The 274th MPC Meeting Underway-CBN
The Central Bank of Nigeria-led Monetary Policy Committee meeting is scheduled to hold on Monday July 20.
The event, which holds MPC Meeting Room, 11th Floor, Wing C, CBN Corporate Headquarters, Abuja, will afford the committee members opportunity to decide on key issues affecting the economy.
Analysts said that inflation, exchange rate and foreign investment inflows will top agenda at the meeting.
The Central Bank of Nigeria had rescheduled the last MPC meeting of May 2020. The committee met on Thursday, May 28.
In a statement, the CBN Director, Corporate Communications, Isaac Okorafor, said: “This is to inform our stakeholders and the general public that the May 2020 meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), earlier scheduled for Monday and Tuesday, May 25 and 26, 2020, will now hold on Thursday, May 28, 2020. This is as a result of the declaration of Monday and Tuesday, May 25 and 26, 2020, as Eid-el Fitr holidays.”
He said the CBN has put in place machinery for the meeting to now hold for only one day on account of the on-going COVID-19 national lockdown and to align this meeting with extant rules of the Presidential Task Force (PTF) on COVID-19 and advisories from other relevant agencies.”
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