On the side-lines of the African Oil Week in Cape Town, Former Nigerian President, Olusegun Obasanjo spoke to CNBC Africa’s Jill De Villiers on the importance of the African Continental Free Trade Area and the opportunities available to the domestic investors in the development of Nigeria’s oil and gas industry.
The stormy oil market could have OPEC about to perform another production U-turn. The cartel has signaled it will consider a return to cutting output in 2019. With prices falling in the face of a shale surge, OPEC will discuss a change of course in Abu Dhabi this weekend.
Ahead of Nigeria’s 2019 General Elections, main opposition, the People's Democratic Party will today screen its presidential aspirants to decide its flag-bearer at the elections. Kenny Okolugbo, Former Commissioner of the Delta State Oil and member of the PDP, joins CNBC Africa from Delta State to shed some light on the screening process and possible outcome.
This year's edition of Nigeria's Oil and Gas Conference is themed, driving Nigeria's oil sector towards sustained economic development and growth. Victor Ude, Group CEO of Vurin Group and a speaker at the local content development seminar at the conference joins CNBC Africa to discuss what changes he hopes this year's edition will bring.