NewsBreakNigeria
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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

Experts divided over CBN’s 3% interest rate slash

Mixed reactions yesterday trailed the Central Bank of Nigeria, CBN’s cut on interest rate by three per cent, as the Monetary Policy Rate, MPR, was reduced from 26.5 per cent to 23 per cent. The post Experts divided over…

Aggregated · originally by Vanguard
23 Sept 2026, 04:31 WAT · 3 min read
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Vanguard

Mixed reactions yesterday trailed the Central Bank of Nigeria, CBN’s cut on interest rate by three per cent, as the Monetary Policy Rate, MPR, was reduced from 26.5 per cent to 23 per cent. The post Experts divided over…