Monetary Policy
Monetary Policy news
Nigeria’s FX reserves hit $50.45 billion, highest in 13 years – CardosoÂ
Nigeria’s gross external reserves rose to $50.45 billion as of February 16, 2026, marking the highest level in 13 years, as the...
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CBN cuts interest rate to 26.5% at 304th MPC meetingÂ
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.5% from 27%.
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Hold or cut? MPC weighs stronger case for policy easing – Analysts sayÂ
Nigeria’s Monetary Policy Committee (MPC) faces a finely balanced decision at its upcoming meeting on 23rd and 24th February, with...
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National Bank of Rwanda lifts rate 50bps to 7.25%Â
The National Bank of Rwanda has increased interest rate by 50 basis points to 7.25 percent in an effort to...
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Bank of Namibia retains 6.50% rate at first 2026 meeting
The Bank of Namibia has retained its benchmark policy rate at 6.50% at its first monetary policy meeting of 2026,...
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Survey: 65% of Nigerians want lower rates as MPC convenes next weekÂ
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) prepares to meet next week, new survey...
Read moreDetailsCBN to hold 304th MPC meeting on February 24
The Central Bank of Nigeria (CBN) has announced plans to hold its 304th Monetary Policy Committee (MPC) meeting on Monday...
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Bank of Uganda retains policy rate at 9.75% as inflation remains subduedÂ
The Bank of Uganda (BoU) has retained its benchmark Central Bank Rate (CBR) at 9.75%, maintaining its accommodative monetary policy...
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Corporate Nigeria defies high interest rates with N1.6 trillion CP issuances in 2025Â
Despite a restrictive monetary environment and historically high borrowing costs, Nigerian corporates raised a total of N1.61 trillion in commercial...
Read moreDetailsExternal Reserves cross $46 billion, highest level in eight years
Nigeria’s external reserves have crossed the $46 billion mark for the first time in about eight years, underscoring the steady...
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