{"id":15779,"date":"2024-01-20T09:30:58","date_gmt":"2024-01-20T08:30:58","guid":{"rendered":"https:\/\/thedailyleaks.com\/?p=15779"},"modified":"2024-01-20T09:52:44","modified_gmt":"2024-01-20T08:52:44","slug":"central-bank-of-nigeria-to-hold-policy-meeting-in-feb-first-since-july","status":"publish","type":"post","link":"https:\/\/thedailyleaks.com\/central-bank-of-nigeria-to-hold-policy-meeting-in-feb-first-since-july\/","title":{"rendered":"Central Bank of Nigeria to hold policy meeting in Feb, first since July"},"content":{"rendered":"<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-0\">Jan 19, 2024 &#8212; The Central Bank of Nigeria (CBN) has slated its next interest rate meeting for February, the first since last July, according to a schedule released on Friday.<\/div>\n<div data-testid=\"paragraph-2\">\n<p>In a statement published on its website, the Central Bank of Nigeria has <a class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__link__3Ji6W link__underline_default__2prE_ link__with-icon__3x3oD\" href=\"https:\/\/www.cbn.gov.ng\/Out\/2024\/CCD\/MPC%20Meetings%20Calendar%202024.pdf\" target=\"_blank\" rel=\"noopener\" data-testid=\"Link\">tentatively scheduled<\/a> the Monetary Policy Committee (MPC) for Feb. 26 and 27, the first meeting under new Governor Olayemi Cardoso.<\/p>\n<p><strong>ALSO READ:\u00a0<a href=\"https:\/\/thedailyleaks.com\/nigeria-central-bank-lifts-forex-ban-on-43-items\/\">Nigeria central bank lifts forex ban on 43 items<\/a><\/strong><\/p>\n<p>The naira has slid steadily against the dollar, fuelled by ongoing liquidity shortages that have seen the naira swing wildly in official trading. It has dropped to around 1,350 to the dollar on the parallel market.<\/p>\n<p>Investors are awaiting the MPC&#8217;s guidance on interest rates, with analysts divided on the likely direction. At its last meeting in July, the central bank opted for a smaller-than-expected rate hike of 25 basis points.<\/p>\n<p>The schedule lists six MPC meetings for the year, including in the last weeks of March, May, July, September and November.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Jan 19, 2024 &#8212; The Central Bank of Nigeria (CBN) has slated its next interest rate meeting for February, the first since last July, according to a schedule released on Friday. In a statement published <a class=\"mh-excerpt-more\" href=\"https:\/\/thedailyleaks.com\/central-bank-of-nigeria-to-hold-policy-meeting-in-feb-first-since-july\/\" title=\"Central Bank of Nigeria to hold policy meeting in Feb, first since July\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":15780,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,2],"tags":[169,41,2918],"coauthors":[25],"class_list":{"0":"post-15779","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-top-news","9":"tag-cbn","10":"tag-nigeria","11":"tag-olayemi-cardoso"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Central Bank of Nigeria to hold policy meeting in Feb, first since July - The Daily Leaks<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedailyleaks.com\/central-bank-of-nigeria-to-hold-policy-meeting-in-feb-first-since-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central Bank of Nigeria to hold policy meeting in Feb, first since July - The Daily Leaks\" \/>\n<meta property=\"og:description\" content=\"Jan 19, 2024 &#8212; The Central Bank of Nigeria (CBN) has slated its next interest rate meeting for February, the first since last July, according to a schedule released on Friday. 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