The Central Bank of Nigeria has again postponed the meeting of its monetary policy committee despite the surge in inflation.
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This is according to a report by Bloomberg on Monday, which quoted the CBNâs Director of Corporate Communications, Dr Isa Abdulmumin, who said, âMPC is not holdingâ a meeting this week in a text message response.
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The meeting, which was scheduled to be held on Monday and Tuesday, has been postponed for a second time since Olayemi Cardoso became governor in September.
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This latest postponement will keep investors and analysts waiting a bit longer for Cardosoâs approach to surging inflation, which hit 27.33 per cent in October 2023.
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