CBN sustains Monetary Policy

The Monetary Policy Committee of the Central Bank of Nigeria has sustained the country’s interest rate at 27.50 per cent for the second time in 2025.

Olayemi Cardoso, the Governor of the Central Bank of Nigeria, disclosed this during a press briefing on Tuesday after the 300th Monetary Policy Committee’s meeting in Abuja.

This second pause in rates comes after six consecutive hikes recorded in 2024