May 20, 2026/InvestmentOne Update
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held their 2nd meeting of the year where they voted to:
– Hold the Monetary Policy Rate (MPR) at 26.50%.
– Retain the asymmetric corridor around the MPR at +50/-450bps.
– Maintain the Cash Reserve Ratio (CRR) for Commercial Banks at 45.00% and 16.00% for Merchant Banks.
– Maintain the 75.00% CRR on Non-TSA public sector deposits.
– Keep the Liquidity Ratio unchanged at 30.00%.
Please click HERE for the report.
