BMI Predicts Monetary Easing In Nigeria Amid Declining Inflation

BMI, the research arm of Fitch Solutions, has forecasted a wave of monetary easing by the Nigerian Central Bank and other central banks across Sub-Saharan Africa (SSA) in 2025, citing expectations of declining inflation and enhanced monetary policy convergence in the region.

In a report titled “Sub-Saharan Africa Macro Key Themes for 2025: Stronger Headline Growth But Structural Vulnerabilities Persist,” the firm predicts that regional inflation will decline from an estimated 16.4 per cent in 2024 to 14.2 per cent in 2025.