The World Trade Organization also referred to as WTO, has a reputation for being the world's only global international organization dealing with the rules of trade between all nations in different parts of the globe. Recently the 66-year-old famous Nigerian female politician Ngozi Okonjo-Iweala got appointed as the Director General of World Trade Organization. Boards of World Trade Organization is made up of prominent Board members who make agreements, negotiate and sign transaction documents belonging to the
The number of infected people in Nigeria is 1532— NCDC 1. The Kano lab is back Further research has begun at the coronavirus research center in Kano. Remember, the search was previously discontinued due to inadequate surveillance equipment. It was also discovered that some workers there contracted coronavirus infection. But Chikwe Ihekweazu, the director of the National Center for Disease Control, said it was a new laboratory on Tuesday. It also announced that another research center would be set up at
Despite some signs of recovery, the global economy faces continued challenges, including the possibility of a second wave of COVID-19, and governments should keep their support programs in place, IMF chief Kristalina Georgieva said Thursday. Activity “has started to gradually strengthen… But we are not out of the woods yet,” Georgieva said in a message to G20 finance ministers ahead of their weekend meeting in Saudi Arabia. 92 more words - Guardian Newspaper As women in poor countries lack access to
President Muhammadu Buhari has accepted the appointment of Ngozi Okonjo Iweala as Director-General of the World Trade Organization ( WTO), former coordinating minister for the economy. The election is expected to occur for a four-year period in Geneva , Switzerland in 2021 that will run from 2021 to 2025 after Roberto Azevedo, the agency's former managing director stepped down a year to give up his second term. Okonjo-Iweala is currently chairing the Global Alliance for Vaccinations and Immunization (GAVI),
The World Health Organisation (WHO) has appointed Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala as Special Envoy for the newly inaugurated Access to COVID-19 Tools (ACT) Accelerator. Ngozi is to serve alongside British business executive, Sir Andrew Witty in the same capacity, to mobilise international commitment to the initiative. This was made known by Director-General of the organisation, Dr. Tedros Ghebreyesus, during the launch of the ACT Accelerator — via webinar from Geneva. “I would e
The talent and professional integrity of Dr. Ngozi Okonjo-Iweala can not be dismissed by anyone. She is one of Nigeria's illustrious daughters in the international community. Many even consider her one of our brightest exports alongside Nobel laureate and foremost playwright, Prof. Woke Soyinka and rave of the moment in literature, Chimamanda Ngozi Adichie . Okonjo-Iweala has become a force to take seriously locally and nternationally. A two tine finance minister under the administration of President Olu
The Federal Government has promised that it will guarantee that fuel endowment, which was as of late expelled, doesn't reappear. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, and the Central Bank of Nigeria Governor, Mr Godwin Emefiele, made the vow in a letter to the Managing Director of the International Monetary Fund, Mrs Kristalina Georgieva. The sharp drop in unrefined petroleum costs on the rear of the spread of coronavirus saw the arrival cost of petroleum hitting a rec
There are indications that the Executive Board of the International Monetary Fund may approve the $3.4bn loan sought by Nigeria Zainab Ahmed the minister of finance, budget and national plannin had on April 6, while announcing that Nigeria had applied for the loan, said the funds were anticipated within 6 to 12 weeks, Reuters and Bloomberg reported that the International Monetary Fund would meet over the request today. The reports quoted unofficial sources in the IMF. The loan would be among the largest a
A News post which has gone viral today being 2nd of December 2020, on various media platform, has it that, that IMF has recapped the defective role corruption plays in denying poor persons in emerging nation’s access to humanitarian relief. Intelligence report gathered from various online media by foxxymobile team today being, 2nd of December 2020, revealed that the Managing Director, International Monetary Fund (IMF) Ms. Kristalina Georgieva, has stated that corruption is a barrier to poor nations for humanitarian
International Monetary Fund (IMF) board have approved immediate debt service relief to 25 poorest and most vulnerable members to help address the impact of the COVID-19 pandemic. Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) announced this in a statement issued on Monday. According to the statement, “Today, I am pleased to say that our Executive Board approved immediate debt service relief to 25 of the IMF’s member countries under the IMF’s revamped Catastrop
