CBN REDUCES INTEREST RATE BY 50 BASIS POINTS TO 27%
The Central Bank of Nigeria’s Monetary Policy Committee has reduced the interest rate by 50 basis points, from 27.5 per cent in July to 27 per cent. This followed the decision of the 12 members of the Committee at its 302nd meeting held on September 22nd and 23rd, 2025. The asymmetric corridor around the MPR was retained at +260 and -250 basis points, providing a framework for liquidity management and […]