Market watchers are expecting Nigeria’s inflation to extend its slowdown as the National Bureau of Statistics (NBS) prepares to release August consumer price data.

Several analysts project the disinflation trend to continue, with forecasts pointing to decreases in year-on-year and month-on-month inflation figures.

Analysts say the disinflation could result in the interest rate cut when the Monetary Policy Committee (MPC) meets next week.

Analysts at Coronation Merchant Bank Research projects that headline inflation will ease to 21.45 p

Market watchers are expecting Nigeria’s inflation to extend its slowdown as the National Bureau of Statistics (NBS) prepares to release August consumer price data.

Several analysts project the disinflation trend to continue, with forecasts pointing to decreases in year-on-year and month-on-month inflation figures.

Analysts say the disinflation could result in the interest rate cut when the Monetary Policy Committee (MPC) meets next week.

Analysts at Coronation Merchant Bank Research projects that headline inflation will ease to 21.45 p