CBN Resets Benchmark Rate to 23.00% in Strategic Operational Recalibration at 307th MPC Meeting in Abuja

At the conclusion of its 307th MPC meeting held at the CBN Headquarters in Abuja, the Central Bank of Nigeria resets the Monetary Policy Rate from 26.50% to 23.00% and recalibrates the corridor to +50/-300 bps to eliminate market divergence as disinflation accelerates.