… Exports 20m Litres Surplus February 24, 2026/Dangote Group In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65 million litres of Premium Motor Spirit (PMS) daily to meet national demand, effectively positioning the country for sustained fuel self sufficiency […]
Updates
Post MPC February 2026: MPC Lowers the MPR by 50bps to 26.50%
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 […]
MPC Reduces MPR by 50bps to 26.50%
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 […]
