As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) prepares to hold its second two-day meeting of the year beginning Monday, May 19, 2025, most analysts are aligning their expectations toward a “hold” decision on the benchmark interest rate, rather than any increase or significant easing.
The CBN had earlier issued a formal notice on Tuesday announcing the 300th meeting of the MPC, scheduled to take place in Abuja on May 19 and 20, 2025.
Analysts and market watchers are broadly aligned in their expectations that the committee will likely maintain the current monetary policy rate (MPR), though there remains some speculation about a possible tweak to the asymmetric corridor surrounding the MPR.