Winners and losers of CBN’s latest rate hike

    Oluwole Crowther | Top Stories | Nov 27, 2024    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
702
times

The Nigerian economy faces mixed consequences from the Central Bank’s 25 basis-point interest rate hike on Tuesday, with clear winners and losers emerging.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
Technology
How airtime lending became telcos' multi-billion naira goldmine
In 2024, Samuel Ojimba travelled from Lagos to Zamfara. While in a local community, gunshots suddenly rang out, sending everyone fleeing...
Royal Ibeh | Aug 15, 2025
Energy
US refiners shift to Nigeria’s crude on geopolitics
American refiners are increasingly turning to Nigeria’s light, sweet crude as geopolitical tensions disrupt traditional oil trade routes...
Faith Esifiho | Aug 14, 2025
Energy
Six oil projects to unlock 800,000 bpd for Nigeria
Nigeria’s oil industry is on the verge of a potential production rebound, as a new wave of offshore projects, backed by billions of...
Oladehinde Oladipo | Aug 13, 2025
Companies and Market
Companies pause new debt in rate cut bet
Nigerian companies are delaying issuing new debt as they await a more favorable borrowing environment from September, leaving the...
Eniola Olatunji | Aug 12, 2025
support_agent
phone
mail_outline
language
help_outline
Conference Ad Conference Ad