Post by Emegwa Ugochi (@Janenancy)

CBN CUTS INTEREST RATE TO 23% 🇳🇬
The Central Bank of Nigeria has reduced its benchmark interest rate from 26.5% to 23%.
The CBN says the decision comes as inflation pressures ease and foreign-exchange conditions improve. Business groups are now calling on commercial banks to reduce their lending rates so that businesses can have easier access to loans.
But Nigerians want to know:
Will this reduction actually make borrowing money cheaper for ordinary Nigerians and business owners? 🤔
What do you think?
#NigeriaNews #CBN #Trending #BusinessNews #Leekleek

CBN CUTS INTEREST RATE TO 23% 🇳🇬 The Central Bank of Nigeria has reduced its benchmark interest rate...

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