CBN Retains Monetary Policy Rate at 27.5% in First MPC Meeting of 2025

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CBN Retains Monetary Policy Rate at 27.5% in First MPC Meeting of 2025

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria retained the Monetary Policy Rate at 27.50 percent.

The decision was reached during the 299th MPC meeting, marking the committee’s first session for the year 2025.

The committee also maintained the Cash Reserve Ratio at 50 percent for deposit money banks and 16 percent for merchant banks.

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Additionally, the Liquidity Ratio remains at 30 percent, with the asymmetric corridor held at +500/-100 basis points around the MPR.

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