February 24, 2026/Cordros Update
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at today’s policy meeting, voted to:
- Reduce the MPR by 50bps to 26.50% (Previous: 27.00%)
- Retain the asymmetric corridor around the MPR at +50bps/-450bps
- Retain the CRR for Deposit Money Banks at 45.0%, and Merchant Banks at 16.0%
- Retain the 75.0% CRR on non-Treasury Single Account (TSA) public sector deposits
- Retain liquidity rate at 30.0%
