Market News
Nigeria Set for Biggest Rate Cut Since 2020 - BLOOMBERG
By Nduka Orjinmo February 24, 2026 at 4:00 AM GMT
Nigeria’s central bank is set to resume easing with its largest interest-rate cut since 2020 on Tuesday, as a stronger naira, moderating inflation and rising foreign-exchange reserves give policymakers room to shore up economic growth.
All six economists surveyed by Bloomberg expect Governor Olayemi Cardoso to lower the benchmark rate when he announces the monetary policy committee’s decision after 2 p.m. in Abuja.




