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Buhari names Mahmoud Isa-Dutse IsDB board executive director

The statement said he is not only quite familiar with the modus operandi of multilateral institutions such as IsDB but also well respected in those institutions. Shehu said Dr Dutse is taking over from Alhaji Shuaibu Gambo who has held the position for about 10 years, having been appointed on 1st July 2011. He said the new Executive Director is expected to bring to the board new ideas, innovations and contribution and provide Nigeria with the opportunity for a voice to demand and access additional resources from the Bank. The statement also read: “During his tenure as Permanent Secretary, he represented Nigeria on Boards of Governors/Directors of African Export-Import Bank, Organisation of the Petroleum Exporting Countries (OPEC) Fund for International Development, World Bank, African Development Bank, Islamic Development Bank, ECOWAS Bank for Investment, Central bank of Nigeria (CBN), Nigerian National Petroleum Corporation (NNPC), and Asset Management Corporation of Nigeria (A

Iran s smuggled barrels undermine OPEC+ efforts

The surge in smuggled Iranian crude oil barrels heading to China might hinder OPEC+ efforts to balance the global markets. This is not just due to the fact that these are illegal barrels and outside the international financial system, but because they are outside the OPEC+ production ceiling at a time when the bloc is working tirelessly to balance the market and stabilize the

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