Nigeria's Central Bank Maintains Steady Monetary Policy Rate Amid Economic Uncertainties

The Central Bank of Nigeria's Monetary Policy Committee (MPC) has decided to maintain the monetary policy rate (MPR) at 27.0% to sustain recent economic successes, manage inflation, and stabilize the exchange rate. The decision reflects a strategic approach to balance the need for sustained economic stability.

Nigeria's inflation rate has been on a decline for seven consecutive months, with headline inflation dropping to 16.05% in October 2025. The MPC's decision aims to prioritize price stability and support household income and business confidence.