Nigerian Receives Backing to make Okonjo Iweala next World Bank president

 
South Africa, Angola and Nigeria will nominate Nigeria's Finance Minister Ngozi Okonjo-Iweala to be the next president of the World Bank, a South African official familiar with the discussions said Thursday.

The countries will submit Ms. Okonjo-Iweala's nomination by Friday's deadline, said the official, who declined to be named because they weren't authorized to discuss the negotiations.

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