CBN Cuts Interest Rate to 23% After MPC Meeting

The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 26.5% to 23%, delivering a 350-basis-point adjustment after its 307th Monetary Policy Committee (MPC) meeting in Abuja on Tuesday, September 22, 2026. CBN Governor Olayemi Cardoso announced the decision at the conclusion of the two-day meeting, describing the move as an … Continue reading CBN Cuts Interest Rate to 23% After MPC Meeting