By NIyi Jacobs
The Central Bank of Nigeria (CBN) has rescheduled its 299th Monetary Policy Committee (MPC) meeting, moving it from February 17-18 to February 18-19, 2025.
The adjustment puts an end to speculation over possible delays, which arose due to the National Bureau of Statistics (NBS) postponing the release of the rebased Consumer Price Index (CPI).
With a new date now confirmed, economic analysts are turning their attention to the committee’s stance on the Monetary Policy Rate (MPR). Given prevailing inflationary pressures and recent policy trends, the key question remains whether the CBN will maintain its current rate or implement another hike.
As inflation continues to weigh on households and businesses, the outcome of the MPC meeting will be closely watched for signals on the bank’s strategy to stabilize prices and support economic growth.
