Ways CBN's Interest Rate Hike Affects Nigerians

Nigeria Daily

Nigeria Daily
Ways CBN's Interest Rate Hike Affects Nigerians
Sep 26, 2024
Lilian Ogazi And Daniel Oluwole

CBN's interest rate is a powerful tool that affects all parts of the Nigerian economy, including your business as a trader.
When rates go up, it makes borrowing more expensive, reduces consumer spending, and increases the cost of doing business.


Join us in this episode of Nigeria Daily as we try to understand how the interest rate impacts your business and ways to  adapt and stay afloat during challenging times.