Regulatory Alerts2025-03-25 | CBN/MPC/COM/156/299Personal Statements of MPC Members for the 299th Meeting of the Monetary Policy Committee (MPC)
In a recent meeting, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) decided to maintain the Monetary Policy Rate (MPR) at 27.50 per cent. The committee also resolved to hold other parameters, including the asymmetric corridor around the MPR, the Cash Reserve Ratio of Deposit Money Banks, and the Liquidity Ratio. This decision was made after reviewing recent economic and financial developments, as well as assessing the risks to the outlook for 2025. The MPC noted that while there have been recent positive macroeconomic developments, inflationary pressures, driven largely by food prices, remain a concern.