# Nigeria targets single-digit inflation by end-2027 to enable cheaper borrowing

https://mins.news/en/item/115792

- Reuters, 2026-10-26 12:40 UTC
- Economy
- Original: https://www.reuters.com/world/africa/nigeria-targets-single-digit-inflation-by-end-2027-unlock-cheaper-borrowing-2026-10-26/?link_source=ta_bluesky_link&taid=6adf4a343b36fe0001c5546b

> Nigeria aims to bring inflation down to single digits before the end of 2027, opening the way for steep interest-rate cuts that could reduce borrowing costs and support growth, Finance Minister Taiwo Oyedele said on Monday.