Naira may crash further after CBN rate cut, economist Rewane explains why

Bismarck Rewane warns the naira may weaken after the CBN cuts its benchmark rate to 23%, while lower savings returns could drive investors to dollars and Bitcoin.

Aggregated · originally by Legit.ng

24 Sept 2026, 19:01 WAT · 3 min read

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Naira may crash further after CBN rate cut, economist Rewane explains why

Bismarck Rewane warns the naira may weaken after the CBN cuts its benchmark rate to 23%, while lower savings returns could drive investors to dollars and Bitcoin.

Naira may crash further after CBN rate cut, economist Rewane explains why

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