Nigeria MPC rate hike: Exploring the wider implications

After an anticipated 50-basis-point rate hike to 18 per cent, Bismarck Rewane, the CEO of Financial Derivatives, Muda Yusuf, a Director at the Center for the Promotion of Private Enterprise and Nnamdi Nwizu, Co-Managing Partner at Comercio Partners joined CNBC Africa's Wole Famurewa to discuss the wider implications of the decision.