CBN’s 23% Rate Cut Still Insufficient — MAN •Seeks sub-15% MPR, cheaper credit
The CBN, at its 307th Monetary Policy Committee (MPC) meeting on September 21–22, 2026, reset the MPR from 26.5 per cent to 23 per cent — a 350-basis-point reduction.
The CBN, at its 307th Monetary Policy Committee (MPC) meeting on September 21–22, 2026, reset the MPR from 26.5 per cent to 23 per cent — a 350-basis-point reduction.