- Inflation eases slightly as naira stabilises
- Rate cut expectations build ahead of May
ABUJA, NIGERIA — Nigeria’s annual inflation edged down to 15.06% in February, reinforcing expectations of further interest rate cuts as price pressures show tentative signs of easing.
Nigeria’s consumer price index slowed marginally from 15.10% in January, according to data released Monday, as exchange rate stability and moderating imported costs helped ease inflationary pressures.
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