The 66-year-old famous Nigerian International political personality Ngozi Okonjo-Iweala, took to her official profile page on popular social media platform twitter, to thank 5 Powerful women in the world's Finance Sector. The former Nigerian Minister of Finance and Foreign Affairs Doctor Ngozi Okonjo-Iweala recently got appointed as the Director General of World Trade Organization. Following her new appointment, Ngozi made an appreciation to 5 of her female colleagues in the World's Finance Sector, thanking
Recent findings revealed that the Executive board of International Monetary Fund might approve the loan request of $3.4bn by Nigeria on Tuesday, 28th April,2020. The minister of Finance, Budget and National Planning also said on April 6 that it might take up to one and half month to three months before its approval. It's also good to know that if this allocation is approved, it will be one the huge allocation by IMF to African countries in curb to the spread of the pandemic virus. The cable also revealed th
The news coming from the International Monetary Fund (IMF) has indicated that the sum of $3.4 billions has been released to Nigeria under the Rapid Financing Instrument (RFI) of the Bretton Wood Institution, according to Nairametrics. This was confirmed by the Managing Director of IMF, Kristalina Georgieva during an interview she had with CNBC Africa on Tuesday May 5, 2020. The Managing Director of IMF Kristalina Georgieva It would be recalled that Nigeria recently applied for the facility in view of econom
Former World Bank president James Wolfensohn dies at 86 years old. James Wolfensohn who happens to be a bank investment financier or banker who once helped strengthen out most American Cultural Institution and past served as President of the World Bank and happens to die on Wednesday 25, 2020, and at age of eighty-six years. World Bank Group by name President David Malpas writes tributes to the late former President James Wolfensohn Saying, " He happens to sharpen its focus on poverty reduction and recalculated
There are reports going on that the Executive Board of the International Monetary Fund(IMF) may approve the loan of $3.4bn to Nigeria today(Tuesday). Moreover the Minister of Finance, Budget and National Planning, Zainab Ahmed, made it clear on April 6, while announcing that Nigeria had applied for the loan, said the funds were expected to arrive within 6 to 12 weeks, Reuters and Bloomberg claimed that the International Monetary Fund would meet over the request today. The reports explained unofficial source
Nigeria and other agricultural nations will get $275 billion out of the $650 billion worth of Special Drawing Rights (SDRs) as the International Monetary Fund's (IMF) started the dispersion If the assets on Monday. IMF's overseeing director, Ms. Kristalina Georgieva, said this in an assertion on Monday, in Washington DC, while declaring the initiation of the dissemination of the SDRs.
Take a look at these women with brains.Okonjo-iweala After being named the Director-General of the World Trade Organisation.she joined the select club of women chosen to head an international organisation, becoming the first female and first African chief of the World Trade Organization.
The World Health Organization (WHO) on Friday named previous Minister of Finance, Dr. Ngozi Okonjo-Iweala, as a Special Envoy for the recently introduced Access to COVID-19 Tools (ACT) Accelerator. She is to serve next to British business official, Sir Andrew Witty in a similar limit, to activate global pledge to the activity. Director-General of the association, Dr. Tedros Ghebreyesus, made the declaration during the dispatch of the ACT Accelerator — through webinar from Geneva. The activity is a world
The centralized regime has pledged that it will make certain that fuel subsidy, which was lately removed, does not re-emerge. The Minister of Finance, plan and state-run Planning, Mrs Zainab Ahmed, and the mid put in the bank of Nigeria Governor, Mr Godwin Emefiele, ended the deposit in a correspondence to the running Director of the intercontinental economic Fund, Mrs Kristalina Georgieva. The clear-cut descent in crude grease prices on the fund of the coverage of coronavirus motto the corridor fee of gas
Nigeria’s former finance minister, Ngozi Okonjo-Iweala, was on Friday assigned a member of the External Advisory Group constituted by the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. The group of central individuals from around the world are to serve as the IMF chief’s special consultants that would provide insights to enhance the fund’s ability to serve its membership. They include mainly of high-level technocrats and policy experts with private sector experience.