OPEC’s Barkindo welcomes reforms taking place at NNPC
Reforms currently taking place at the Nigerian National Petroleum Corporation (NNPC), the country’s state-owned oil company, have been welcomed by no less a person than Mohammed Barkindo, the secretary general of the Organisation of Petroleum Exporting Countries (OPEC). The reforms are targeted at changing the fortunes of the corporation for the better, NNPC top executives, […]
United Nations urges end to austerity, calls for ambition to rebalance global economy
The global economy appears stuck on its way to recovery, according to a United Nations Conference on Trade and Development (UNCTAD) report released Thursday, which urges an end to global austerity. Launching the report, Mukhisa Kituyi,UNCTAD Secretary-General said, “A combination of too much debt and too little demand at the global level has hampered […]