NewsBreakNigeria
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%
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%

The Big Reset: Will Nigerians Feel It?

The Monetary Policy Committee reset Nigeria's benchmark interest rate from 26.5 per cent to 23 per cent; a dramatic 350-basis-point adjustment, while recalibrating the corridor around the Monetary Policy Rate. The post…

Aggregated · originally by Channels TV
30 Sept 2026, 08:30 WAT · 3 min read
Read at source
Channels TV

The Monetary Policy Committee reset Nigeria's benchmark interest rate from 26.5 per cent to 23 per cent; a dramatic 350-basis-point adjustment, while recalibrating the corridor around the Monetary Policy Rate. The post…