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Ways CBN's Interest Rate Hike Affects Nigerians
Manage episode 441911399 series 3303024
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.
Kapitel
1. Ways CBN's Interest Rate Hike Affects Nigerians (00:00:00)
2. [Ad] Resilient Earth Radio (00:17:40)
3. (Cont.) Ways CBN's Interest Rate Hike Affects Nigerians (00:18:28)
822 Episoden
Manage episode 441911399 series 3303024
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.
Kapitel
1. Ways CBN's Interest Rate Hike Affects Nigerians (00:00:00)
2. [Ad] Resilient Earth Radio (00:17:40)
3. (Cont.) Ways CBN's Interest Rate Hike Affects Nigerians (00:18:28)
822 Episoden
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