NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

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CPPE warns CBN against excessive tightening ahead 305th MPC meeting

Banking and Finance

CPPE warns CBN against excessive tightening ahead 305th MPC meeting

May 17, 2026 • By Stella Odiche

THE Centre for the Promotion of Private Enterprise (CPPE) has warned the Central Bank of Nigeria (CBN) against further aggressive monetary tightening, saying additional interest rate…