Regulatory Alerts2025-07-18 | CBN/MPC/COM/157/300Personal Statements of MPC Members for the 300th Meeting of the Monetary Policy Committee (MPC)
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 300th meeting on May 19th and 20th, 2025, where they decided to retain the Monetary Policy Rate (MPR) at 27.50 per cent, as well as retain the asymmetric corridor around the MPR at +500/-100 basis points, retain the Cash Reserve Ratio of Deposit Money Banks at 50.00 per cent and Merchant Banks at 16 per cent, and retain the Liquidity Ratio at 30.00 per cent. The decision was influenced by developments in the global and domestic economies. The committee highlighted relative improvements in key macroeconomic indicators including narrowing of gap between Nigeria Foreign Exchange Market (NFEM) and Bureau De Change (BDC) windows, positive balance of payments position, and easing price of PMS and commended the government for implementing measures to increase food supply.