The International Monetary Fund has allocated the sum of three point three-five billion dollars to Nigeria under its Special Drawing Rights. The allocation is part of about six hundred and fifty- billion dollars approval of a general allocation by the IMF Board of Governors. The IMF allocation announced by the Managing Director, Kristalina Georgieva, is meant to…
The World Trade Organisation has confirmed Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala as its first African and first female Director General. The WTO had been without a leader for nearly six months, and Okonjo-Iweala became the sole contender for the top job after her South Korean rival withdrew from the race. In a televised acceptance address from…