As we envisaged, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) reduced the Monetary Policy Rate (MPR) by 50bps to 26.50% (previous: 27.0%), citing sustained disinflation, naira appreciation, and an improved external position. However, the Committee retained the Standing Facility Corridor at +50bps/-450bps, while leaving the […]
OPINION/EDITORIAL
How South Africa Can Unlock its Economic Potential
IMF COUNTRY FOCUS (Credit: iStock by THEGIFT777) February 20, 2026/IMFBlog South Africa’s new inflation target is one of several actions helping to bolster macroeconomic stability; continued reforms, both macroeconomic and structural, can help maintain momentum and address longstanding vulnerabilities. South Africa demonstrated remarkable economic resilience in the face of global […]
Pre-MPC February 2026: MPC to lower the MPR by 50bps at the February Meeting
February 20, 2026/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria is scheduled to hold its first meeting of the year on 23–24 February. Since the previous meeting, risks to global economic stability have increased amid heightened geopolitical tensions and policy uncertainties. Nonetheless, the recent weakening […]
