Regulatory Alerts2026-05-13 | CBN/MPC/COM/161/304Personal Statements of MPC Members for The February 2026 Meeting and Communique
The Central Bank of Nigeria's Monetary Policy Committee has reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.5 percent following an eleventh consecutive month of headline inflation decline. The Committee retained the current Standing Facilities corridor and Cash Reserve Requirements for all banking categories to maintain liquidity discipline while supporting economic growth. This decision reflects a cautious easing stance aimed at consolidating gains in price stability and external reserves without abandoning a restrictive policy framework.
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