LAGOS JULY 23RD (NEWSRANGERS)-Fifty-eight of the 164 member states of the World Trade Organisation (WTO) members have voiced support for a proposal from the African Group backing incumbent Director General, Ngozi Okonjo-Iweala, to serve a second term. The 58 member countries of the trade association made this known at a July 22 meeting of the…
LAGOS JUNE 5TH (NEWSRANGERS)-Founder of the Stanbic IBTC Bank Plc, Dr Atedo Peterside has asked those who criticised the removal of the fuel subsidy in 2012 to beg for forgiveness from former President Goodluck Jonathan. Peterside also said the critics should apologise to Jonathan’s economic team which had the presidential candidate of the Labour Party,…
LAGOS OCTOBER 1ST (NEWSRANGERS)- Just seven months into her four-year tenure as the Director General at the World Trade Organisation (WTO), there are reports that Dr Ngozi Okonjo-Iweala is growing frustrated with the workings of the organization and has floated the idea of resigning if no headway can be found on critical issues. According to…
LAGOS MARCH 1ST (NEWSRANGERS)-Dr Ngozi Okonjo-Iweala has officially resumed as Director-General of the World Trade Organisation (WTO). As she took up the new role on Monday, the former Nigerian finance and foreign minister said she was eager to get straight to work as the first woman and first African to lead the beleaguered World Trade…
LAGOS FEBRUARY 16TH (NEWSRANGERS)-The World Trade Organization’s incoming chief on Monday warned against “vaccine nationalism’ that would slow progress in ending the COVID-19 pandemic and could erode economic growth for all countries – rich and poor. Ngozi Okonjo-Iweala told Reuters her top priority was to ensure the WTO does more to address the pandemic, saying…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-A former Nigerian minister of finance, Ngozi Okonjo-Iweala, has emerged the first female Director-General of the World Trade Organization. Mrs Okonjo-Iweala was confirmed DG of the trade body in a statement by the WTO on Monday. The United States government had last week announced its endorsement of Mrs Okonjo-Iweala for the top…
LAGOS FEBRUARY 5TH (NEWSRANGERS)-Nigeria’s Ngozi Okonjo-Iweala is a step closer to becoming the first African and first woman to lead the World Trade Organization, after a South Korean rival withdrew on Friday following months of uncertainty over the body’s leadership. Okonjo-Iweala faced opposition from the U.S. administration of former President Donald Trump after a WTO…
LAGOS NOVEMBER 24TH (NEWSRANGERS)-Nigeria’s former minister of finance and the frontrunner in the WTO DG race, Ngozi Okonjo-Iweala, is set to be named the new Director-General of the World Trade Organisation (WTO) after South Korea reportedly decided to withdraw its Trade Minister, Yoo Myung-hee from the race. According to the Washington Trade Daily, Seoul is…