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Banks Set for Fresh Gains as Inflation Drops, Rate Cut Looms
The Business NG
|August 20, 2025
Nigeria's banking sector is on track to be one of the biggest winners as inflation slows and expectations rise that the Central Bank of Nigeria (CBN) may soon cut interest rates.
BusinessNG reports that the NGX Banking Index, which tracks the performance of major banks, has already surged by nearly 48% in 2025, adding around N6 trillion ($3.9 billion) in market value as of mid-August. The r
Dit verhaal komt uit de August 20, 2025-editie van The Business NG.
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