For a second consecutive meeting, the Central Bank of Nigeria (CBN) maintained its benchmark interest rate at 27.5%, citing improved key economic indicators and a deceleration in food inflation.

La CBN a annoncé sa décision à l' issue d' une réunion de deux jours du Comité de politique monétaire (MPC) tenue à Abuja et publiée sur le site web de la CBN . The bank has chosen to maintain the key rate at 27.5%, thus ending a tightening cycle that began in 2022. The rate was raised by 875 cumulative basis points in 2024 to cope with persistent inflationary pressures. According to the governor of the Central Bank of Nigeria, Olayemi Cardoso, style="font-family: "Bookman Old Style”, serif"> the decision to maintain the key rate was unanimous, supported by recent macroeconomic improvements. The MPC also noted a gradual decline in food inflation, attributed to increased agricultural production and improved security in key agricultural areas