By Anamati Inyang
November 25, 2025
The Monetary Policy Committee of the Central Bank of Nigeria has opted to maintain the benchmark interest rate at 27 per cent.
CBN Governor Olayemi Cardoso announced the decision on Tuesday at the conclusion of the bank’s 303rd MPC meeting in Abuja.
Cardoso explained that the committee also agreed to keep all other monetary policy variables unchanged. According to him, the Cash Reserve Ratio remains at 45 per cent for commercial banks and 16 per cent for merchant banks, while the 75 per cent CRR on non TSA public sector deposits was sustained.
He added that the Liquidity Ratio stays at 30 per cent, and the Standing Facilities Corridor has been set at plus 50 and minus 450 basis points around the Monetary Policy Rate.
The decision comes as Nigeria marks its seventh straight month of slowing inflation, which dropped to 16.05 per cent in September 2025.
