The Monetary Policy Committee of the Central Bank of Nigeria has retained the country’s interest rate at 27.50 per cent for the second time in 2025.
The Governor of CBN, Olayemi Cardoso, disclosed this during a press briefing on Tuesday after the 300th MPC meeting in Abuja.
“The Committee was unanimous in its agreement to hold all parameters,” he said
This second pause in rates comes after six consecutive hikes recorded in 2024.
More details shortly…
