MAN warns 23% MPR cut may have little impact with lending rates at 30%
The Central Bank of Nigeria’s reduction of its benchmark interest rate may have limited impact on manufacturers if commercial lending rates remain as high as 30%, the Manufacturers Association of Nigeria (MAN) has said.…
Aggregated · originally by Nairametrics
24 Sept 2026, 08:02 WAT · 3 min read
The Central Bank of Nigeria’s reduction of its benchmark interest rate may have limited impact on manufacturers if commercial lending rates remain as high as 30%, the Manufacturers Association of Nigeria (MAN) has said.…
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