ABUJA, Nigeria: The Central Bank of Nigeria voted to retain the country’s Monetary Policy Rate at 26.5% on Wednesday, May 20, 2026.
Okay News reports that the Monetary Policy Committee maintained the benchmark interest rate and all other key policy parameters during its 305th meeting.
The session was attended by 11 members, including the Governor of the Central Bank of Nigeria, Yemi Cardoso.
The institution held the rate at its current level to manage inflation and maintain macroeconomic stability.
