MPR 27.5%
MPC Holds Rate, Sparks Debate Over Inflation Risks
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has once again retained the Monetary Policy Rate (MPR) at 27.5%, marking the third consecutive hold in 2025. The decision, announced by CBN Governor Olayemi Cardoso after the MPC’s 301st meeting in Abuja, has sparked mixed reactions among financial experts and business stakeholders. […]
Stock Market Dips as CBN Holds MPR at 27.5%
Investor sentiment at the Nigerian stock market turned bearish last week following the Central Bank of Nigeria’s (CBN) decision to retain the Monetary Policy Rate (MPR) at 27.5%. The CBN’s move, aimed at curbing inflation and maintaining monetary stability, led to a wave of sell-offs across several equities, triggering a market-wide decline in key indices. […]