Olayemi Cardoso’s three years and the 23% rate cut test

BusinessDay | 24-09-2026 05:00pm |

An analysis of Olayemi Cardoso's tenure as Central Bank of Nigeria governor over the past three years, focusing on a potential 23 percent interest rate cut. The piece questions whether recent inflation figures truly indicate lasting price stability. It suggests that celebrating the latest data as proof of stability may be premature.

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