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CBN’s cautious cut to 26.5% seen lowering borrowing costs, backing naira 

Posted on February 24, 2026 by CoreNews Africa

​Surging bank liquidity triggers 16-fold mop-up by CBN

The Central Bank of Nigeria (CBN) trimmed its benchmark interest rate by 50 basis points to 26.5 per cent on

read more CBN’s cautious cut to 26.5% seen lowering borrowing costs, backing naira

   

Posted in Business

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Next: Dangote Refinery to supply 65m litres of petrol daily 

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Core Afric

Celebrating the diversity and richness of African heritage globally

Celebrating the diversity and richness of African heritage globally

Core Afric amplifies the voices and stories of people of African descent worldwide. Our mission is to build a bridge amongst our various citizens dispersed all over the globe. We are intentional about a media where the experiences, perspectives, and achievements of the descendants of Africa are valued, respected, and celebrated. Through our reporting, we aim to foster greater understanding, empathy, and solidarity in a universe riddled with divisions. Do you care about honoring the diversity and richness of African heritage globally? Connect with us on our handles for news, information, and cultural exposition, highlighting the richness and diversity of Africa and its diasporans.

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Core Afric

Core Afric amplifies the voices and stories of people of African descent worldwide. Our mission is to build a bridge amongst our various citizens dispersed all over the globe. We are intentional about a media where the experiences, perspectives, and achievements of the descendants of Africa are valued, respected, and celebrated. Our reporting aims to foster greater understanding, empathy, and solidarity in a universe riddled with divisions. Do you care about honoring the diversity and richness of African heritage globally? Connect with us on our handles for news, information, and cultural exposition, highlighting the richness and diversity of Africa and its diasporans.

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