Nigeria’s hefty rate cut erodes its carry-trade edge against Ghana
Nigeria’s interest-rate differential has fallen behind Ghana after the Central Bank of Nigeria (CBN) cut its benchmark rate by 350 basis points to 23% on Tuesday, September 22, 2026, making the West African peer a more…
Aggregated · originally by Nairametrics
23 Sept 2026, 14:32 WAT · 3 min read
Nairametrics
Nigeria’s interest-rate differential has fallen behind Ghana after the Central Bank of Nigeria (CBN) cut its benchmark rate by 350 basis points to 23% on Tuesday, September 22, 2026, making the West African peer a more…
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