Will the CBN leave the Monetary Policy Rate unchanged at 26.5% at the conclusion of the July MPC meeting?

Outcome: YES

How this forecast is settled

Will the CBN keep interest rates at 26.5% after its July MPC meeting? A cautious “hold” decision is likely if inflation remains high and policymakers want to maintain stability.

Resolution

Yes, the Central Bank of Nigeria (CBN) kept its Monetary Policy Rate (MPR) unchanged at 26.5% at the conclusion of its 306th Monetary Policy Committee (MPC) meeting held on July 20 and 21, 2026.

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