According to the apex bank’s 2025 Annual Report, monetary policy remained largely restrictive for most of the year before the Monetary Policy Committee (MPC) initiated an easing cycle during its September meeting following sustained disinflation. The CBN attributed the increase in broad money to higher net domestic assets and declining net foreign assets, reflecting improved foreign exchange market stability and stronger economic activity. Beyond monetary policy, the CBN said Nigeria’s capital market delivered one of its strongest performances in recent years. What’s Being SaidThe CBN maintains that its combination of tight monetary policy, foreign exchange reforms and improved market discipline helped restore macroeconomic stability during the year. What’s NextInvestors will closely monitor the CBN’s next Monetary Policy Committee decisions to assess whether the easing cycle will continue.