MPC meeting to hold 19th and 20th September

The 252^nd meeting of the Monetary Policy Committee has been scheduled to hold Monday, September 19^th and Tuesday, September 20^th, 2016.

The meeting will take place at the CBN Coorporate Headquarters in Abuja, a press release by the central bank said.

Monetary Policy Rates increased to 14% from 12%, increasing interest rates by 200 basis points, after the last MPC meeting held in July early this year.

Likely to be of utmost priority at next week’s meeting is how to conduct monetary policies in the light of the naira float, a BusinessDay analyst has said.