Category: Business & Finance

CBN Interest Rate Cut: What It Means for Nigerians

The CBN has cut Nigeria’s Monetary Policy Rate from 26.5% to 23%. Here is what the decision could mean for borrowers, SMEs,…

empowermentupdate October 6, 2026

Mercy Joseph

Founder & Editor

Founder/Author Empowermentupdate.com Mr. Mercy Joseph CEO/ Board Director CHAIRMAN Is a Distinguished media expert, and a digital marketer, with over 10 years of experience, steering from Digital skills, to entrepreneurial analyst, and also government programs expert. He is a transformational leader with global networking across the media sector. a graduate of Entrepreneurship from the prestigious institution Nasarawa state university, keffi He has a proven track record in balancing business growth with Media integrity, having millions of followers across social media platforms He is also the founder of Nsuk students newsline, Empowerment News update and lots more Origin MJ is a proud Nigerian. Yoruba by birth, Igbo by origin, and a northerner by education...He carries every identity of this country proudly