CBN Holds Interest Rate At 27.5% Following Inflation Rebasing
The Central Bank of Nigeria (CBN) on Thursday maintained its benchmark Monetary Policy Rate (MPR) at 27.5%, following the recent rebasing of the Consumer Price Index (CPI) by the National Bureau of Statistics (NBS). The NBS, on Tuesday, announced a CPI rebasing, which significantly revised Nigeria’s headline inflation rate to 24.5% year-on-year in January 2025, … Continue reading CBN Holds Interest Rate At 27.5% Following Inflation Rebasing
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