FX.co ★ Nigeria Keeps Key Policy Rate at 27%

On November 25, 2025, the Central Bank of Nigeria opted to keep its benchmark interest rate steady at 27%, after having reduced it by 50 basis points in September. This decision was made to preserve the progress made towards achieving low and stable inflation rates. In October 2025, Nigeria's annual inflation rate decreased for the seventh consecutive month, reaching 16.05%—the lowest level since March 2022—from 18.02% in the previous month.