 The Senate has confirmed the appointment of 12 presences as members of the Monetary Policy Committee of the Central Bank of Nigeria, CBN. This confirmation comes after a report of the Committee on Banking, Insurance and All the Financial Institutions Committee of the CBN, was considered today. The confirmation of the new MPC members comes days to the first policy meeting of the APEX Bank on the new CBN governor. The meeting has been slated for February the 26th and 27th. In November last year, Cardoso, who was nearly appointed CBN governor by President Bola Chinabu in September, had said that the MPC meeting has not been effective on the his imparted predecessor, Gadwin Emefile. The appointments are in accordance with the provisions of the Act, that the nominees possess the requisite qualification, that we did not receive any petition against any of the nominees and that the nominees have been cleared by the Nigerian Police Force, Department of State Security and they have the Accord of Conduct and Acknowledgment Sleeves. Recommendations. Mr. President, distinguished colleagues, the Committee on Banking, Insurance and All the Financial Institutions, after robust engagement with the nominees and being satisfied with their experiences, performances and academic qualifications, do hereby recommend as follows, that the Senate do confirm the nomination of all the underlisted members as members of the Monetary Policy Committee of the Central Bank of Nigeria. The Senate did the Committee of the Whole considered the reports of the Committee on Banking, Insurance and All the Financial Institutions on the screening of Mr. President's nominees for appointment as members of the Monetary Policy Committee of the Central Bank of Nigeria and approved the nominations of Ole Eme Kaddusu as Chairman, Muame Sani Abdulahi as Member, Bala Bedou as Member, Ememu Soro as Member, Felipe Caso as Member, Jafia Lydia Sheu as Member, Lamidu Yuguda as Member, Moritalas Samusagagi as Member, Ailosh Uche Odu as Member, Agu Polin Odin Kemelu as Member, Mustafa Akiyomi as Member, and Bandele Eji Amor as Member. News Updates