IMF Backs Nigeria Monetary Easing as Inflation Progress Continues

CBN’s rate cut appropriate, monetary stance still tight

The International Monetary Fund, IMF, has endorsed the Central Bank of Nigeria’s, CBN, decision to adjust its monetary policy stance, saying the move was appropriate given the significant progress recorded in reducing inflation, even as monetary conditions remain tight.

IMF Backs Nigeria Monetary Easing as Inflation Progress Continues

The International Monetary Fund has endorsed Nigeria’s decision to ease monetary policy, stating the country has achieved significant progress in lowering in...

The CBN's rate reset: easing with discipline

The decision by the Central Bank of Nigeria (CBN) on September 22, 2026 to reduce the Monetary Policy Rate (MPR) by 350 basis points, from 26.5 per cent to 23 per cent, was the right call.

Beyond 23% MPR, Should CBN Reconsider 45% CRR to Unlock Credit?

By Blaise Udunze The last Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) was its 307th meeting, held on September 21 and 22, 2026. The decision taken was to reduce the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent. The decision of the Committee brings back a question about