• Central Bank of Nigeria
• inflation
• Interest Rate
• Monetary Policy Committee

CBN Holds Interest Rate at 27.5% Amid Signs of Inflation Slowdown

• 

  admin / 2 months
• 0
• 2 min read

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 27.5 per cent, keeping all other key policy parameters unchanged. The decision was announced by CBN Governor Olayemi Cardoso following the committee’s meeting held on 19 and 20 May. The MPC also maintained the asymmetric corridor […]