NewsBreakNigeria
USD/NGN 1,328.37GBP/NGN 1,772.75USD/NGN black market ₦1,390GBP/NGN black market ₦1,880EUR/NGN 1,521.26JPY/NGN 8.44CAD/NGN 945.16
USD/NGN 1,328.37GBP/NGN 1,772.75USD/NGN black market ₦1,390GBP/NGN black market ₦1,880EUR/NGN 1,521.26JPY/NGN 8.44CAD/NGN 945.16

CBN rate cut puts pressure on fixed income yields

The Central Bank of Nigeria’s decision to cut its benchmark interest rate to 23 per cent is expected to put further downward pressure on yields across the fixed income market as investors adjust to a lower interest rate…

Aggregated · originally by Punch
23 Sept 2026, 02:01 WAT · 3 min read
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CBN rate cut puts pressure on fixed income yields

The Central Bank of Nigeria’s decision to cut its benchmark interest rate to 23 per cent is expected to put further downward pressure on yields across the fixed income market as investors adjust to a lower interest rate…