July 21, 2026/InvestmentOne Report
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held their 3rd meeting of the year where they voted to:
- Maintain the Monetary Policy Rate (MPR) at 26.50%.
- Leave the Standing Facilities Corridor unchanged at +50bps/-450bps around the MPR
- Keep the Cash Reserve Requirement (CRR) at 45.00% for Deposit Money Banks and 16.00% for Merchant Banks.
- Preserve the 75.00% CRR on Non-TSA public sector deposits.
- Retain the Liquidity Ratio unchanged at 30.00%.
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