CBN likely to hold rates at 26.5% through 2026 –Rewane

By Chukwuma Umeorah
The Central Bank of Nigeria (CBN) is likely to maintain its benchmark interest rate at about 26.5 per cent throughout 2026 as it continues efforts to contain inflationary pressures, Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has said.
Speaking at the 2026 PEARL Awards Corporate Summit in Lagos on Tuesday, Rewane said meaningful interest rate cuts may not occur until 2027 after the conclusion of national elections. He also projected that Nigeria’s real Gross Domestic Product (GDP) growth would reach four per cent by the end of 2026, while the naira would remain relatively stable, trading between N1,390 and N1,420 to the dollar.
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