The 28-year-old could make his Cardiff debut away against Newcastle United on Saturday.
"There's not many players on loan who are like Niasse," said Cardiff manager Neil Warnock.
"He's got a chance to put himself in the shop window," he added.
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Cardiff are one place above the relegation zone, in 17th, and have scored just 19 goals in 22 matches.
(Reporting by Simon Evans; Editing by Christian Radnedge)
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