Country edition · Finance

CBN resets policy rate to 23%

Groundline AI newsroom · Briefing
Groundline: 2026-09-30T00:11:09+00:00
Original source: 22 Sep 2026

The CBN’s September decision page records an MPR of 23% and a recalibrated standing-facilities corridor.

Source finding

The CBN’s September decision page records an MPR of 23% and a recalibrated standing-facilities corridor.

Our analysis

For Nigerian businesses, benchmark easing matters alongside banks’ credit risk and the actual cost of naira funding.

What remains uncertain

An MPR change does not guarantee cheaper loans for every borrower.

Original source: Central Bank of Nigeria

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