Video Summary
Nigeria’s central bank has cut its benchmark interest rate from 26.5% to 23%, its first reduction this year, as inflation shows signs of easing. Manufacturers welcomed the move but call for lower lending rates and further cuts to make credit more affordable and support business growth.. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY. Facebook: https://www.facebook.com/cgtnafrica/.
Video Details
Source: Global Business
Publication Date: 2026-09-24T08:41:50Z
Original Link: Watch the video on YouTube
Full Description
Nigeria’s central bank has cut its benchmark interest rate from 26.5% to 23%, its first reduction this year, as inflation shows signs of easing. Manufacturers welcomed the move but call for lower lending rates and further cuts to make credit more affordable and support business growth.
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