The Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN), has voted to retain the Monetary Policy Rate (MPR) at 11.5%
This was disclosed by Governor, CBN, Godwin Emefiele while reading the communique at the end of the MPC meeting on Tuesday 23rd March 2021.
Some of the highlights of the meeting are:
Nigeria’s headline inflation rate dropped to 20.12% in August 2025, marking its fifth consecutive month of decline from 21.88% in...
Across Africa, central banks are wielding high Monetary Policy Rates (MPRs) as a weapon against persistent inflation, currency volatility, and...
The Central Bank of Nigeria (CBN) maintained its key monetary policy instruments at the July 2025 Monetary Policy Committee (MPC)...
Nigeria’s export sector received a significant lift with the launch of the third phase of the UK-Nigeria Standards Partnership Programme,...
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