NewsBreakNigeria
USD/NGN 1,330.69GBP/NGN 1,779.60USD/NGN black market ₦1,390 ▴0.1%GBP/NGN black market ₦1,880 ▴0.1%EUR/NGN 1,526.44JPY/NGN 8.46CAD/NGN 948.94
USD/NGN 1,330.69GBP/NGN 1,779.60USD/NGN black market ₦1,390 ▴0.1%GBP/NGN black market ₦1,880 ▴0.1%EUR/NGN 1,526.44JPY/NGN 8.46CAD/NGN 948.94
Business

CBN Crashes Interest Rate by 350bps to 23%, Market Expects Cheaper Credit

• Cardoso declares rate adjustment a “reset and recalibration” of monetary policy rather than shift to easing stance •Says CBN reforms have restored confidence, rebuilt external reserves to $55bn amid

Aggregated · originally by ThisDay
23 Sept 2026, 06:04 WAT · 3 min read
Read at source
ThisDay

• Cardoso declares rate adjustment a “reset and recalibration” of monetary policy rather than shift to easing stance •Says CBN reforms have restored confidence, rebuilt external reserves to $55bn amid

More on this story

Leadership

Nigeria’s Energy Transition Takes Firm Grip With DRE Commercial Fund Flag-Off

Leadership
Petrol Price Drop In Nigeria Imminent As Brent Falls To $100 A Barrel

Petrol Price Drop In Nigeria Imminent As Brent Falls To $100 A Barrel

Leadership
Julius Berger, subsidiaries display broad range of construction solutions at Big 5 Expo

Julius Berger, subsidiaries display broad range of construction solutions at Big 5 Expo

BusinessDay