Monetary Policy
Monetary Policy news
The MPC’s 50bps rate cut and what it means for your money
At the 304th policy meeting held yesterday, the Monetary Policy Committee cut the policy rate by 50 basis points to...
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Explainer: Three reasons why the CBN cut MPR rates to 26.5%
The Central Bank of Nigeria’s Monetary Policy Committee voted to cut the benchmark Monetary Policy Rate by 50 basis points...
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CPPE: CBN’s rate cut positive for growth, but lending rates still high
The Centre for the Promotion of Private Enterprise (CPPE) has expressed concern over the weak transmission of monetary policy adjustments...
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Nigeria’s FX reserves hit $50.45 billion, highest in 13 years – Cardoso
Nigeria’s gross external reserves rose to $50.45 billion as of February 16, 2026, marking the highest level in 13 years, as the...
Read moreDetailsCBN cuts interest rate to 26.5% at 304th MPC meeting
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.5% from 27%.
Read moreDetailsHold or cut? MPC weighs stronger case for policy easing – Analysts say
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%
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 week
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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