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Nigeria's central bank cut interest rates to 26.5% on Feb. 24, 2026, citing disinflation and stable exchange rates.
The Central Bank of Nigeria lowered its Monetary Policy Rate by 50 basis points to 26.5% on February 24, 2026, marking the second rate cut in six months.
The decision, unanimously approved by the Monetary Policy Committee, follows 11 consecutive months of disinflation, with headline inflation easing to 15.10% in January 2026.
The CBN cited stable exchange rates, improved food supply, and the delayed impact of prior rate hikes as key factors.
Other key policy tools, including the Cash Reserve Ratio and liquidity ratios, remained unchanged.
The move aims to support economic growth and credit expansion while maintaining vigilance over inflation.
El banco central de Nigeria recortó las tasas de interés al 26.5% el 24 de febrero de 2026, citando la desinflación y los tipos de cambio estables.