Nigeria’s Monetary Policy Committee (MPC) has reduced the Monetary Policy Rate (MPR) from 26.5 percent to 23 percent, delivering a 350-basis-point cut as inflation continues to moderate. The decision represents …
Category:
Inflation
Nigeria’s Monetary Policy Committee (MPC) is heading into its latest interest-rate decision with inflation easing for three consecutive months and food inflation recording its first decline in about six months. …
- AgricultureBusinessEconomyInflationNigeria
Nigeria’s Inflation Eases to 14.45% in November 2025, Supporting Consumer Spending and Business Activity
Nigeria’s headline inflation rate slowed further in November 2025, as consumer price pressures moderated under the new base year, according to the latest Consumer Price Index (CPI) report released by …
- BankingBusinessEconomyFinanceInflationMonetary Policy
CBN Keeps Interest Rate at 27% as Inflation Slows and Exchange Rate Stabilises
The Central Bank of Nigeria has once again held the Monetary Policy Rate at 27 per cent, marking the fourth time this year that the rate has remained unchanged. The …
- BusinessEconomyFinanceInflationMarketsPrivate Sector
Nigerian Private Sector Expands as Inflation Slows, New Orders Hit Three-Month High
Nigeria’s private sector recorded a rise in new orders in November, reaching the highest level in three months as inflationary pressures continued to ease. This is according to the latest …
- EconomyFinanceGOVERNMENTInflationINVESTMENTPolicies
Finance Minister Wale Edun Says Nigeria’s Economy Has Turned the Corner
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured Nigerians that the country’s economy is on a recovery path, saying the most difficult period is …
- BusinessCentral BankingEconomyFinanceInflationMonetary PolicyNigeria
CBN Cuts Benchmark Rate to 27% in First Policy Shift Since 2020 Pandemic
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has, for the first time since the Covid-19 pandemic in 2020, reduced the benchmark interest rate, signalling a cautious …
- BankingBusinessEconomyFinanceInflationMonetary Policy
CBN Cuts Interest Rate to 27% as OPS Says Relief Still Too Small
The Central Bank of Nigeria has reduced the country’s benchmark interest rate to 27 per cent, marking the first cut in 2025 after three consecutive pauses. The move signals a …
- BusinessEconomyGovernment PolicyInflationManufacturingRegulationTrade
Manufacturers Oppose FG’s Plan to Introduce Tax Stamp System on Excisable Products
The Manufacturers Association of Nigeria (MAN) has cautioned the Federal Government against the planned introduction of a Tax Stamp System on excisable products, warning that the policy would worsen inflation, …
- EconomyGlobal MarketsInflationMonetary PolicyStock Market
Asian Stocks Waver as US Fed Cuts Rates Amid Jobs Concerns
Equities across Asia traded mixed on Thursday after the United States Federal Reserve lowered interest rates for the first time since December, leaving investors uncertain about how many more cuts …
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