The Nigerian stock market extended its bullish run last week, following the reduction in inflation rate and further expectation of a cut in the Monetary Policy Rate, MPR by the Central Bank of Nigeria, CBN.
The Inflation rate for September 2025 dropped to 18.02 from 22.12 in August, according to the National Bureau of Statistics, NBS, just as MPR, benchmark interest rate was reduced to 27 from 27.5 in August by the CBN.