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Ethiopia: Newly Appointed CEO of ESLSE Transferred to Head Corporation

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Category: Latest Business Alerts

The newly appointed CEO of Ethiopian Shipping and Logistics Service Enterprise (ESLLSE), Yacob Yalla, was shifted by Hailemariam Dessalegn, Prime Minster of Ethiopia, to be head of Ethiopian Horticulture Development Corporation.

Last Updated on 06 January 2017
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Ethiopia: Nib Bank Reported 286.3M Birr Profit After Tax for FY 2012/13

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Category: Latest Business Alerts

nibNib International Bank (NIB) reported 286.3 million birr profit after tax for fiscal year 2012/13, Fortune reported. NIB has also reported 147 birr of earning per share for the reported period.

Last Updated on 02 December 2013
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Ethiopia: Nib Insurance Made 80 Million Birr Gross Profit

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Category: Latest Business Alerts

nib insuranceNib insurance Company S.C. had another successful year and made a gross profit of 80 Million Birr in the last fiscal year.

Last Updated on 03 November 2014
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Ethiopia: Nib Insurance Selected 4 Finalists to Design its HQ Building

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Category: Latest Business Alerts

Nib Insurance Corporation (NIC) selected four finalists to design its headquarters building, on Africa Avenue next to Mega Printing House, Capital reported.

Last Updated on 08 January 2014
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Ethiopia: Nib International Bank Reports Birr 2.9 Billion Loss Following FX Market Unification

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Category: Banking and Finance

NIB Logo

Nib International Bank Share Company has reported a pre-tax loss of Birr 2.9 billion for the fiscal year ended 2024/25, marking a significant financial setback largely attributed to foreign exchange revaluation losses.

Last Updated on 28 October 2025
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