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CBN’s Monetary Committee To Meet March 20

by Editor
March 14, 2023
in Business
Reading Time:1 min read
0
CBN fixes N2b capital for mobile money operators

Estimated reading time: 4 minute(s)

The Central Bank of Nigeria has announced that its Monetary Policy Committee (MPC) meeting would be held on March 20 and 21, 2023.

The two-day meeting, according to the apex bank, would be held in Abuja as disclosed on its website.

The MPC is the highest policy-making committee of the Bank.

The members of the committee include Godwin Emefiele, Governor, CBN, (Chairman); Aisha Ahmad, Deputy Governor, Financial System Stability, CBN, (Member): Edward Adamu, Deputy Governor, Corporate Services, CBN, (Member); Folashodun Shonubi, Deputy Governor, Operations, CBN, (Member); Kingsley Obiora, Deputy Governor, Economic Policy, CBN, (Member); Festus A. Adenikinju, Department of Economics, University of Ibadan, (Member); Aliyu Sanusi, Department of Economics Ahmadu Bello University, (Member); Robert C. Asogwa, African Development Bank, Abuja, Member.

Others are Mike Obadan, Department of Economics and Statistics, University of Benin, (Member); Mohammed Salisu, Senior Special Assistant to The President, Development Policy, (Member) Momodu Omamegbe, Security & Exchange Commission, (Member) Aliyu Ahmed, Permanent Secretary, Federal Ministry of Finance, (Member).

It is mandated to review economic and financial conditions in the economy, determine the appropriate stance of policy in the short to medium term, review the CBN monetary policy framework regularly, and adopt changes when necessary.

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