Outlier Brief archiveMonetary Policy
MPR at 26.5%: Reading the CBN's First Rate Cut of the Cycle
11 Jun 2026·5 min read
The CBN's February 2026 25 bps cut to 26.5% — the first since 2022 — opens an easing cycle. The data-dependent posture and Gulf risk mean the next move is later, not bigger. CFOs should build a falling-rate pipeline now.