The Central Bank of Nigeria (CBN) has scheduled November 23 and 24, 2026, for its 308th Monetary Policy Committee (MPC) meeting in Abuja to determine the direction of the country’s benchmark interest rate and inflation-control measures.

The apex bank disclosed the upcoming summit in an official meeting notice released to the public.

Financial analysts and market players expect key policy decisions from the committee, particularly regarding interest rate adjustments aimed at sustaining economic stabilization efforts.

The forthcoming meeting comes amid a mixed macroeconomic outlook. According to data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation rate slowed to 14.63 percent in September—marking a fourth consecutive month of deceleration.

However, food inflation has remained stubbornly high, standing at 19.59 percent and keeping upward pressure on household spending.

During its previous 307th MPC session held in September, the Central Bank aggressively eased its monetary stance, cutting the benchmark interest rate by 350 basis points from 26.5 percent down to 23 percent.

The outcome of the upcoming two-day deliberations will signal whether the committee intends to extend its rate-cutting cycle or pause to evaluate the effect of past cuts on food prices and overall market liquidity.

ID