2025-09-23 | CBN/MPC/COM/159/302

Central Bank of Nigeria Communique No.159 of the 302nd Meeting of Monetary Policy Committee held on Tuesday, 23rd September 2025

The Central Bank of Nigeria's Monetary Policy Committee (MPC) has decided to lower the Monetary Policy Rate (MPR) by 50 basis points to 27.00 per cent. This decision was made during the 302nd MPC meeting held on September 22 and 23, 2025, with the aim to sustain disinflation, declining inflation projections and to support economic recovery efforts. The MPC has also adjusted the Standing Facilities corridor around the MPR to +250/-250 basis points, and the CRR for commercial banks to 45 per cent while retaining that of merchant banks at 16 per cent and keeping the Liquidity Ratio unchanged at 30.00 per cent.

Nigeria

Central Bank of Nigeria

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