2025-07-22 | CBN/MPC/COM/158/301 

Central Bank of Nigeria Communique No.158 of the 301st Meeting of Monetary Policy Committee held on Tuesday, 22nd July 2025

The Central Bank of Nigeria's Monetary Policy Committee (MPC) has decided to maintain the monetary policy rate at 27.50 percent to sustain disinflation momentum and contain price pressures. This decision was made during their 301st meeting on July 21 and 22, 2025, where they reviewed economic and financial developments. The committee noted the decline in headline inflation but observed an uptick in month-on-month inflation, suggesting persistent price pressures. The MPC will continue to assess economic conditions to inform future policy decisions, aiming to foster stability and confidence in the Nigerian economy.

Nigeria

Central Bank of Nigeria

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