...Inflation slowing amid trade tensions ... Electricity tariff, FX market demand pressures are key risks The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday kept the benchmark interest rate steady, signaling a cautious stance as inflation showed signs of moderation in April amid global uncertainty. In a widely anticipated decision, the MPC held its benchmark monetary policy rate (MPR) at 27.5 percent, citing the need to have a better grasp of near-term
...Inflation slowing amid trade tensions ... Electricity tariff, FX market demand pressures are key risks The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday kept the benchmark interest rate steady, signaling a cautious stance as inflation showed signs of moderation in April amid global uncertainty. In a widely anticipated decision, the MPC held its benchmark monetary policy rate (MPR) at 27.5 percent, citing the need to have a better grasp of near-term