The Central Bank of Nigeria has announced Monday and Tuesday, July 21 and 22, 2025, as the 301st Monetary Policy Committee meeting.
The apex bank disclosed this in a notice released on its official website at the weekend.
The MPC meeting, which is CBN’s highest decision-making body, would meet in Abuja to take on the country’s interest rate and inflation.
Accordingly, the apex will decide whether to sustain the interest rate pause and other monetary policy measures or tighten measures.
Nigeria’s inflation rate fell in May to 22.97 percent.
In the 300th MPC meeting, the Olayemi Cardoso-led CBN retained the interest rate at 27.50 percent upon the inflation rate drop.
Meanwhile, economists such as the Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Dr. Muda Yusuf, had called for a reduction in Nigeria’s interest.
