The Central Bank of Nigeria (CBN) has unveiled its 2026 monetary policy agenda, focusing on reducing inflation to single digits, stabilising the exchange rate, and strengthening the country’s financial system.Governor of the apex bank, Olayemi Cardoso, announced the plan on Thursday in Abuja at the 2026 First Monetary Policy Forum.Cardoso said the Monetary Policy Committee will concentrate on consolidating recent economic gains by ensuring inflation continues to decline while maintaining exchange rate stability and improving fund flow within the banking system.
“Our next phase is focused on consolidation: anchoring inflation firmly on a downward trajectory toward a single-digit level, sustaining exchange-rate stability, strengthening reserve buffers through organic inflows, deepening interbank market development, and enhancing the robustness of our monetary-policy transmission,” he said.
He explained that achieving these objectives depends on strong cooperation between the Central Bank and fiscal authorities, as well as disciplined implementation of policies and active engagement with stakeholders.“Achieving these goals requires continued collaboration with the fiscal authority, disciplined policy execution, and strong stakeholder engagement, which is the very essence of today’s Forum,” Cardoso added