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Nigeria Inflation: Finance Minister Targets Single-Digit Inflation Before End of 2027, Eyes Lower Interest Rates

Nigeria Inflation: Finance Minister Targets Single-Digit Inflation Before End of 2027, Eyes Lower Interest Rates

Nigeria’s Federal Government is targeting single-digit inflation before the end of 2027, with Finance Minister Taiwo Oyedele identifying lower borrowing costs, stronger business investment and improved household purchasing power as important objectives of the country’s economic policy. Oyedele announced the target on October 26, 2026, at the 32nd Nigerian Economic Summit in Abuja. He said … Read more

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