Next Monetary Policy Committee ,MPC, meeting of the Central Bank of Nigeria ,CBN, has been fixed for Monday, September 22 and Tuesday, September 23, 2025.
This information was revealed by the central bank in a notice on its website.
It would be the 302nd interest rate decision gathering of the apex bank. The meeting is used by members of the group to analyse key macroeconomic indices like inflation, Gross Domestic Product ,GDP, job data and others to fix major rates, including the Monetary Policy Rate ,MPR, also known as interest or lending rate, as well as liquidity ration, and others.
At the last MPC meeting held in July, the committee left the rates intact for the third time in a row, with the MPR unchanged at 27.50%, the asymmetric corridor around the MPR at +500/-100 basis points, the Cash Reserve Ratio ,CRR, for Deposit Money Banks ,DMBs, at 50.00% and that of Merchant Banks at 16.00%, and the Liquidity Ratio was also unchanged at 30.00%.
In the circular released by the CBN for the next gathering, it was stated that the first day of the MPC will commence at 10.00 am and 8.00 am the second day at the MPC Meeting Room on 11th Floor of its headquarters in Abuja.
The Governor of the central bank, Mr Yemi Cardoso, will address the media at the end of the meeting on Tuesday on the outcome of deliberations. It is being speculated that the group may likely cut down the key rates since inflation has been trending downward.
The committee will have the latest inflation figures before the meeting on September 22 as the National Bureau of Statistics ,NBS, is expected to release inflation rate for August 2025 on Monday, September 15, 2025.
