IMF $650bn Special Drawing Rights - What are the implications for Nigeria?

From the 23rd of August, countries will be able to take advantage of the general allocation of Special Drawing Rights valued at $650 billion , which was approved by the Board of Governors of the IMF. This is the largest SDR allocation in the history of the IMF for members to address the long-term global need for reserves. Tajudeen Ibrahim, Senior Vice President Head of Research at Chapel Hill Denham joins CNBC Africa for more.