TOH edition: Monday, 28 September 2026 · Economy
Where Borrowing Was Crushing Households, Relief Begins: Nigeria Cuts Its Benchmark Rate by 3.5 Points as Inflation Eases
Reported by The Nation (Nigeria)
Publisher date:
The Central Bank of Nigeria's Monetary Policy Committee cut the Monetary Policy Rate by 350 basis points, from 26.5% to 23%, at its September meeting as inflation eased; financial markets reacted positively.
The Central Bank of Nigeria's Monetary Policy Committee cut the Monetary Policy Rate by 350 basis points, from 26.5% to 23%, at its September meeting as inflation eased; financial markets reacted positively.
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