The Central Bank of Nigeria has scheduled its 301st MPC meeting for Monday and Tuesday, July 21 and 22, 2025. This information was shared on the bank’s official website over the weekend.
The MPC, which is the bank’s top body for making key monetary decisions, will gather in Abuja to discuss the country’s interest rates and inflation levels.
The bank will decide whether to keep interest rates unchanged or to tighten monetary policies.
In May, Nigeria’s inflation rate dropped to 22.97 percent. During the 300th MPC meeting, led by Olayemi Cardoso, the CBN kept interest rates at 27.50 percent after the inflation decline.
Some economists, like Dr. Muda Yusuf from the Centre for the Promotion of Private Enterprise, have called for Nigeria to lower its interest rates.
