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Naira & economy

Naira & economy

Will the CBN cut its policy rate at the next MPC meeting?

₦23.9m traded · 2,240 traders

41%chance▼ 8 pts in 30 days

Yes 41%

Trade

Each share pays ₦100 if you are right. Yes ₦41 means a 41% chance.

Order book

PriceSharesTotal

For sale

Last ₦41Spread ₦1

Wanted

₦402,700₦108,000
₦394,060₦158,340
₦384,130₦156,940
₦371,840₦68,080
₦361,560₦56,160

Tap a price under For sale to buy at that price. Wanted shows what other traders are offering to pay.

Rules

Resolves Yes if the CBN Monetary Policy Committee lowers the Monetary Policy Rate at its next scheduled meeting.

Source
CBN Monetary Policy Committee, official communiqué
Market closes
Fri 23 Oct, when the MPC communiqué is published (expected 14:00 WAT)
Payout
Within 24 hours of the communiqué
Special cases
An unscheduled emergency meeting does not count.
Who may not trade
People who can influence or know the result in advance: officials, players, staff and their households, and anyone with non-public information. Breaking this rule closes the account and voids the trades.

Timeline and payout

  • Market opened

    24 Sep 2026



  • Market closes

    Fri 23 Oct, when the MPC communiqué is published (expected 14:00 WAT)



  • Payout

    Within 24 hours of the communiqué · ₦100 per winning share

Comments

Phase 2
TK

tunde_k · 2 h

YesHolds 120 shares at ₦31

The naira has held steady since August. I still think year-end demand pushes it past 1,400.

ZN

zainab.ng · 5 h

NoHolds 300 shares at ₦62

CBN has more reserves than last year. I do not see a big drop before December.

Writing comments opens in phase 2. How Watch and Win works