Banks’ maximum lending rate drops to 33.16%

Nigeria’s maximum lending rate eased to 33.16% in June 2026. Discover how this decline impacts borrowing costs and the economy.

The Briefing Africa

July 27, 2026 · 00:53 · 5 min read

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Nigeria’s maximum lending rate eased to 33.16% in June 2026. Discover how this decline impacts borrowing costs and the economy.

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