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Emerging Markets Policy: Uganda Holds Rates; Nigeria Sets MPC Calendar
Abstract：The Bank of Uganda has maintained its benchmark interest rate at 9.75% citing stable inflation, while the Central Bank of Nigeria has confirmed dates for its upcoming monetary policy review in late February.
Central banks in key African markets are signaling cautious stability as the Bank of Uganda (BoU) maintains its policy stance, while the Central Bank of Nigeria (CBN) prepares for its next liquidity assessment.
Bank of Uganda Retains 9.75% Rate
The Bank of Uganda has voted to keep the Central Bank Rate (CBR) unchanged at 9.75%. Policymakers cited a subdued inflation outlook as the primary driver for the decision.
Nigeria Eyes February MPC Meeting
The Central Bank of Nigeria (CBN) has officially scheduled its 304th Monetary Policy Committee (MPC) meeting for February 23 and 24, 2026.
Data Snapshot
- Uganda Central Bank Rate: 9.75%
- Nigeria MPC Meeting Date: February 23-24, 2026
- Currency Focus: Naira (NGN)
- Sector Development: Petroleum Industry Act (PIA)
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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