Budget Deficit Rises by 370%, Hits N47tn The Budget Office of the Federation recent data analysis has indicated that total budget deficit is set to hit N47.43tn under the President Muhammadu Buhari. The budget data analysis cover the actual budget deficits and projections for 2015, 2016,...

WTO Commits N12bn For Fisheries Development In Nigeria, Others   The World Trade Organisation is committing about N12 billion ($20m) into fisheries development in Nigeria and other member countries as part of efforts to prohibit harmful fisheries subsidies. The Director General of WTO, Dr Ngozi Okonjo-Iweala, stated...

How Jonathan Saved $3.5bn From Pensions, Oil Subsidy Fraud - Okonjo-Iweala     Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, yesterday gave an account of how she superintended over saving Nigeria a cumulative of $3.5 billion by cleaning up the country’s pension and subsidy...

WTO: Okonjo-Iweala Appoints Four Deputy DGs       The Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, yesterday announced the appointment of Angela Ellard of the United States, Anabel González of Costa Rica, Ambassador Jean-Marie Paugam of France and Ambassador Xiangchen Zhang of China...

Okonjo-Iweala Expresses Concern Over Nigeria’s Multiple Foreign Exchange Rates       Director-General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, on Monday, listed conditions that could make Nigeria benefit from the global body. She gave the conditions when she visited President Muhammadu Buhari at the Presidential villa. These were...

Okonjo-Iweala Advises Nigeria, Others Against Bilateral Trade Agreements       The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has urged Nigeria to guard against entering into unfavourable bilateral trade agreements with rich countries. She advised Nigeria and other African countries to embrace multilateral trade agreements...