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CBN

Central Bank of Nigeria

CBNNigeria·NGN

Monetary policy rate

26.50%

as of 2026-02-24

Next meeting

Jul 20-21

T-54d

The Central Bank of Nigeria conducts monetary policy for Nigeria with a primary mandate of price stability and exchange-rate stability for the naira. The Monetary Policy Committee meets bi-monthly on a pre-announced schedule (typically five times per year, each session spanning two days) to set the Monetary Policy Rate.

Meeting Schedule (2026)

Feb 23-24May 19-20Jul 20-21Sep 21-22Nov 23-24

Policy decisions are announced on the dates above. Source: official central bank schedules.

Primary Currency
NGN
Cross-firm view, consensus targets, and live rate

Monetary policy rate

26.50%

As of 2026-02-24

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Reports referencing CBN across covered research desks

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