At the July 2023 meeting, the committee had raised MPR by 25 basis points to 18.75 per cent from 18.50 per cent.
“Cardoso and his colleagues subscribed to the relevant oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja.”
According to her, the physical location of the event is the Transcorp Hilton Hotel, Abuja.
This is the first interest rate meeting and decision by the CBN since President Bola Tinubu took over on May 29.
The CBN has announced that the 292nd meeting of the MPC will be held on Monday and Tuesday, to be chaired by Folashodun Shonubi, the acting governor of the CBN.
According to him, banks no longer empathise with their customers, as was the case in the past.
The two groups recently held strategic discussions on how to deepen collaboration on financial inclusion in Nigeria.
