Ahead of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) meeting scheduled for July 22, 2025, analysts are broadly projecting a hold on the Monetary Policy Rate (MPR), currently at 27.5%.
The consensus reflects cautious optimism over moderating inflation and exchange rate stability, tempered by ongoing risks to growth and price pressures in key sectors.
Most analysts expect the committee to keep all key monetary parameters unchanged—MPR at 27.5%, Cash Reserve Ratio (CRR) at 50%, and Liquidity Ratio (LR) at 30%—citing the need to consolidate gains from previous hikes while sustaining investor confidence.