CBN Further Raises Benchmark Interest Rate To 27.25%
The Central Bank of Nigeria (CBN) has further increased Monetary Policy Rate (MPR), also known as the benchmark interest rate by 50 basis points to 27.25 per cent. Prime Business Africa reports that this is the fifth consecutive time of raising the
![Worshippers stand inside the Menjar Shenkora Arerti Mariam Church under construction that collapsed in Arerti, Amhara region of northern Ethiopia, on Wednesday, October 1, 2025 [Samuel Getachew/AP Photo]](https://www.primebusiness.africa/wp-content/uploads/2025/10/Ethiopian-church-collapse-480x384.webp)
Follow Us