mpc meeting

The Digest: The Central Bank of Nigeria has reduced its benchmark interest rate for the first time since 2020, lowering the Monetary Policy Rate by 0.5% to 27% in a move aimed at stimulating economic growth while maintaining inflation control. This strategic shift directly impacts Nigerians by...

The Digest: The Central Bank of Nigeria has lowered its benchmark interest rate for the first time this year, reducing the Monetary Policy Rate by 50 basis points to 27.00 per cent. The decision, announced by CBN Governor Olayemi Cardoso after the 302nd MPC meeting in Abuja, signals a shift in...

The Digest: The Central Bank of Nigeria (CBN) has announced the date for the 301st Monetary Policy Committee (MPC) meeting, set for July 21-22, 2025. The meeting will focus on Nigeria’s interest rate, inflation, and possible monetary policy adjustments, following a recent drop in inflation to...