Following its two-day meeting that concluded on Tuesday, November 25th, 2025, the CBN’s Monetary Policy Committee (MPC) kept the Monetary Policy Rate (MPR) at 27%. It seems the central bank aimed to maintain strict monetary control over the economy, although the asymmetric corridor at +50/-450 basis points from the September meeting, compared to the previous +250/-250bps, provides some reassurance. This decision surprised many analysts after months of easing. Inflationary pressures have been exceptionally high because credit conditions remain t
Following its two-day meeting that concluded on Tuesday, November 25th, 2025, the CBN’s Monetary Policy Committee (MPC) kept the Monetary Policy Rate (MPR) at 27%. It seems the central bank aimed to maintain strict monetary control over the economy, although the asymmetric corridor at +50/-450 basis points from the September meeting, compared to the previous +250/-250bps, provides some reassurance. This decision surprised many analysts after months of easing. Inflationary pressures have been exceptionally high because credit conditions remain t