Nigeria's Central Bank Maintains Steady Monetary Policy Rate Amid Economic Uncertainties
The Central Bank of Nigeria's Monetary Policy Committee (MPC) has decided to maintain the monetary policy rate (MPR) at 27.0% to sustain recent economic successes, manage inflation, and stabilize the exchange rate. The decision reflects a strategic approach to balance the need for sustained economic stability.
Nigeria's inflation rate has been on a decline for seven consecutive months, with headline inflation dropping to 16.05% in October 2025. The MPC's decision aims to prioritize price stability and support household income and business confidence.
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