Business Top Story Trade

Nigeria reaches out to U.S., South Korea to back Okonjo-Iweala

Nigeria is reaching out to the United States and South Korea to persuade them to back its pick to head the World Trade Organization, the trade ministry said on Friday, after the candidate’s last-minute rejection threw the selection process into confusion. The United States on Wednesday voiced its opposition to former Nigerian Finance Minister Ngozi Read More…

Business Top Story Trade

U.S. rejection of Okonjo-Iweala plunges WTO leadership into uncertainty

The World Trade Organization’s bid to select a new leader was plunged into uncertainty on Wednesday after the United States rejected the Nigerian woman proposed as the global watchdog’s next director-general. Three WTO ambassadors, charged with finding a successor to Brazilian Roberto Azevedo, had decided that Nigerian former finance minister Ngozi Okonjo-Iweala should be the Read More…