Regulatory Alerts2026-07-21 | CBN/MPC/COM/163/306Added · Updated
Central Bank of Nigeria Communique No.163: Monetary Policy Rate Retained at 26.5 Per Cent
The Central Bank of Nigeria's Monetary Policy Committee retained the Monetary Policy Rate at 26.5 per cent and maintained the Standing Facilities Corridor at +50/-450 basis points. The Committee also kept the Cash Reserve Requirement at 45.00 per cent for Deposit Money Banks, 16.00 per cent for Merchant Banks, and 75.00 per cent for non-TSA public sector deposits. These decisions were announced following the 306th meeting held on July 20 and 21, 2026.
Topics
monetary
Share