CBN Cuts Interest Rate to 27%, Economist Says It’s Not Enough for Nigerian Economy

Tekedia | 24-09-2025 12:25pm |

The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has trimmed the benchmark interest rate by 50 basis points, lowering the Monetary Policy Rate (MPR) from 27.5 percent in July to 27 percent at its 302nd meeting held September 22–23, 2025. The decision, reached by the 12-member Committee, marks the most significant signal yet that

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