2025-02-20 | CBN/MPC/COM/156/299

Central Bank of Nigeria Communique No.156 of 299th Meeting of Monetary Policy Committee held on Thursday,20 February 2025

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 299th meeting on February 19th and 20th, 2025, deciding to retain the Monetary Policy Rate (MPR) at 27.50 per cent. The committee also decided to hold all other parameters constant. Recent macroeconomic developments are expected to positively impact price dynamics. The MPC acknowledged improvements in the external sector and urged continued efforts to boost market liquidity.