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Nairaland Forum / Nairaland / General / Business / CBN Postpones MPC Meeting Indefinitely (10911 Views)
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CBN Postpones MPC Meeting Indefinitely by nlfpmod: 5:38pm On Sep 21, 2023 |
The Central Bank of Nigeria (CBN) has postponed the 293rd meeting of the Monetary Policy Committee (MPC). https://dailytrust.com/cbn-postpones-mpc-meeting-indefinitely/ 2 Likes
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Re: CBN Postpones MPC Meeting Indefinitely by Maj196(m): 5:39pm On Sep 21, 2023 |
G |
Re: CBN Postpones MPC Meeting Indefinitely by ecolime(m): 5:39pm On Sep 21, 2023 |
Definitely due to the recent leadership change. 6 Likes 2 Shares |
Re: CBN Postpones MPC Meeting Indefinitely by OlujobaSamuel: 5:39pm On Sep 21, 2023 |
Hmmmm, waiting for the new handlers to come in and determine where to go. Let's hope for a better result 9 Likes 1 Share |
Re: CBN Postpones MPC Meeting Indefinitely by Yugoslavia247(m): 5:40pm On Sep 21, 2023 |
Yorubanization is not equal to competence. If OBJ did half of what APC did. Maybe we for no get Nigeria. Mugus 19 Likes 4 Shares |
Re: CBN Postpones MPC Meeting Indefinitely by Ofunaofu: 5:40pm On Sep 21, 2023 |
1 Like |
Re: CBN Postpones MPC Meeting Indefinitely by sofeo(m): 5:40pm On Sep 21, 2023 |
Alright |
Re: CBN Postpones MPC Meeting Indefinitely by maximunimpact(m): 5:40pm On Sep 21, 2023 |
CBN’s Monetary Policy Committee Meeting Delayed Again For only the second time ever, the Central Bank of Nigeria (CBN) has postponed its much-anticipated Monetary Policy Committee (MPC) meeting. The announcement came on Thursday when the CBN confirmed that the 293rd series of the committee, originally scheduled for September 25 and 26, 2023, would be delayed. Isa AbdulMumin, the Director of Corporate Communications, mentioned in a statement that a fresh date would be relayed soon. He also extended apologies for any inconvenience this might cause to stakeholders and the public at large. This isn’t the first time the CBN has altered the MPC meeting’s schedule. Back in January 2020, the CBN rescheduled the year’s inaugural MPC meeting from January 20-21 to January 23-24. While the bank remained tight-lipped about the reasons behind the change, many speculated it was tied to the forthcoming general elections in Nigeria. The recent postponement has sparked rumors, with many linking the delay to the recent shake-up in the CBN leadership. Just last week, President Tinubu announced replacements for the acting Governor and three Deputy Governors. These new appointments have yet to be ratified by the Senate, currently on its annual recess until September 26. Sources suggest that there might be further delays, as the Senators are contemplating pushing their return to October 6, 2023. The MPC, the apex body of the CBN, convenes bi-monthly to review the nation’s economic and financial landscape, set the course for the bank’s monetary policy, and ensure the policy’s credibility and communication. Given the committee’s pivotal role, all eyes will be on the CBN for the next steps and further announcements. https://www.financialwatchngr.com/2023/09/21/cbns-monetary-policy-committee-meeting-delayed-again/ 2 Likes |
Re: CBN Postpones MPC Meeting Indefinitely by lavylilly: 5:40pm On Sep 21, 2023 |
E don set 1 Like |
Re: CBN Postpones MPC Meeting Indefinitely by GOFRONT(m): 5:40pm On Sep 21, 2023 |
Chaiii.....This Mumini don Pray tire....Yet CBN is in a mess. 4 Likes |
Re: CBN Postpones MPC Meeting Indefinitely by Eriokanmi: 5:40pm On Sep 21, 2023 |
Our economy is sick. Doctors now reuse single use/disposable items on patients. This is madness. Dollar is now approaching 1k but they said it wasn't ok @ 250 naira in 2015, that they'd reverse it. Can someone tell me how we can increase export or grow local industries, when the raw materials needed to complement the local ones are expensive due to ever-increasing fx rates? These guys are abusing the masses patience 12 Likes 2 Shares |
Re: CBN Postpones MPC Meeting Indefinitely by SeaTrade(m): 5:40pm On Sep 21, 2023 |
