Nigeria & United Kingdom — Monetary Policy Committee
3 shared events · Importance 3 · Last updated Jul 30, 2026
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Domestic
Nigeria: Nigeria's economy showed resilience with GDP growth of 3.89% in Q1 2026 and external reserves rising to $52.52 billion, but faces risks from global geopolitical tensions and food inflation.
United Kingdom — Monetary Policy Committee: The MPC unanimously voted to hold the MPR at 26.5%, signaling a cautious approach to balancing inflation control with economic growth.
Jul 21, 2026 · 7 articles
Domestic
Nigeria: Nigeria's external position has strengthened markedly, improving its ability to withstand shocks and attract investment, though inflation and global risks remain.
United Kingdom — Monetary Policy Committee: The MPC held rates steady despite market expectations, citing external shocks; its data-driven approach is key to managing inflation.
Jul 16, 2026 · 7 articles
Business
Nigeria: Nigeria's foreign exchange market stability reflects improved economic management, though import demand and global uncertainties remain challenges.
United Kingdom — Monetary Policy Committee: The MPC retained the benchmark rate at 26.5%, supporting macroeconomic stability and contributing to forex market confidence.
Jul 27, 2026 · 16 articles
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