The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, along with other monetary rate parameters.
May 21, 2026
…as Reserves hit $50b
By Emma Ujah, Abuja Bureau Chief
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, along with other monetary rate parameters.
Briefing the media on the outcome of the 305th Monetary Policy Committee (MPC) committee, in Abuja, yesterday, the Governor of the CBN, Mr. Olayemi Cardoso, said the Standing Facility Corridor around the MPR was subsequently left at +50/-450 basis points.
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