Posted in General

Nigeria attracts $2bn investment in renewable energy sector – Tinubu

President Bola Tinubu has said that Nigeria attracted over $2 billion investment in the renewable energy sector, making it a fast-growing sector in the economy.

Tinubu stated this on Wednesday during the inauguration of the 2024 African Natural Resou…

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Posted in General

N70,000 minimum wage: How Tinubu convinced labour leaders

President Bola Tinubu on Thursday increased the Federal Government’s offer on the national minimum wage from N62,000 to N70,000, with an assurance that it will be reviewed after three years, instead of five years.

Tinubu said he had to intervene in t…

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Posted in General

Tinubu gives condition for mining licenses

President Bola Tinubu has instructed the Federal Ministry of Solid Minerals Development to only issue mining licenses if they are tied to local value addition.

Tinubu gave the directive on Wednesday during the inauguration of the 2024 African Natural…

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Posted in Sports

Oromia Inaugurates 1.5 Billion Birr Sports Training, Research Institute

A sports training and research institute built by the Oromia regional government at a cost of over 1.5 billion Birr was inaugurated today.

The institute named after the renowned Ethiopian athlete Derartu Tulu aims to bolster sports training and resea…

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Posted in Business Market

Ethiopia, Iran Express Desire to Collaborate in Agriculture Sector

The Minister of Agriculture Girma Amente discussed with the Ambassador of Iran to Ethiopia, Ali Akbar, on the issues that will enable them to exchange experience regarding agricultural investment and new technologies.

The Minister of Agriculture app…

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Posted in Business Market

UNICEF, UNFPA and Ethiopia Sign Over 86 Million USD Grant Agreement

Ethiopia, United Nations International Children’s Emergency Fund (UNICEF) and United Nations Population Fund (UNFPA) have signed 86.18 million USD grant agreement to implement the ongoing country program in the 2017 Ethiopian Fiscal Year.

Out of the …

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Posted in Business Market

Ethiopia Attracts over 3.8 Billion USD Foreign Direct Investment in Concluded Fiscal Year

Ethiopia has attracted 3.82 billion USD foreign direct investment(FDI) during the just concluded Ethiopian Fiscal Year, according to Ethiopian Investment Commission.

Briefing the media today, Ethiopian Investment Commissioner Hanna Arayaselassie said…

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Posted in Business Market

Nation Earns Close to 4 Billion USD from Export

Some 3.8 billion USD was earned from export this Ethiopian Fiscal Year, according to Ministry of Trade and Regional Integration.

Performance evaluation of the 2016 Ethiopian Fiscal Year and the plan of this year of the ministry is underway in Jigjiga…

Read More Nation Earns Close to 4 Billion USD from Export