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

Find out more as experts predict new dollar exchange rate after CBN's decision

Renowned economist Bismarck Rewane warned that the naira could depreciate after the CBN cut its MPR to 23%, as lower rates reduce returns on naira assets.

Aggregated · originally by Legit.ng
23 Sept 2026, 14:32 WAT · 3 min read
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Find out more as experts predict new dollar exchange rate after CBN's decision

Renowned economist Bismarck Rewane warned that the naira could depreciate after the CBN cut its MPR to 23%, as lower rates reduce returns on naira assets.