MPC Retains MPR At 26.50%
•By Editor•Research Signal
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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its 306th Policy Meeting held between July 20th and 21st, 2026, voted to:
Hold the MPR at its current level (26.50%)
Hold the asymmetric corridor around the MPR at +50bps/-450bps
Hold the CRR for Deposit Money Banks (DMBs) at 45.0%, and Merchant Banks at 16.0%
Hold the CRR on non-Treasury Single Account (TSA) public sector deposits at 75.0%
Hold the Liquidity Ratio at 30.0%