BREAKING: CBN Retains Monetary Policy Rate at 26.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has voted to retain the Monetary Policy Rate (MPR) at 26.5% following its 305th meeting.


The decision was taken at the latest MPC session, which recorded the attendance of 11 members.


The committee maintained all key policy parameters at their current levels, signalling a continued cautious stance on inflation management and broader macroeconomic stability.


Details later…