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The federal government has outlined plans to pull the country out of recession and get it on a path of sustainable growth in the shortest possible time. According to the federal government, the medium term plan is expected to drive Nigeria to a minimum GDP growth rate of 7 per ...

The House of Representatives has summoned the governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Minister of State for Petroleum Resources Ibe Kachikwu, and the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baro over irregularities discovered in the foreign exchange  to oil marketers. Baro alongside ...

Le montage automobile SKD n’est pas viable, si l’on n’arrive pas progressivement à un taux d’intégration nationale de 40%, car en dessous de ce taux, il est plus rentable d’importer des véhicules que de les monter en Algérie», a avancé hier Adel Bensaci, président du cluster mécanique de précision, au ...

Netanyahu stresses settlements not obstacle to peace • Leaders also address Iran, trade issues

Bank of Israel to invest more of foreign reserves in equities; Keror turns down right to buy Clal shares in Jafora-Tabori; Tel Aviv shares eke out gains as dollar and euro weaken.

Source: UN Children's Fund, Save the Children Country: UkraineAfter nearly three years of conflict, more than 740 schools have been damaged or destroyed, resulting in children missing months of schooling due to displacement and the effects of conflict. Kyiv/Geneva, 6 February 2017 – Thousands of children have been forced out of school ...

The recently appointed State Minister of Trade, Assed Ziad, promised Access Real Estate home buyers that he would solve their problems as soon as possible. Home buyers are asking the Addis Ababa City Administration to include Access’ plots under the city land bank.  Sources told Capital that a couple of ...

United Insurance Share Company stated that it has introduced a new insurance product called Political Violence Insurance. The Insurance Company told Capital that it got the green light from the National Bank of Ethiopia at the end of last month to provide the new insurance product. The insurance will cover ...

The window of opportunity for local investors to go into the agro-processing sector is now, said State Minister of Industry Mebrahtu Meles (Phd). Speaking at a discussion session mainly organized by Ethiopian Airlines and the Ministry of industry where stakeholders held talks on the importance of import substitution production, the ...

African Union leaders on Monday elected Chad’s candidate to chair the 54-nation body, headquartered in the Ethiopian capital. In the election held at the AU summit, Chadian Foreign Minister Moussa Faki Mahamat secured 39 votes in the final round beating Kenya’s top diplomat Amina Mohamed to secure the post as ...