CBN Keeps Interest Rate at 27% in Unanimous MPC Vote
The Central Bank of Nigeria (CBN) has decided to retain the Monetary Policy Rate (MPR) at 27% after a unanimous vote by the Monetary Policy Committee (MPC) led by CBN Governor Olayemi Cardoso. The decision was announced at the end of the committee's 303rd meeting held in Abuja.
The MPC aims to consolidate recent economic stability by keeping key parameters unchanged, emphasizing the importance of maintaining low and stable inflation. The CBN chief assured that the bank remains committed to adopting necessary measures to sustain price stability and enhance economic resilience in the upcoming MPC meetings expected to be held in the first quarter of 2026.
Plus234Feed summary based on reporting from NaijaNews. Read the original report below.
Read full article
Continue on NaijaNews
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
CBN Retains Interest Rate at 27% to Sustain Progress Towards Low Inflation
Analysts Warn CBN's Tight Monetary Policy May Slow Economic Growth
CBN's 27% Rate Freeze: Cautious Move to Address Inflation and Global Uncertainties
CBN Retains Interest Rate at 27% Amid Easing Inflation in Nigeria
CBN Retains MPR at 27% to Ensure Economic Stability
CBN Retains MPR at 27% to Combat Inflation and Stabilize Markets
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
