CBN Crashes Interest Rate by 350bps to 23%, Market Expects Cheaper Credit

According to a report by Random News Portal… • Cardoso declares rate adjustment a “reset and recalibration” of monetary policy rather than shift to easing stance  •Says CBN reforms have restored confidence, rebuilt external reserves to $55bn amid complete report is on link below: Source: https://www.thisdaylive.com/2026/09/23/cbn-crashes-interest-rate-by-350bps-to-23-market-expects-cheaper-credit/