Inflation decline, fx stability behind CBN’s rates cut

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) reduced the benchmark interest rate by 50 basis points (bps), from 27.5 per cent to 27 per cent. At the end of its 302nd meeting held on September 22 and 23, 2025, the committee voted unanimously to ease monetary policy in a bid

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