The Central Bank of Nigeria’s monetary policy committee will commence a 2-day rate-setting meeting later on Monday.
Naija News understands that the committee is expected to focus on the state of the economy, and decide on key monetary policy parameters.
The most anticipated meeting is expected to start today, following the country’s inflation easing from 11.4% in May to 11. 2% in June.
Governor of the CBN, Godwin Emefiele, will announce details and outcome of the meeting to the media on Tuesday.
Nigeria’s Monetary Policy Rate currently stands at 13. 50%.