As the monetary policy committee meets today and Tuesday, there are high expectations that the Central Bank of Nigeria (CBN) will cut interest rates further. This comes after the country’s inflation rate continued to decline, from 18.02 percent in September 2025 to 16.05 percent in October. According to analysts, the CBN’s monetary policy easing and the successful implementation of important reforms led to continued FX stability and a spike in foreign reserves to $46 billion.As the Monetary Policy Committee convenes for its 303 meeting in Abuja on November 24 and 25, experts predict that the cycle of monetary policy easing will continue. Olayemi Cardoso, the governor of CBN, emphasized the benefits of earlier MPC rulings, such as increasing the naira’s competitiveness in international markets and enhancing the investment environment for foreign investors.
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