Business

Okonjo Iweala Emerges First African And Female Director General Of The World Trade Organization

Nigeria’s former Finance Minister, Dr. Ngozi Okonjo-Iweala has emerged the new Director General of the World Trade Organisation. According to Arise News, she emerged victorious in the contest over her South Korean rival, Ms Yoo Myung-hee, by a wide margin. Okonjo-Iweala’s victory is expected to be announced formally by the WTO later today.

Business

Bristow Helicopters Sacks 100 Pilots

The management of Bristow Helicopters Limited has terminated the appointment of 100 pilots. This comes barely 24 hours after Nigerian airline, Air Peace, sacked over 70 pilots citing COVID-19 crisis. The aviation company in a statement on Tuesday said those sacked comprised both Nigerian nationals and expatriates working with the company. According to the airline, […]

Business

Shoprite Debunks Exit Rumour

Shoprite Nigeria has debunked the story making the rounds that it intends to close shop in Nigeria. The Country Director for Chastex Consult, Ini Archibong, in a telephone conversation with Vanguard, said: “Shoprite is not leaving Nigeria. “We have only just opened to Nigerian investors which we have also been talking to just before now. […]