Nigeria is bracing itself for a significant monetary policy pivot in 2026, with analysts at CardinalStone forecasting a 300 to 400 basis point (bps) cut in interest rates, given moderating inflation and a stabilising naira.
They noted in their 2026 macroeconomic outlook titled ‘Indicators Aligned for Sustained Macro Gains’ that the aggressive tightening cycle of recent years has begun to yield results.
“At the household level, pressure should continue to ease on consumer wallets as inflation is expected to fall below the long-run average
