WTO: Okonjo-Iweala on the cusps of history
Who becomes the next Director-General of the World Trade Organisation (WTO) in a matter of weeks? It will surely be either Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee.
Members of WTO have since picked the two celebrated women...
OPEC Raises 2020 Demand Forecast Over China’s Recovery
The Organization of the Petroleum Exporting Countries (OPEC), has raised its global oil demand forecast for 2020 by 60,000 barrels per day (b/d) from last month to 90.29 million b/d in October, as it sees an improvement...
Race to WTO Leadership Is Down To The Final Two Candidates
World Trade Organization members selected two final candidates -- Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee -- to advance to the final round in the race to lead the Geneva-based trade body, according...
Petrol: Comparing Nigeria With Saudi Arabia Ridiculous, TUC Tells Buhari
The Trade Union Congress of Nigeria has condemned the comparison between Nigeria and Saudi Arabia made by President Muhammadu Buhari, in his Independence Day address.
The President, TUC, Quadri Olaleye, in a statement on Thursday, said...
Oil Slides After Saudi Price Cuts
Oil prices dropped on Monday after earlier hitting their lowest since July as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months. Optimism about demand recovery also cooled amid the coronavirus pandemic.
Brent crude...
Crude Oil: Saudi Arabia Dips Into Stockpiles
Saudi Arabia, the world’s largest crude exporter, further dipped into crude stockpiles in January as exports declined for the first time in four months, data released on Wednesday by the Joint Organisations Data Initiative showed.
Exports dropped to 7.29...
