Nigerian central bank again postpones policy meeting

CBN has not held policy meeting since May despite 10 months of rising inflation

Central Bank of Nigeria
Wikimedia/Commons/Godwin Paya

Nigeria’s central bank has again postponed its monetary policy meeting, according to media reports, meaning it has held none since its current governor took office.

Bloomberg reported today (November 20) that the Central Bank of Nigeria had postponed its policy meeting, scheduled for the first two days of this week. A central bank spokesman did not give a reason for the postponement, or say when the monetary policy committee would meet.

The official inflation rate was 27.33% in October, the

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