CBN Fixes New Date for February 2025 MPC Meeting as Economic Uncertainty Looms

 The Central Bank of Nigeria (CBN) has officially rescheduled the 299th Monetary Policy Committee (MPC) meeting, shifting it from its initial dates of February 17 and 18, 2025, to now hold on Wednesday, February 18 and Thursday, February 19, 2025.

The move comes amidst growing concerns over the delayed release of the rebased Consumer Price Index (CPI) by the National Bureau of Statistics (NBS), a key indicator that informs the committee’s decisions on monetary policy direction. The rescheduling aims to provide members with clearer inflation data as they deliberate on interest rates and economic stability measures.

With the new dates set, financial analysts and economic stakeholders are closely watching to see whether the CBN will maintain its current stance or opt for another Monetary Policy Rate (MPR) hike. Given prevailing inflationary pressures and exchange rate volatility, the outcome of this meeting could shape Nigeria’s financial trajectory in the months ahead.

As speculations ease with a definitive date now in place, attention remains on how the CBN will navigate economic headwinds, balancing inflation control with the need to sustain growth and investor confidence.