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https://www.cbn.gov.ng › MonetaryPolicy › decisions.html
Leave the Monetary Policy Rate MPR unchanged at 6 per cent with the asymmetric corridor of interest rates remaining at 200 basis points above the MPR and 400 basis points below the MPR
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The Central Bank of Nigeria s CBN Monetary Policy Committee MPC has reduced the Monetary Policy Rate MPR by 50 basis points lowering it from 27 5 percent to 27 percent
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The Monetary Policy Committee MPC of the Central Bank of Nigeria CBN has retained the Monetary Policy Rate MPR at 26 5 following the conclusion of its 305th meeting
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Central banks use monetary policy to manage economic fluctuations and ensure price stability with the monetary policy rate MPR at its core In Nigeria from the return to democracy in
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All 12 members agreed to cut the Monetary Policy Rate MPR by 50 basis points to 27 00 per cent from 27 50 per cent The committee also adjusted the asymmetric corridor around the
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The Monetary Policy Rate MPR is the benchmark interest rate set by the Central Bank of Nigeria CBN to influence the cost and availability of credit in the economy
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The Central Bank of Nigeria CBN has reduced the Monetary Policy Rate MPR by 50 basis points from 27 5 percent to 27 percent
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Increasing the MPR makes borrowing more expensive reducing spending and investment to help control inflation Conversely lowering the MPR makes borrowing cheaper
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Nigeria s annual inflation rate fell for the seventh straight month to 16 05 in October 2025 the softest since March 2022 from 18 02 in the prior month The central bank also kept all other rates
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