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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Wednesday decided to maintain the Monetary Policy Interest Rate (MPR) at 26.5%.
This is part of the decision taken at the 305th MPC meeting which was attended by 11 members.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, who announced the decision at the end of the meeting in Abuja, said “The Committee decided to maintain the Monetary Policy Interest Rate at 26.5 percent.”
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The decision follows a 50 basis point reduction in February 2026 and an earlier hold on the MPC briefing in November 2025.
By maintaining the benchmark interest rate and maintaining all other key policy parameters at current levels, the apex bank is signaling a cautious stance towards managing inflation and overall macroeconomic stability.
