The Central Bank of Nigeria (CBN) has introduced that the three hundredth assembly of the Financial Coverage Committee (MPC) will happen on Monday, Might 19, and Tuesday, Might 20, 2025, at its headquarters in Abuja.
This was disclosed in a public discover revealed on the CBN’s official web site on Tuesday.
In response to the announcement, the assembly will span two days:
The upcoming assembly marks a serious milestone because the three hundredth session of Nigeria’s apex financial coverage decision-making physique, tasked with formulating methods to take care of worth stability, guarantee monetary system soundness, and help financial development.
The MPC’s selections are intently watched by buyers, monetary establishments, and policymakers, as they straight affect:
The committee usually evaluates home and world financial circumstances earlier than deciding whether or not to tighten, loosen, or preserve the present financial coverage stance.
The Might 2025 assembly comes at a time of heightened scrutiny of the apex financial institution’s insurance policies below the management of CBN Governor Olayemi Cardoso, whose tenure has been marked by structural reforms aimed toward restoring investor confidence and deepening transparency within the financial system.
With inflationary pressures remaining persistent and the naira nonetheless experiencing volatility within the international change markets, monetary analysts count on the MPC to both preserve a decent financial stance or elevate charges additional to curb inflation and stabilize the forex.
Talking on the launch of the World Financial institution’s Nigeria Growth Replace in Abuja on Monday, Cardoso affirmed the financial institution’s dedication to orthodox financial coverage, which he mentioned is already yielding outcomes.
“If we proceed with our course of orthodox financial coverage, which has already proven outcomes, then inflation will average over time. Alongside that, rates of interest may even start to ease,” Cardoso said.
In the meantime, the Nationwide Bureau of Statistics (NBS) is ready to launch its inflation report within the coming days. Analysts forecast that the stubbornly excessive client costs might ease barely in April, after a spike within the earlier month pushed by rising gas and meals prices.
