NewsBreakNigeria
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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%

Lower interest rates could lift corporate profits, tax revenue

Nigeria’s latest interest rate cut could eventually translate into higher tax revenue for the government if cheaper borrowing costs allow read more Lower interest rates could lift corporate profits, tax revenue

Aggregated · originally by BusinessDay
1 Oct 2026, 14:30 WAT · 3 min read
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Lower interest rates could lift corporate profits, tax revenue

Nigeria’s latest interest rate cut could eventually translate into higher tax revenue for the government if cheaper borrowing costs allow read more Lower interest rates could lift corporate profits, tax revenue