mpr update

Monetary Policy Rate Update – May 2026

At its 305th meeting, the Central Bank of Nigeria’s Monetary Policy Committee retained the Monetary Policy Rate at 26.5%, maintaining its cautious stance amid persistent inflationary pressures and global uncertainty.

In this report, our analysts examines the reasoning behind the MPC’s decision, what it signals about the direction of the economy, and the potential impact on fixed income markets, equities, foreign exchange, businesses, and investors. The report also highlights the broader macroeconomic environment influencing policy decisions, including inflation, exchange rate stability, and global market developments.

Download the full report for a detailed breakdown of the MPC decision and what it could mean for Nigeria’s financial markets and economy.

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