CBN Retains MPR at 27.50% Amid Inflation Moderation, Improved Macroeconomic Thresholds Says decline in crude oil prices pose new challenges for budget implementation
James Emejo in Abuja and Nume Ekeghe in Lagos
The Central Bank of Nigeria (CBN)
yesterday resolved to leave the monetary policy parameters, including the Monetary Policy Rate (MPR), the benchmark interest rate, unchanged
at current levels. Monetary Policy Committee (MPC) of the apex bank unanimously voted to hold policy, retaining the MPR,
the rate at which commercial banks borrow from the central bank, at 27.50 per cent. The committee also retained the
asymmetric corridor around the MPR at +500/-100 basis points, Cash Reserve Ratio of Deposit Money Banks at 50 per cent and
Merchant Banks at 16 per cent, and left the Liquidity Ratio unchanged Continued on page 10
TIME Names Aliko Dangote among World’s Top 100 Philanthropists... Page 27
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In Major Win for Anti-graft War, EFCC Transfers 753 Houses Seized from Emefiele to Housing Ministry... Page 10
Idris: Tinubu’s Reforms Initially Triggered Hardship, Now Yielding Measurable Outcomes Says renewed hope agenda laying groundwork for nation’s economic rebirth Eno: Nigeria’s economic problems not president’s creation
Deji Elumoye and Olawale Ajimotokan in Abuja Minister of Information and National Orientation, Mohammed Idris, yes-
terday, said though President Bola Tinubu’s reforms initially triggered hardship, they had started yielding measurable outcomes. Idris insisted that the Renewed Hope
Agenda, Tinubu’s signature programme, was laying the foundation for Nigeria’s economic renaissance through bold reforms, strategic investments, and inclusive policy innovations.
This was as the Akwa Ibom State Governor Umo Eno, hassaid Nigeria’s economic problems predated the administration of Tinubu, stressing that the president deserved national
support to steer the country through the difficult times. Speaking at the 2025 Nigeria Public Relations Week in Uyo, the Akwa Ibom State capital, Idris stated that the Tinubu
administration policy direction had repositioned Nigeria for significant economic reforms, which were yielding Continued on page 10
Putting Otti, Mbah on the Spot, Umahi Claims All South East Govs Are Supporting Tinubu for 2027
PDP caucus in region formally re-presents Ude-Okoye for nat’l secretary, threatens to pull out if rejected Udenwa insists forces behind Anyanwu not bigger than them Deputy national chair promises party’ll discuss their resolution, submit it to NEC Our party still waxing strong, senators declare
Story on page 10
BRIEFING ON DECISIONS OF THE 300TH MPC MEETING...
L–R: Deputy Governor, Corporate Services and Member MPC, Ms Emem Usoro; Deputy Governor, Economic Policy and Member MPC, Mr. Muhammad Sani Abdullahi; The Central Bank Governor and Chairman of the Monetary Policy Committee (MPC), Mr. Olayemi Cardoso; Deputy Governor, Operations and Member MPC, Dr. Bala Bello and Deputy Governor, Financial System Stability and Member MPC, Mr. Phillip Ikeazor at the PHOTO; SUNDAY AGHAEZE. briefing on the decisions of the 300th MPC meeting held at the CBN Head Office in Abuja... yesterday