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Nigeria Seen Cutting Rates on Softer Prices, Stronger Naira

Source: Bloomberg

Monetary PolicyInterest Rates & YieldsInflationCurrency & FXEmerging MarketsAnalyst Insights

Bank of America expects Nigeria's central bank to resume interest-rate cuts at next week's meeting, supported by slowing inflation and exchange-rate stability. A renewed easing cycle would be constructive for domestic borrowing costs and risk assets, while signaling increased confidence in macroeconomic stabilization.

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