DEVELOPINGBusiness & Finance
Finance Minister says Nigeria aims for single‑digit inflation by 2027
Updated 15:24 WAT, · first published 26 Oct 2026, 15:12 WAT · 3 outlets reporting
Developing story. This page updates automatically as more outlets and officials report. Refresh for the latest.
Developing: Finance Minister Taiwo Oyedele told reporters the government is targeting inflation to fall into single‑digit territory before the close of 2027. The goal is to create an environment that supports lower interest rates and cheaper credit. Officials said the move should spur faster economic growth.
What we know
- Taiwo Oyedele, Nigeria’s finance minister, announced the inflation target
- The target is to reach single‑digit inflation by the end of 2027
- The policy is intended to lower interest rates and make borrowing cheaper
- Authorities link the plan to accelerating overall economic growth
Why it matters: Reduced inflation could ease loan costs for households and businesses across Nigeria
Sources
- FG targets single-digit inflation before end of 2027 –Taiwo Oyedele – Nairametrics,
- FG targets single-digit inflation by 2027 in boost for cheaper credit – BusinessDay,
- FG Will Bring Down Inflation To Single-Digit By 2027 — Oyedele – The Whistler,
Updates
- – Summary updated with new reporting
- – Now also reported by BusinessDay
- – Story published – 2 outlets
This page groups reports from the outlets above; headlines belong to their publishers. Summary written by our automated desk from multiple reports. How we work.
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