Is MPR hike best option for Nigeria?

Analysts say the bigger-than-expected 100 basis point rate hike at the first monetary policy committee of the central bank of Nigeria is not the sole solution to rein in inflation. Meanwhile, the CBN governor insists aggressively raising the policy rate Is key to further narrow the negative real interest rate margin. Patrick Curran, Senior Economist at Tellimer joins CNBC Africa for more on this.
Wed, 25 Jan 2023 14:56:03 GMT