Nigeria’s Central Bank Monetary Policy Committee (MPC) is set to meet on Monday, 24th, and Tuesday, 25th November 2025, as economists and market participants watch closely for signs of a shift in the Monetary Policy Rate (MPR).
At its previous meeting in September, the MPC cut the MPR by 50 basis points to 27%, marking the first reduction of the year. The decision was guided by improving macroeconomic fundamentals: stronger output growth, stable exchange rates, a rebound in external reserves, and inflation easing to its lowest level in five months.
Despite these positive indicators, the market remains divided on the Committee’s next move. Some analysts expect a further 25–50 basis point cut, citing continued deceleration in inflation, improved foreign exchange liquidity, and a need to stimulate credit growth. Others anticipate the MPC will hold at 27%, choosing to assess the impact of the September adjustments before any additional changes.
With Nigeria’s economy showing signs of stabilisation yet facing persistent credit constraints, the upcoming MPC meeting is widely regarded as a key moment for monetary policy direction and investor confidence heading into the final weeks of 2025.
