Okonjo-Iweala to deliver address at NIM’s 60th-year celebration

Okonjo-Iweala

Okonjo-Iweala to deliver address at NIM’s 60th-year celebration     Nigeria’s former Minister for Finance and the current Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, will be the guest speaker at the forthcoming Nigerian Institute of Management’s (NIM) 60th anniversary celebration. According to a statement issued by the Registrar/Chief Executive of the Institute, Tony Fadaka, the Diamond Jubilee will have two major events, the anniversary lecture and luncheon. He said the 60th anniversary lecture themed ‘Celebrating 60 years of management excellence: Poised for more’, would be delivered by…

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Nigeria’s multiple exchange rate regime worries WTO, says Okonjo-Iweala

multiple exchange rate regime

Nigeria’s multiple exchange rate regime worries WTO, says Okonjo-Iweala   Ngozi Okonjo-Iweala, director-general of the World Trade Organization (WTO), says the world trade body is worried about Nigeria’s multiple exchange rate regime and how it affects international trade. While responding to questions from journalists after a meeting with President Muhammadu Buhari in Abuja on Monday, the former finance minister said some member states of the WTO have complained about Nigeria’s invoking the balance of payment agreement to make to be able to conserve foreign exchange. “WTO has one of the…

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UPDATED: Okonjo-Iweala appointed as WTO DG; gets EU support

Okonjo-Iweala appointed as WTO DG

UPDATED: Okonjo-Iweala appointed as WTO DG; gets EU support   The former Minister of Finance, Ngozi Okonjo-Iweala has been appointed as the Director-General of the World Trade Organisation (WTO). Okonjo-Iweala, whose tenure begins March 1, is the first woman and African to hold the position. The WTO stated this in a tweet on Monday, saying, “Ngozi Okonjo-Iweala from Nigeria is appointed as the next WTO Director-General. Dr. Okonjo-Iweala makes history as the first woman and the first African to lead the WTO. Her term starts on the 1st of March…

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Just In: Finally, Okonjo-Iweala elected WTO DG

Okonjo-Iweala appointed as WTO DG

After a long race, Ngozi Okonjo-Iweala, Nigeria’s nominee for the office of the director-general of the World Trade Organisation (WTO), has emerged winner of the highly competitive office. Business Metrics can report that Okonjo-Iweala was chosen as the final candidate, between her only contender at the final stage. It was gathered that the Nigeria’s earstwhile finance minister polled 104 votes from 164 member countries to defeat South Korea’s trade minister at the final stage of the race. This victory sets two record for the WTO as Madam Iweala became the…

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Buhari to Iweala: We’ll push until you clinch WTO job

Buhari to Iweala: We’ll push until you clinch WTO job

President Muhammadu Buhari, on Monday assured former Minister of Finance and Economy, Ngozi Okonjo-Iweala, that he would do all within his power to ensure that she became the Director-General of World Trade Organisation (WTO). According to a statement by his senior special assistant on media and publicity, Garba Shehu, the President made the promise while receiving Okonjo-Iweala at the Presidential Villa, Abuja. The statement was titled “We’ll push, push until you win, President Buhari assures Okonjo-Iweala.” The former minister and South Korea’s Yoo Myung-Hee are the two remaining candidates contesting…

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One more hurdle between Nigeria’s Okonjo-Iweala and WTO DG seat

As the race to the office of Director General of the World Trade Organisation (WTO) moves towards its conclusion, the WTO has officially announced two finalists for the position. The two last contenders are Nigeria’s candidate, Dr Ngozi Okonjo-Iweala, and South Korea’s candidate, Yoo Myung-hee. This means there is only one hurdle left to be crossed by either Dr. Okonjo-Iweala or her counterpart to clinch the position. Keith Rockwell, WTO spokesman, disclosed this to reporters at the WTO headquarters in Geneva after the results were announced to member states at…

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Nigeria’s Okonjo-Iweala battles 5 others to become WTO DG

Okonjo-Iweala appointed as WTO DG

Six candidates including Nigeria’s former finance Minister, Okonjo-Iweala are jostling for the next head of the World Trade Organisation (WTO), according to report by the Agence France Presse (AFP) Meanwhile, the window to enter the race slams shut on Wednesday, in a speed-up contest to replace the outgoing WTO director-general Roberto Azevedo, the Brazilian career diplomat who is stepping down one year early at the end of August. President Muhammadu Buhari had nominated Okojo-Iweala had in May nominated Okonjo-Iwealafor the position of director-general of the WTO. The six candidates in…

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Buhari nominates Okonjo-Iweala to head WTO

Buhari nominates Okonjo-Iweala to head WTO

President Muhammadu Buhari has approved the nomination of Ngozi Okonjo-Iweala, a former Coordinating Minister for the Economy, for the position of director-general of the World Trade Organisation. That Buhari withdrew the candidacy of Yonov Agah, Nigeria’s permanent representative to WTO, for the same position as reported on Thursday. The election is scheduled to hold in Geneva, Switzerland in 2021 for a four-year term that would run from 2021 to 2025 after Roberto Azevedo, former Director-General of the organisation, stepped down a year to the end of his second term. “The embassy…

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