CBN retains interest rate at 26.5% as MPC maintains tight monetary policy
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CBN retains interest rate at 26.5% as MPC maintains tight monetary policy
22 Jul, 2026
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), the country’s benchmark interest rate, at 26.5% as the Monetary Policy Committee (MPC) maintained its tight monetary policy stance. The decision was announced by CBN Governor Olayemi Cardoso at the end of the 306th MPC meeting held in Abuja on July 20 and 21, 2026..............….......READ MORE
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