The Central Bank of Nigeria (CBN) just wrapped up its second Monetary Policy Committee (MPC) meeting of 2025.
In what can be described as a “wait and see” move, all key policy rates including the Monetary Policy Rate (MPR), Cash Reserve Ratio (CRR), and Liquidity Ratio were held steady.
Why? Because the CBN is observing early signs that its inflation-fighting tactics are finally working. With inflation now at 23.17% (close to the target of 21%), the CBN believes we’re on the right track.
So what should you expect?
The report hints at a possible rate cut by the second half of the year, if these positive economic trends continue.
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CBN holds rates steady as inflation slows. Find out what this means and what to expect in the coming months.
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