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

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

    EditorBy EditorJuly 22, 2025No Comments1 Min Read
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    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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    EFCC secures conviction of ex-legislative aide over N120.5m employment scam.

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