BangkokNigerian inflation is down to about 15% from about 35%.

Central bank governor Olayemi Cardoso says single digits are the medium-term target, not 15%.

Nigeria is adopting formal inflation targeting, while the finance ministry offers investors earned tax credits under an Economy Development Incentive.

“Inflation is probably the biggest threat to the poor,” Cardoso said.

The Debt Management Office says it will watch rates and demand before adjusting its fourth-quarter borrowing calendar.

How each outlet framed it
Premium Times Nigeria
frames single-digit inflation as a moral priority for the poor, contrasting 'lower double digits' complacency with the drop from 34–35% to about 15%

Sources: Premium Times Nigeria