NewsBreakNigeria
USD/NGN 1,330.69GBP/NGN 1,779.60USD/NGN black market ₦1,389GBP/NGN black market ₦1,879EUR/NGN 1,526.44JPY/NGN 8.46CAD/NGN 948.94
USD/NGN 1,330.69GBP/NGN 1,779.60USD/NGN black market ₦1,389GBP/NGN black market ₦1,879EUR/NGN 1,526.44JPY/NGN 8.46CAD/NGN 948.94

CBN 350bps MPR cut to drive equities demand as investors rotate from fixed income

Nigeria’s equities market could see stronger investor demand following the Central Bank of Nigeria’s (CBN) decision to cut its benchmark interest rate by 350 basis points to 23%. The post CBN 350bps MPR cut to drive…

Aggregated · originally by Nairametrics
22 Sept 2026, 19:01 WAT · 3 min read
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CBN 350bps MPR cut to drive equities demand as investors rotate from fixed income

Nigeria’s equities market could see stronger investor demand following the Central Bank of Nigeria’s (CBN) decision to cut its benchmark interest rate by 350 basis points to 23%. The post CBN 350bps MPR cut to drive…