July 13, (THEWILL) — The Central Bank of Nigeria (CBN) says it will hold its 301st Monetary Policy Committee (MPC) meeting on Monday, July 21, and Tuesday, July 22, 2025.
The apex bank disclosed this in a statement titled “Notice of the 301st Meeting of the Monetary Policy Committee (MPC)”.
According to the notice, the Meting will be held at the MPC Meeting Room, 11th floor of the CBN Headquarters in Abuja.
At its last meeting in May, the MPC unanimously voted to hold the benchmark policy rate at 27.50%. 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.
Members also acknowledged relative stability in the foreign exchange market and emphasised the importance of sustaining ongoing monetary reforms to reinforce market confidence.
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