Tag: dayo amzat
Oil producer club and its allies, OPEC+ agreed to ease production cuts to 7.7 million barrels per day from August until December this year. Dayo Amzat, Managing Director and CEO of Zedcrest Capital joins CNBC Africa to discuss what these decisions mean for the global oil market and emerging economies like Nigeria.
Nigeria’s National Assembly has approved the $5.5 billion external loan request of the executive arm of government to fund the country's budget deficit. While addressing the revised Medium Term Expenditure Framework and Fiscal Strategy Paper, the lawmakers raised the oil price benchmark to $28 per barrel from the $25. Dayo Amzat, Managing Director and CEO of Zedcrest Capital joins CNBC Africa for more.
U.S President Donald Trump says he has ordered the Navy to shoot down Iranian gunboats if they harass American ships. Trump’s tweet came as Brent tumbled to its lowest since 1999 overnight. So how are these events impacting Nigeria’s financial market coupled with the growing number of coronavirus cases in the country? Dayo Amzat, Managing Director and CEO of Zedcrest Capital joins CNBC Africa for more.
Nigeria's government has proposed to raise the country's value-added tax (VAT) to 7.2 from 5 per cent next year. To discuss the wider implications of this move, Group Managing Director and CEO of Zedcrest Capital, Dayo Amzat joins CNBC Africa for more.