Regulatory Alerts2025-11-26 | CBN/MPC/COM/159/302Personal Statements of MPC Members for the 302nd Meeting of the Monetary Policy Committee (MPC)
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria significantly reduced the Monetary Policy Rate (MPR) by 50 basis points to 27.00 percent, citing sustained disinflation and the need to bolster economic recovery. Alongside this, the Committee adjusted the Cash Reserve Ratio (CRR) for commercial banks to 45 percent and introduced a new 75 percent CRR on non-Treasury Single Account (non-TSA) public sector deposits to enhance liquidity management. These actions, coupled with an adjustment to the Standing Facilities corridor, aim to improve interbank market efficiency and strengthen monetary policy transmission while maintaining price stability.
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