The Central Bank of Nigeria (CBN) has announced that the 301st meeting of the Monetary Policy Committee (MPC), where key interest rate decisions are made, will take place on Monday, July 21, and Tuesday, July 22, 2025.
According to the notice from the apex bank, the meeting will be held at the MPC Meeting room, at CBN head office, Abuja.
At its last meeting in May, the MPC unanimously voted to hold the benchmark policy rate at 27.50 percent. The decision reflected cautious optimism amid improving macroeconomic fundamentals. The Committee had noted that narrowing gaps between the official and parallel exchange rates, falling prices of Premium Motor Spirit (PMS), and a favourable trade balance signaled potential easing in inflationary pressures.
