Emmanuel Ugwu-Nwogo in Enugu

Basking on the positive results arising from its policies, the Central Bank of Nigeria (CBN) has pledged its commitment to sustain the monetary and price stability being currently experiended in the economy.

The CBN Acting Director, Corporate Communications Department, Mrs. Hakama Sidi Ali, who is the CBN Fair Team Lead, gave the assurance Tuesday at the CBN Fair which berthed at Enugu, drawing a huge crowd of participants.

She said that the Fair themed “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development” was one of the apex bank’s platforms designed to engage with members of the public on its policies.

The Acting Director, who was represented by Mr. Tobias Uche explained that the Fair was aimed at promoting sustainable economic growth and development of Nigeria, and to find ways to enhance the lives and livelihoods of Nigerians.

“Under the leadership of Mr. Olayemi Cardoso, the Bank’s management remains strongly committed to maintaining monetary and price stability, and performing other essential functions of the Central Bank of Nigeria, as outlined in the CBN Act, 2007, as amended,” she said.

Side Ali said that the range of “bold reforms” introduced by Cardoso in the CBN operations  “are already producing positive results, evidenced by the steady decline in inflation, ongoing growth in our foreign reserves, and the current stability observed in the foreign exchange market”.

Citing the latest data from the National Bureau of Statistics(NBS) to back her claims,  she noted that the NBS report “indicates that headline inflation decreased for the seventh consecutive month in October 2025, to 16.05 percent from 18.02 in September 2025, the lowest level in three years”.

The Secretary to Enugu State Government (SSG ), Professor Chidiebere Onyia, said that the present government was committed to providing the enabling environment for sustainable economic growth.

Represented by a Senior Special Assistant to the Governor, Hon Ifeanychukwu Onyia, he said that Enugu government is at the forefront in making policies that drive economic growth.

He assured the CBN of sustained partnership in driving change, creating the needed ripple effects, and driving financial inclusion in order to unlock the economic potentials of Enugu State.