Yeah, right now liquidity is out muscling supply. We are not yet at the point where BRICS reserve diversification triggers a visible wave of flows into Naira assets. Nigeria’s policy / FX credibility will be the gating variable, not the level of UK CPI. If 2026 is a global “rates drifting down, growth mediocre but not collapsing” environment, Nigeria’s high-yield curve will screen very attractively for investors who can get comfortable with FX and governance risk.
Yeah, right now liquidity is out muscling supply. We are not yet at the point where BRICS reserve diversification triggers a visible wave of flows into Naira assets. Nigeria’s policy / FX credibility will be the gating variable, not the level of UK CPI. If 2026 is a global “rates drifting down, growth mediocre but not collapsing” environment, Nigeria’s high-yield curve will screen very attractively for investors who can get comfortable with FX and governance risk.