BUSINESS● LOWSep 23 · Sep 23, 2026, 5:37 PM
MPR cut should bring cheaper credit — MAN
Vanguard Nigeria · sub saharan africa
By Yinka Kolawole The Manufacturers Association of Nigeria, MAN, has urged banks to reduce lending rates to manufacturers following the Central Bank of Nigeria’s 350-basis-point cut in the Monetary Policy Rate, MPR, saying lower borrowing costs are essential to reviving investment and production. Director-General of MAN, Segun Ajayi-Kadir, made the call in a statement yesterday, […] The post MPR cut should bring cheaper credit — MAN appeared first on Vanguard News.
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