Central Bank of Nigeria Governor Olayemi Cardoso has hinted that lending rates may decline in the coming months due to easing inflation, potentially boosting access to credit and investment flows. Nigeria’s inflation rate slowed to 21.88% in July 2025, and the Central Bank has maintained its benchmark lending rate at 27.50%. High interest rates have burdened businesses, but Cardoso’s comments suggest a potential decrease in lending rates as macroeconomic conditions stabilize, which could lead to stronger corporate lending and higher investment levels.
