In a significant move to address the challenges facing Nigeria’s economy, the Nigerian Senate confirmed 12 members for the Monetary Policy Committee (MPC) of the Central Bank of Nigeria. The confirmed members, led by CBN Governor Olayemi Cardoso as Chairman, are expected to swiftly devise policies aimed at revitalizing the nation’s ailing economy. The confirmation process, which took place on Thursday, followed the presentation of the Senate Committee on Banking, Insurance, and other Financial Institutions’ report, chaired by Senator Adetokuunbo Abiru. Senator Abiru highlighted the nominees’ wealth of experience and…
Read MoreNigerian Senate Approves 12 Members, Including Olayemi Cardoso, for Central Bank’s Monetary Policy Committee
