{
  "id": 9171290,
  "title": "CBN “resets” MPR by 350 basis points to 23%, biggest cut since 2006",
  "url": "https://urgent.news/2026/09/22/cbn-resets-mpr-by-350-basis-points-to-23-biggest-cut-since-2006",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T13:16:56.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/09/22/cbn-resets-mpr-by-350-basis-points-to-23-biggest-cut-since-2006/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Central Bank of Nigeria (CBN) has “reset” the Monetary Policy Rate (MPR) by 350 basis points to 23%, following the 307th meeting of the Monetary Policy Committee (MPC) in Abuja. CBN Governor Olayemi Cardoso announced the decision following the meeting, which had 11 members in attendance. The decision effectively reduces the benchmark interest rate […] The post CBN “resets” MPR by 350 basis…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}