Banks yet to lower lending rates nearly a week after CBN’s MPR cut
Nigerian banks have yet to reduce lending rates nearly a week after the Central Bank of Nigeria (CBN) cut the Monetary Policy Rate (MPR) by 350 basis points, raising concerns that borrowers may not immediately benefit…
Aggregated · originally by Nairametrics
28 Sept 2026, 10:30 WAT · 3 min read
Nigerian banks have yet to reduce lending rates nearly a week after the Central Bank of Nigeria (CBN) cut the Monetary Policy Rate (MPR) by 350 basis points, raising concerns that borrowers may not immediately benefit…
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