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    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

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    NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

    NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

    NJC sacks two heads of court, suspends two judges, sets up panel

    Court Sacks Uzodimma as APC’s Imo West Senate Candidate, Declares Okorocha Primary Winner

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa half-year profit hits $452m on mobile money, data growth

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

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    Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

    EFCC arrests 148 Chinese, 40 Filipinos, and 604 others in Lagos for crypto fraud:

    EFCC Opens 2026 Recruitment Portal, Applications Close 1 November

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

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    Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

    Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

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    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

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    SEC Nigeria to introduce tax incentive backed National Savings Scheme

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    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

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    Nestoil Pays Another $40 Million, Bringing Repayments to $100 Million

    Nestoil Pays Another $40 Million, Bringing Repayments to $100 Million

    Airtel Africa Releases Audited Financial Statements for Q1 2026

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    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

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    Stanbic IBTC launches a rights issue worth ₦N148.7 billion on the NGX Invest platform.

    Stanbic IBTC Fixes ₦159.86 Reference Price for 2026 Interim Scrip Dividend

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    Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

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    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Guinness Nigeria Declares ₦7.00 Interim Dividend for 2026

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    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

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Okonjo-Iweala appointed as WTO DG, for the second time

Monday, 2 December 2024, 11:48 am
in News, World
0
Okonjo-Iweala appointed as WTO DG, for the second time
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Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), has vowed to deliver meaningful results that improve lives worldwide.

Reports indicate that the 70-year-old Nigerian economist was the sole candidate for this prestigious position. The Geneva-based global trade body stated, “WTO members today agreed to give incumbent Ngozi Okonjo-Iweala a second term as Director-General of the WTO.”

Her commitment follows the General Council’s decision to appoint her for a second four-year term starting September 1, 2025. In her statement, she stated,

 “I am deeply honored by the trust and support of the WTO General Council and its 166 Members. It is a privilege to continue serving as Director-General for a second four-year term.

“In recent years, the WTO has played a vital role in helping Members navigate pressing global challenges, including the pandemic, conflict, and heightened geopolitical tensions. I commend Members for their hard work and determination in achieving progress despite unprecedented levels of uncertainty and rapid economic shifts.

“As we look ahead, I remain firmly committed to delivering results that matter—results that ultimately improve the lives of people around the world. By promoting trade as a driver of economic growth and resilience, the WTO will continue to provide a collaborative platform for Members to address shared global challenges.

“I am deeply committed to working alongside the talented and dedicated staff of the WTO to build a more inclusive, equitable, and rules-based multilateral trading system that benefits all.”

She expressed her gratitude for the trust of the WTO General Council and acknowledged the organization’s vital role in addressing issues like the pandemic and geopolitical tensions. She remains dedicated to fostering an inclusive, equitable, and rules-based trading system that benefits all members.

Vivian Ifunanya Gerald

Administrator and Writer

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