Close Menu
    What's Hot
    CBN Maintains Status Quo on Policy Rates

    CBN Maintains Status Quo on Policy Rates

    May 20, 2026
    PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos

    PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos

    May 20, 2026
    World Bank to Scale up Africa Guarantees to $6.4bn by 2030

    World Bank to Scale up Africa Guarantees to $6.4bn by 2030

    May 20, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Wednesday, May 20
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News
    News

    CBN Maintains Status Quo on Policy Rates

    Julius AlagbeBy Julius AlagbeMay 20, 2026Updated:May 20, 2026No Comments1 Min Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    CBN Maintains Status Quo on Policy Rates
    Share
    Facebook Twitter Pinterest Email Copy Link

    CBN Maintains Status Quo on Policy Rates

    The Central Bank of Nigeria (CBN) monetary policy committee (MPC) maintained the status quo on rates at the end of a two-day meeting on Wednesday.

    The monetary policy rate (MPR) is retained at 26.50% amid rising headline inflation in Africa’s third-largest economy. The committee retained the asymmetric corridor around the MPR at +50 basis points/-450 basis points.

    The CBN also retained the cash reserve ratio (CRR) for commercial banks at 45.00% and for merchant banks at 16.00%. The monetary authority retained the 75.00% CRR on Non-TSA public sector deposits.

    UK Headline Inflation Declines to 2.8% in April

    CBN
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Related Posts

    PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos
    News

    PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos

    May 20, 2026
    World Bank to Scale up Africa Guarantees to $6.4bn by 2030
    News

    World Bank to Scale up Africa Guarantees to $6.4bn by 2030

    May 20, 2026
    South African Rand Steadies, Inflation Rate Rises to 4%
    News

    South African Rand Steadies, Inflation Rate Rises to 4%

    May 20, 2026
    UK Headline Inflation Declines to 2.8% in April
    News

    UK Headline Inflation Declines to 2.8% in April

    May 20, 2026
    Global Markets Mixed as U.S Treasury Yield Hits 19-Year High
    News

    Global Markets Mixed as U.S Treasury Yield Hits 19-Year High

    May 20, 2026
    Nigeria Customs Launches Smart Declaration System to Curb Airport Delays
    News

    Nigeria Customs Launches Smart Declaration System to Curb Airport Delays

    May 20, 2026
    Add A Comment

    Comments are closed.

    Editors Picks
    CBN Maintains Status Quo on Policy Rates

    CBN Maintains Status Quo on Policy Rates

    May 20, 2026
    PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos

    PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos

    May 20, 2026
    World Bank to Scale up Africa Guarantees to $6.4bn by 2030

    World Bank to Scale up Africa Guarantees to $6.4bn by 2030

    May 20, 2026
    South African Rand Steadies, Inflation Rate Rises to 4%

    South African Rand Steadies, Inflation Rate Rises to 4%

    May 20, 2026
    Latest Posts
    PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos

    PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos

    May 20, 2026
    World Bank to Scale up Africa Guarantees to $6.4bn by 2030

    World Bank to Scale up Africa Guarantees to $6.4bn by 2030

    May 20, 2026
    South African Rand Steadies, Inflation Rate Rises to 4%

    South African Rand Steadies, Inflation Rate Rises to 4%

    May 20, 2026
    UK Headline Inflation Declines to 2.8% in April

    UK Headline Inflation Declines to 2.8% in April

    May 20, 2026
    Global Markets Mixed as U.S Treasury Yield Hits 19-Year High

    Global Markets Mixed as U.S Treasury Yield Hits 19-Year High

    May 20, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts
    CBN Maintains Status Quo on Policy Rates

    CBN Maintains Status Quo on Policy Rates

    May 20, 2026
    PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos

    PenCom, NLC to Begin Crackdown on Pension Defaulters in Lagos

    May 20, 2026
    World Bank to Scale up Africa Guarantees to $6.4bn by 2030

    World Bank to Scale up Africa Guarantees to $6.4bn by 2030

    May 20, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.