How Nigeria’s higher interest rate environment may impact investments

Following Nigeria’s Monetary Policy Committee’s aggressive MPR hike to 22.75 per cent and Cash Reserve Ratio at 45 per cent in a bid to rein in inflation, how much impact will this have on the investment landscape as the country seeks to drive bigger flows of foreign direct and portfolio investments. Kayode Akindele, Managing Director and CEO of Coronation Capital joins CNBC Africa for more.
Tue, 27 Feb 2024 16:42:50 GMT