THE BIG RESET: WILL NIGERIANS FEEL IT? Something important happened in Abuja last week. It did not involve a defection, a campaign rally or another declaration about 2027. It happened at the Central Bank. The Monetary Policy Committee reset Nigeria’s benchmark interest rate from 26.5 per cent to 23 per cent; a dramatic 350-basis-point adjustment, while recalibrating the corridor around the Monetary Policy Rate. The CBN insists that this is not simply a return to easy money. It describes it as an operational reset intended to reconnect the official policy rate with the rates actually operating in the financial system. Technically, that distinction matters. Source: https://www.channelstv.com/2026/09/30/the-big-reset-will-nigerians-feel-it/