BREAKING: CBN retains interest rate at 26.5%

The monetary policy committee (MPC) of the Central Bank of
Nigeria (CBN) has again retained the monetary policy rate (MPR) at 26.5
percent.

 

Olayemi Cardoso, CBN’s governor, announced the committee’s
decision at a press conference on Tuesday after the panel’s 306th meeting in
Abuja.

 

This is the second time the CBN committee has left the
interest rate unchanged in 2026.

 

More to follow…