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UPDATED: CBN Cuts Interest Rate By 50 Basis Points To 27%
The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR) by 50 basis points, lowering it from 27.5% in July to 27%. The decision was reached at the 302nd meeting of the Monetary Policy Committee (MPC), held on September 22–23, 2025, where all 12 members voted in favour of the cut. The asymmetric corridor around the MPR was retained at +260 and -250 basis points,...
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