting under the tenure of Mr. Olayemi Cardoso as Governor on Monday, February 26 and Tuesday, February 27, 2024.

The announcement follows a two-day strategic session for members of the Monetary Policy Committee (MPC) in preparation for the meeting in February.

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Confirming this in Abuja on Friday, the Acting Director, Corporate Communications Department of the CBN, Mrs. Hakama Sidi Ali, disclosed that the session is aimed at brainstorming and engaging in an in-depth discussion about the committee’s objectives.

She revealed that the critical focus areas during the retreat included deliberations on the strategic plan to effect necessary improvements in the monetary policy transmission mechanism.



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