It's very hard to be Tinubu right now,everything seem to be falling apart. But I know for sure we'd have a currency rebound soon,Nigeria is too robust and too needed to be allowed to fail in the grand scheme of things. 3 Likes |
Re: CBN Postpones MPC Meeting Indefinitely by Dialpad: 5:40pm On Sep 21, 2023 |
Dollar is 980, not funny anymore, this is getting ridiculous. So with $1k you now have 1million.... 2 Likes |
Re: CBN Postpones MPC Meeting Indefinitely by AmigoDeDon(m): 5:40pm On Sep 21, 2023 |
Mpc |
Re: CBN Postpones MPC Meeting Indefinitely by zebszebs: 5:40pm On Sep 21, 2023 |
May the last person to leave Nigeria, kindly lock the gate and turn off the lights. There won't be electricity sef, so no need. Let us share the grace in fellowship 8 Likes 2 Shares |
Re: CBN Postpones MPC Meeting Indefinitely by Artiiclebeast: 5:41pm On Sep 21, 2023 |
They are sure to either deny or reverse this statement in a few hours or days, as usual, save this. This is the worst impression any serious government with a clear vision and direction on what they are doing would want to convey to the investment community. We are on a rigmarolic trial and error circus. There ain't any hope in sight, for sure. A bunch of confused and inexperienced lots. 3 Likes |
Re: CBN Postpones MPC Meeting Indefinitely by richard870(m): 5:41pm On Sep 21, 2023 |
c |
Re: CBN Postpones MPC Meeting Indefinitely by CallMeAthena(f): 5:42pm On Sep 21, 2023 |
They're confused on whether to increase or decrease interest rates ... 1 Like |
Re: CBN Postpones MPC Meeting Indefinitely by bigdammyj: 5:42pm On Sep 21, 2023 |
Noted. |
Re: CBN Postpones MPC Meeting Indefinitely by AllBlack: 5:42pm On Sep 21, 2023 |
Dialpad: 1000 before December 1 Like 1 Share |
Re: CBN Postpones MPC Meeting Indefinitely by wittywriter: 5:43pm On Sep 21, 2023 |
...SMH Wittyness |
Re: CBN Postpones MPC Meeting Indefinitely by Zimzy(m): 5:44pm On Sep 21, 2023 |
What is the use of all their policies over the years? Whenever they come up with a policy things will go from bad to worse. 2 Likes 1 Share |
Re: CBN Postpones MPC Meeting Indefinitely by CallMeAthena(f): 5:44pm On Sep 21, 2023 |
AllBlack:before november sef |
Re: CBN Postpones MPC Meeting Indefinitely by Nobody: 5:45pm On Sep 21, 2023 |
zebszebs:Shey you want to Japa ni? |
Re: CBN Postpones MPC Meeting Indefinitely by Impera(m): 5:45pm On Sep 21, 2023 |
All the new appointees don't have the faintest idea of what goes on at the MPC. They will receive a crash program. Thereafter they will just be doing anyhow there.....its just sad 2 Likes |
Re: CBN Postpones MPC Meeting Indefinitely by Dialpad: 5:46pm On Sep 21, 2023 |
You are wrong!!! It could be 1000 by Monday. It was 940 or so last week AllBlack: 1 Like |
Re: CBN Postpones MPC Meeting Indefinitely by jeromestarks: 5:46pm On Sep 21, 2023 |
Look at his forehead. Religious hypocrite. Do you know that muslims are running away from Afghanistan? That's a country which is 100% muslim. Every true muslim knows that there is no life outside Christ! Jesus is the only way to heaven and to peace on earth. 2 Likes 1 Share |
Re: CBN Postpones MPC Meeting Indefinitely by Treadway: 5:47pm On Sep 21, 2023 |
Lobatan! Na to keep HODL this dollars for one more week. 1200-1300 now very likely. Onward and upward! |
Re: CBN Postpones MPC Meeting Indefinitely by naija4life247: 5:48pm On Sep 21, 2023 |
Yugoslavia247: Post your biological father's CV, let's see if he is more qualified than the people that Tinubu has been appointing. Tinubu has been bringing in people that worked with him to turn Lagos around, or do you want him to appoint people who helped Giringori Obituary to turn Anambra to a state where everyone is running from? Even Giringori Obituary himself is hiding in Lagos 4 Likes 1 Share |
Re: CBN Postpones MPC Meeting Indefinitely by rectitude(m): 5:49pm On Sep 21, 2023 |
Hmmm |
Re: CBN Postpones MPC Meeting Indefinitely by Yugoslavia247(m): 5:51pm On Sep 21, 2023 |
naija4life247: Now my Father. Thank God I have a reasonable one who trained me to respect him and other people's father 6 Likes 3 Shares |
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