The Central Bank of Nigeria (CBN) has postponed the 293rd meeting of the Monetary Policy Committee (MPC) indefinitely without reason.

CBN spokesman, Abdulmumin Isa simply said in a statement that a new date would be communicated.

The MPC, which was scheduled for Monday and Tuesday next week, would have afforded the committee opportunity to review the interest rate position of the CBN amidst growing inflation concern.

It is unclear if the postponement of the meeting is linked to the appointment of new governor and deputy governors for the bank.

Last week, President Bola Tinubu named Yemi Cardoso as the new CBN governor and Sani Ahmad Dattijo, Emem Usoro, Philip Ikeazor, and Bala Bello as deputy governors.

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