Rising inflation spurs Nigeria's rate hike

The Central Bank of Nigeria has continued to raise interest rates to contain sticky inflation. On the contrary, fellow oil producer, Angola as seen a rapid drop in inflationary pressure which has fuelled 2 consecutive rate cuts this year and a hold stance last week. Rhode Luemba, the Head of Flow Sales, Global Markets at Standard Bank Group, joins CNBC Africa for this discussion.
Wed, 24 May 2023 16:15:52 GMT