The Monetary Policy Committee (MPC) is a body within Nigeria's Central Bank that makes decisions regarding the country's monetary policy, including interest rates.
Ethiopia holds rate at 15% as inflation eases but stays above target
The National Bank of Ethiopia kept its benchmark rate unchanged at 15% after the MPC meeting on September 25, 2025. Headline inflation slowed to 13.6% in August, down from 18.8% a year earlier, due to lower food prices.
Nigeria’s inflation slows to 21.8% four times in a row, but food prices still bite
Nigeria's headline inflation slowed down for the fourth consecutive month. Consumer prices dropped to 21.8% in July from 22.22% in June 2025.
Nigeria’s inflation slows in third consecutive month to 22.22%
Nigeria's headline inflation decelerated to 22.22% in June, down from 22.97% in May. Food inflation increased slightly to 21.97% in June compared to the previous month.
Nigeria’s new inflation figures fall to 24.48%, after rebasing exercise
Nigeria's headline inflation dropped to 24.48% from 34.80% after a rebasing exercise. The rebasing updated the basket of goods from 740 to 960 items.
Kenyan banks to lower interest rates following pressure from the Central Bank
CBK reduced the benchmark rate by 75 basis points to 11.75%. The gap between CBR and lending rates rose to a 31-month high.
