Money
Nigeria Implements Significant Interest Rate Cut
The Central Bank of Nigeria has reduced its benchmark interest rate to 23%, marking a 350 basis point cut as inflation trends downward.
September 22, 2026, 04:12 PM·Crypto Briefing

The Central Bank of Nigeria has reduced its benchmark interest rate to 23%, marking a 350 basis point cut as inflation trends downward.

Dangote Petroleum Refinery has launched an IPO in Nigeria aiming to raise up to $2.1 billion to fund a massive capacity expansion project.

Aliko Dangote is preparing the largest IPO in Africa's history to raise $1.63 billion for his petroleum refinery business.
