The decision comes after the central bank earlier reduced the Monetary Policy Rate (MPR) by 50 basis points in February, bringing it down from 27 per cent, a level it had held steady since November 2025.

A recent CBN survey reveals 63.3% of Nigerians want lower Nigeria interest rates despite high inflation. Read about the economic outlook ahead of the MPC m

At 35.17%, Maximum Lending Rate Remains Flat for Second-consecutive Month