Will the Central Bank of Nigeria (CBN) keep its Monetary Policy Rate (MPR) unchanged at its next Monetary Policy Committee (MPC) meeting in July 2026?

Outcome: YES

How this forecast is settled

Will the CBN leave interest rates unchanged at its July MPC meeting? A cautious approach is likely if inflation is improving but still above target.

Resolution

Yes, the Central Bank of Nigeria (CBN) kept its Monetary Policy Rate (MPR) unchanged at 26.5% during its 306th Monetary Policy Committee (MPC) meeting held on July 20 and 21, 2026.This decision marked the second consecutive time the apex bank opted to hold key interest rates steady, maintaining its cautious, stability-first approach toward navigating macroeconomic pressures.

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