NewsBreakNigeria
USD/NGN 1,331.28GBP/NGN 1,761.59USD/NGN black market ₦1,370GBP/NGN black market ₦1,850EUR/NGN 1,497.69JPY/NGN 8.44CAD/NGN 934.35
USD/NGN 1,331.28GBP/NGN 1,761.59USD/NGN black market ₦1,370GBP/NGN black market ₦1,850EUR/NGN 1,497.69JPY/NGN 8.44CAD/NGN 934.35

CBN: What manner of rate cut?

An editorial on the CBN’s 350-basis-point rate cut and why it may not translate to cheaper loans for Nigerian businesses and SMEs due to several factors. Read More: https://punchng.com/cbn-what-manner-of-rate-cut/

Aggregated · originally by Punch
5 Oct 2026, 01:00 WAT · 3 min read
Read at source
CBN: What manner of rate cut?

An editorial on the CBN’s 350-basis-point rate cut and why it may not translate to cheaper loans for Nigerian businesses and SMEs due to several factors. Read More: https://punchng.com/cbn-what-manner-of-rate-cut/