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Economy

Central Bank holds key rate at 27.5%, signals tight stance

8 months ago
by Editor
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Written by Editor

The Central Bank of Nigeria left the Monetary Policy Rate unchanged at 27.5%, citing the need to consolidate disinflation and guard against emerging risks. Governor Olayemi Cardoso reiterated a medium‑term goal of single‑digit inflation, while businesses urged complementary fiscal measures to ease cost pressures.

Source: https://www.reuters.com/world/africa/nigerias-central-bank-pledges-keep-policy-tight-it-holds-key-rate-again-2025-07-22/

CBN Inflation Interest rates Monetary Policy Rate
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