The Smart Investors

The Central Bank of Nigeria just reduced its benchmark rate to 27%. This move comes after years of tight policy, and honestly, it feels like a small breather for businesses and families struggling with high loan costs. I remember how tough it was getting credit back in 2021—maybe this could ease things a bit.

• Inflation has started cooling
• Growth needs more support
• Cheaper credit may boost small businesses

Do you think this cut will really help everyday Nigerians, or just the big corporations? Join the discussion and share your experience below!

Rates were crazy high, no one could borrow without stress. i tried back in 2021 for a small shop loan, but I almost gave up because the interest was just too mad. maybe now things will ease up a little.

hmm not sure. banks hardly ever pass the cut down quickly. They'll find a way to keep charging us the same as they always do. Let's wait and see what happens next.