CBN MONETARY POLICY COMMITTEE BRIEFING | 23 SEPTEMBER 2025
In a
pivotal moment for Nigeria’s economic trajectory, the Central Bank of Nigeria
(CBN) convened its Monetary Policy Committee (MPC) briefing on September 23,
2025, streamed live on National Television.
This briefing, set against the backdrop of persistent inflationary pressures and global economic uncertainty, offered a comprehensive overview of the CBN’s policy stance and strategic direction.
The
session unfolded with a tone of cautious optimism, as committee members
addressed the nation’s macroeconomic indicators, including GDP growth,
inflation trends, exchange rate stability, and fiscal dynamics. The Governor of
the CBN, flanked by senior officials, articulated the rationale behind key
policy decisions, notably the benchmark interest rate adjustment, a move aimed
at curbing inflation while stimulating investment and maintaining currency
stability.
Throughout
the briefing, the MPC emphasized its commitment to price stability and economic
resilience. The committee acknowledged the challenges posed by external shocks,
such as fluctuating oil prices and global monetary tightening, while
reaffirming its resolve to deploy targeted interventions to support critical
sectors like agriculture, manufacturing, and SMEs. The tone was measured but
firm, signaling a proactive rather than reactive approach to monetary
governance.
The
briefing also touched on the evolving role of digital finance and financial
inclusion, with the CBN reiterating its support for innovation in the banking
sector.
Questions
from journalists and stakeholders were addressed with transparency, offering
insights into the bank’s data-driven decision-making process and its
collaboration with fiscal authorities.
The
September 2025 MPC briefing served not only as a technical update but also as a
strategic communication tool, reinforcing the CBN’s credibility and its stewardship
of Nigeria’s monetary policy. It was a moment of reflection and recalibration,
as the bank sought to balance growth imperatives with the need for
macroeconomic stability in an increasingly complex global landscape.
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