The Organisation of Petroleum Exporting Countries (OPEC) has agreed to increase output curbs in early 2020. The agreement, which needs to be formally adopted later today, will cut an extra 500,000 barrels per day of production, through tighter compliance and some adjustments. Emmanuel Adeleke, Research Analyst at ARM Securities joins CNBC Africa for more.
Saudi oil giant Aramco raises $25.6 billion in the world's biggest ever IPO, beating a record set by Alibaba in 2014. Meanwhile, OPEC members meet in Vienna to discuss cutting oil production by a further 500,000 barrels a day - more than previously expected.
Zenith Bank’s International Trade Seminar is proof that Nigeria is ready to drive the non-oil export projects in the country. That’s according to Olugbemi Ojo, the Executive Director of Lakinberg LLC who joined CNBC Africa’s Wole Famurewa to discuss the highlights of the seminar.