The Central Bank of Nigeria (CBN) has announced that its 302nd Monetary Policy Committee (MPC) meeting will be held later this month. The gathering is set to take place on Monday, September 22, 2025, at the CBN Headquarters in Abuja, and will continue on Tuesday, September 23, 2025. The meeting will start promptly at 10:00 a.m. on the first day and 8:00 a.m. on the second.
According to the official announcement on the CBN website, the MPC will deliberate on key economic and financial developments both domestically and internationally. As part of its role, the committee will review the country’s monetary policy stance, focusing on crucial areas such as interest rates, inflation control, and strategies to maintain financial system stability.
The outcome of this highly anticipated meeting will be closely monitored by investors, analysts, and stakeholders within the Nigerian financial sector. It is expected to yield critical decisions that will steer the nation’s economic trajectory in the short and long term.
On the Nigerian Foreign Exchange Market (NFEM), the Naira traded relatively flat against the dollar. As of Tuesday, September 9, 2025, it appreciated slightly by 0.05 percent, closing at N1,506.08 per dollar, compared to the previous day’s rate of N1,506.84. In the parallel market, also known as the black market, the Naira remained stable at N1,520 per dollar. Similarly, the Guaranty Trust Bank (GTBank) exchange rate for international transactions remained unchanged at N1,520.
