Updates

Personal Statement by the MPC Members at the 158th MPC Meeting July 21-22, 2025

September 16, 2025/CBN 1.  AKU PAULINE ODINKEMELU   I vote to retain the Monetary Policy Rate (MPR) at 27.50%, the asymmetric corridor around the MPR at +500/-100 basis points, Cash Reserve Ratio of Deposit Money Banks at 45.00% and Merchant Banks at 16%, and the Liquidity Ratio at 30.00%. The […]

Nigeria August 2025 CPI: Inflation May Fall More Sharply in the Coming Months

September 16, 2025/Cordros Report Based on data from National Bureau of Statistics (NBS), Nigeria’s headline inflation moderated by 175bps to 20.12% y/y in August (July: 21.88% y/y), primarily driven by a slowdown in food prices (-87bps to 21.87% vs July: 22.74%) and core (-100bps to 20.33% y/y vs July: 21.33% […]

UBA Hosts Global Leaders at UNGA 2025, Launches Whitepaper on Unlocking Africa’s Potential

September 16, 2025/UBA Plc Africa’s Global Bank, United Bank for Africa (UBA) Plc is set to make a bold statement on the global stage as it will be gathering world leaders, policymakers, and investors and other private sector players at the forthcoming 2025 United Nations General Assembly (UNGA).   This […]