Tariff Hike Fears Spark Q1 Import Surge — WTO
The World Trade Organisation in its latest report revealed that Global goods trade picked up pace in the first quarter of 2025 as importers rushed to stockpile goods ahead of expected tariff increases.
The WTO’s Goods Trade...
Who Still Needs the WTO?
By Dr. Enobong Udoh
Far back in the 18th century, Adam Smith revolutionized economic thinking by arguing that national wealth stems from international trade, a direct challenge to the mercantilist view (which was mainstream) that export is good while import is...
The Federal Government has disclosed that it is consulting with the United States and the World Trade Organisation (WTO) to evolve a mutually beneficial solutions to the 14 percent tariff imposed on Nigerian export by U.S.
WTO Assures Steady Global Growth in 2025
The World Trade Organisation has revealed that global goods trade remained stable in the final quarter of 2024 and showed signs of continued growth in early 2025.
According to the latest World Trade Organisation Goods Trade Barometer, the indicator,...
Nigeria, Others to Generate $126bn Revenue from AI - WTO
The Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala has revealed that a report by the organisation has shown that Artificial Intelligence can generate $26 billion in revenue and improve productivity for...
Second Term: Ngozi Okonjo-Iweala Reappointed as WTO DG
The World Trade Organisation (WTO) has re-appointed Dr. Ngozi Okonjo-Iweala to serve her second term as the Director-General of the global trade institution.
The WTO had earlier confirmed that Okonjo-Iweala was the sole candidate for the position.
A statement...
