The Central Bank of Nigeria (CBN) has announced a new date for its 299th Monetary Policy Committee (MPC) meeting, shifting it from the initially scheduled February 17–18, 2025, to February 19–20, 2025.
In a statement on Monday, the apex bank clarified that the decision ends speculations about the meeting date, which arose due to delays by the National Bureau of Statistics (NBS) in releasing the rebased Consumer Price Index (CPI).
The statement read, “The Central Bank of Nigeria (CBN) has announced that the 299th meeting of its Monetary Policy Committee (MPC) earlier scheduled for February 17 and 18, 2025, will now be held on Wednesday, February 19 and Thursday, February 20, 2025.”
With a confirmed date now set for the 299th Monetary Policy Committee (MPC) meeting, economic analysts and financial market stakeholders are shifting their focus to the CBN’s next move on the Monetary Policy Rate (MPR).
Amid current economic trends, a key question remains: Will the committee maintain the rate or implement a hike to curb inflationary pressures?
The MPC meeting is a crucial event for Nigeria’s economic outlook, shaping interest rate decisions, inflation control, and broader macroeconomic stability.
