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September 22, 2026|15:16

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Banking

CBN Cuts Interest Rate To 23% From 26.5%

Channels TV about 1 hour 1 mins read

The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate from 26.5 per cent to 23 per cent.

CBN Governor, Olayemi Cardoso, disclosed the decision on Tuesday at the end of the Monetary Policy Committee’s 307th meeting in Abuja.

More to follow..

The post CBN Cuts Interest Rate To 23% From 26.5% appeared first on Channels Television.

This article was sourced from an external publication.

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