Did the CBN cut its policy rate in September 2026?

Payout (40 × ₦100)

₦4,000

Withholding tax (5%, Lagos State)

−₦36

Paid into your balance

₦3,964

+₦618 profit after tax and fees: ₦3,964 paid out, minus the ₦3,346 you paid (₦3,280 for the shares plus ₦66 fee).

Withholding tax is 5% of your net winnings of ₦720: the ₦4,000 payout minus the ₦3,280 your shares cost. We pay it to the Lagos State Internal Revenue Service for you. It shows on your monthly statement.

See the payment receipt

Position details

Side

No

Shares

40

Average price

₦82 per share

You paid

₦3,346: ₦3,280 for the shares plus ₦66 fee

Result

Resolved No on 23 Sep 2026

Paid

₦3,964 on 23 Sep 2026 · 15:12 WAT

Source

CBN Monetary Policy Committee, communiqué of 23 Sep 2026

Timeline

• Bought 40 No shares at ₦82

  4 Sep 2026 · 10:21 WAT

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  Market resolved No

  23 Sep 2026 · 14:00 WAT

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  ₦3,964 paid into your balance

  23 Sep 2026 · 15:12 WAT