The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has maintained the country’s interest rate at 27.50% for the second time in 2025.
CBN Governor Olayemi Cardoso announced this during a press briefing on Tuesday following 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.
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