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WTO: Okonjo-Iweala expresses frustration, mulls quitting job –Report

…faults story on 2023 presidential ambition Just seven months into her four and half-year term, the Director General of World Trade Organisation (WTO), Dr. Okonjo-Iweala has become frustrated with the workings of the organisation and has floated the idea of resigning if no headway can be found on critical issues, Bloomberg reported yesterday. According to […]

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Vaccines access stimulus for developing countries –Okonjo-Iweala

The Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo- Iweala, has described access to COVID-19 vaccine as the biggest economic stimulus for developing countries. She stated this during the final session of the 2021 International Monetary Fund (IMF) and World Bank Spring Meetings, on Friday. Although over 690 million doses of COVID-19 […]

Business

WTO raises 2021 trade forecast amid vaccine roll-out

The World Trade Organisation (WTO) has revised its growth forecast for global goods trade this year up, but said the outlook was clouded by risks from the roll-out of coronavirus vaccines and the possible emergence of vaccineresistant strains. According to Reuters, WTO Director-General, Dr. Ngozi Okonjo-Iweala, told a news conference yesterday that vaccine had given […]

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Okonjo-Iweala: WTO postpones meeting to select new DG

The World Trade Organisation (WTO) has postponed a general council meeting set for Monday, November 9, where members were expected to review whether to select their next Director- General (DG), Bloomberg reported yesterday. According to the news outlet, the decision will delay the WTO’s ability to confirm Nigeria’s Ngozi Okonjo-Iweala as the first African and […]

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WTO: Okonjo-Iweala advances to final round

The chances of Nigeria’s Dr. Ngozi Okonjo- Iweala, emerging as the next Director-General of the World Trade Organization (WTO) further brightened yesterday as she advanced to the final stage in the race for the position. After the final rounds of voting for the remaining five candidates, members of the WTO selected Okonjo- Iweala and South […]

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WTO: Okonjo-Iweala, others know fate next week

•Fitch revises Nigeria’s outlook from negative to stable The remaining five candidates in the race for the job of Director- General of the World Trade Organisation (WTO) will know their fate next week. This is as Fitch Ratings yesterday revised the outlook on Nigeria’s long-term foreign-currency Issuer Default Rating to stable from negative. However, the […]

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WTO shortlists Okonjo-Iweala, 4 others for DG post

Dr. Ngozi Okonjo-Iweala, a former Minister of Finance and Cooirdinating Minister of the Economy under former President Goodluck Jonathan, has been named among the five candidates that will proceed to the next stage in the race for the position of the Director- General of the World Trade Organisation (WTO). In a statement yesterday, the WTO […]

Business

Okonjo-Iweala: Time to fix WTO

Nigeria’s candidate to head the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, yesterday urged U.S. President, Donald Trump, or his successor not to leave the Geneva-based body, saying reforms were possible. The U.S. has been a regular critic of the WTO and is along with other members is urging reforms to its 25-year-old global trade […]

Business

Okonjo-Iweala, 7 others in race for WTO D-G post

The close of the nomination period for the top position at World Trade Organization (WTO), yesterday, showed that eight candidates, including Nigeria’s Dr. Ngozi Okonjo-Iweala, will be vying , according to Reuters. The news agency reported that a final 24-hour flurry added three names to the field to replace Brazilian Roberto Azevedo, who will quit […]

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