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Banks Set to Cut Loan Rates in 2026 - Analyst
The Business NG
|The BusinessNG
A financial analyst Nairametrics founder and financial analyst, Ugo Obi-Chukwu, has projected that Nigerian commercial banks will begin lowering lending rates in 2026 as strong capital buffers and profitability drive a shift toward real sector financing.
Speaking on TVC News, Obi-Chukwu noted that current lending rates, which hover between 32% and 36%, are unsustainable. He predicted that rates on loans, treas
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