The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the apex bank’s “decisive policy interventions” prevented inflation from rising to 42.81 percent in December 2024.
Cardoso spoke at the 2025 monetary policy forum of the apex bank on Thursday.
The event, held in Abuja, was attended by ministers, heads of departments and agencies, and private sector players.
For 2025, Cardoso said the CBN must remain committed to bold and coordinated policy measures to sustain and consolidate its progress.
The CBN governor assured that the bank would continue to implement orthodox monetary policy measures to address inflationary pressures throughout 2025.