mpc

  1. CBN Cuts Interest Rate to 26.5% - Lowest Since May 2024

    Nigeria CBN Cuts Interest Rate to 26.5% - Lowest Since May 2024

    The Digest: The Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) has reduced the Monetary Policy Rate (MPR) from 27 percent to 26.5 percent, the lowest level since May 2024 when it stood at 26.25 percent. Governor Olayemi Cardoso announced the 50-basis-point cut at the...
    • Nigeria News
    • Article
    • 1 min read
    • cbn interest rate mpc olayemi cardoso
    • Category: Business
  2. Nigeria's Inflation Rate Drops Slightly to 15.10% in January 2026 - NBS

    Nigeria Nigeria's Inflation Rate Drops Slightly to 15.10% in January 2026 - NBS

    The Digest: Nigeria's headline inflation eased marginally to 15.10 per cent in January 2026, down from 15.15 per cent in December 2025, according to the National Bureau of Statistics (NBS). The figures, released Monday, come ahead of the Central Bank of Nigeria's Monetary Policy Committee...
  3. What Does CBN’s 27.5% Rate Hold Mean for Nigerians and Small Businesses?

    Nigeria What Does CBN’s 27.5% Rate Hold Mean for Nigerians and Small Businesses?

    The Central Bank of Nigeria (CBN) Monetary Policy Committee has kept the monetary policy rate steady at 27.5%, aiming to better assess economic developments. The committee noted improvements in inflation and foreign reserves but highlighted ongoing inflationary pressures. CBN’s Monetary Policy...
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