OML 118 Dispute Resolution: Kyari’s Legendary Leadership & Nigeria’s Next Billion Barrel, by Momodu Abutur       Mother Nature has a way of depositing its vast treasures wherever it pleases. In the wonderful world of hydrocarbons, these resources are either placed onshore (on land) or offshore (in...

Trump Rejects Nigeria's Ngozi Okonjo-Iweala For WTO ...Wants Reopening Of The Leadership Contest         The US has suggested that the process to find a new Director-General of the World Trade Organization (WTO) needs to be reopened, in what would be an unprecedented move. Donald Trump's trade chief Robert...

WTO DG: Coast Clear For Okonjo-Iweala As South Korea Withdraws Candidate — Report           South Korea has decided to withdraw its candidate from the World Trade Organisation, WTO, director-general race, according to Washington Trade Daily. Yoo Myung-hee is South Korea’s Trade Minister and its candidate for the...

IMF Says 83 countries benefit from $165bn loans in 2020 The International Monetary Fund (IMF), says it loaned 83 countries the sum of $165 billion dollars, including $16.1 billion dollars in concessional financing to 49 low-income countries in FY2020. The Fund said this in its...

World Bank, IMF Plan debt reduction for IDA countries The World Bank and International Monetary Fund (IMF), have proposed to undertake a joint action plan on debt reduction for the most indebted International Development Association (IDA) countries. Mr David Malpass, the President, the World Bank Group,...

The Federal Government of Nigeria will present the required economic reform proposals to allow the country access loan from the World Bank this month, officials and diplomats have said. The government said it would need $5billion external borrowing to support the implementation of the budget...