MPC hikes Interest Rate by 50BPS to 26.75%

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At the end of the MPC meeting held on July 22nd & 23rd, the committee voted to:

https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1

•    Raise the MPR by 50bps to 26.75%. 
•    Adjust the asymmetric corridor from +100/-300 to +500/-100 around the MPR.
•    Retain the CRR of Commercial banks at 45.00%
•    Hold the liquidity ratio constant at 30.00%.

More details coming later…

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