By Ukumbi Afrika |
Getting your Trinity Audio player ready...
|
Abuja– The Central Bank of Nigeria (CBN) on Tuesday left its benchmark Monetary Policy Rate (MPR) unchanged at 26.50%, maintaining its current monetary policy stance.
CBN Governor Olayemi Cardoso announced the decision following the Monetary Policy Committee meeting, signalling the bank’s continued focus on managing inflation while supporting macroeconomic stability.
The decision comes as policymakers continue to monitor inflationary pressures, exchange rate developments and broader economic conditions.
Source: Reuters
Reporter: Elisha Bala-G