Exportiamo.it

Grain exporters are unhappy with the government’s decision to only allow a single company to export maize to east and southern African nations. Because of the drought, last fiscal year, exporters were banned from exporting grain. Then, a recent order came from the Prime Minister’s office giving permission to Belayneh ...

The Ethiopian Shipping and Logistics Services Enterprise (ESLSE) almost attained its target goals in the first three quarters of the budget year but reduced imports have affected its business. In the first nine months ESLSE earned over 10 billion birr. The sole multimodal operator in the country handled 98 percent ...

Although Saudi Arabia is now 30 days into a 90-day grace period allowing amnesty for Ethiopians in the country illegally to leave without charges, not many have been repatriated. The Ministry of Foreign Affairs estimates that 400 Ethiopians have returned per day since last Monday, with around 200,000 remaining in ...

Ifeanyi Onuba, Abuja the Central Bank of Nigeria on Tuesday wielded the big stick on 16 Deposit Money Banks as it stopped them from participating in the Small and Medium-scale Enterprises window of the foreign exchange market. The apex bank said this in a statement issued by its Acting Director, ...

John Ameh, Abuja Members of the House of Representatives on Tuesday assured Nigerian workers of their support for a “living wage” to be paid to them by employers in all sectors of the economy. They also backed a raise in the National Minimum Wage to increase the purchasing power of ...

The Central Bank of Nigeria (CBN) yesterday sanctioned 12 banks for manipulating its foreign exchange forex policies. It barred the banks from accessing forex from the newly instituted SMEs Forex Window. The affected banks refused to sell forex to genuine SMEs that met disbursement requirements. Confirming the development, CBN Spokesman, ...

Osun State Governor Rauf Aregbesola yesterday signed an executive order setting up a coroner’s inquest into the death of Senator Isiaka Adeleke under the Coroner Law, Cap. 32, Vol. I, Law of Osun, 2002. The governor also appointed Mr Olusegun Ayodele, a Magistrate, as the head of the inquest. He ...

The Federal Government has announced a tripartite partnership involving the Federal Ministry of Information and Culture, UN World Tourism Organisation (UNWTO), and global news leader, CNN to promote tourism in Nigeria. The Minister of Information and Culture, Alhaji Lai Mohammed, announced the plan at the Annual General Meeting of the ...

The House of Representatives yesterday declared its support for the immediate review of the National Minimum Wage to reflect current realities of the country’s economy. This is as it commended the organised labor, and representatives of workers who have continued to put in their best in order for Nigeria to ...

Trump Says Actively Considering Breaking Up Big Banks US President Donald Trump said he was actively considering breaking up big banks, Bloomberg Television reported on Monday. Trump’s comments could give a push to efforts to revive the Depression-era Glass-Steagall law that separated commercial lending from investment banking. Reviving such a ...