Nigeria: Slower trajectory supports cautious easing – Standard Chartered
Standard Chartered’s Razia Khan notes that Nigeria’s January CPI surprised to the downside, with headline inflation at 15.1% year-on-year after a 2.88% monthly fall. Incorporating rebased data, the bank now forecasts average CPI of 12.0% in 2026, rising to 13.8% in 2027 and 13.3% in 2028.
Standard Chartered’s Razia Khan notes that Nigeria’s January CPI surprised to the downside, with headline inflation at 15.1% year-on-year after a 2.88% monthly fall. Incorporating rebased data, the bank now forecasts average CPI of 12.0% in 2026, rising to 13.8% in 2027 and 13.3% in 2028.
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