Ethiopia: NIB Set to Launch Mobile Banking Service
Nib International Bank (NIB) has received a license from the National Bank of Ethiopia (NBE) on June 16, 2015, to launch mobile banking service in the next few weeks, Addis Fortune reported.
Ethiopia: Nib Signed Deal with KPMG
Nib Bank S.C., one of the private banks in Ethiopia, has signed an agreement with KPMG East Africa Limited for the designing and formulation of management strategy of the bank. The agreement is said to be worth between 20 to 25 million Birr.
Ethiopia: NICE's CEO Retired After Nine Years Service
Habtemariam Shumgizaw, Chief Executive Officer of National Insurance Company of Ethiopia (NICE), has stepped down from his authority to retirement. His retirement is going to be effective from Saturday, November 1, 2014.
Ethiopia: NICE’s CEO Resigned
National Insurance Company of Ethiopia S.C. (NICE), one of the insurance firms in Ethiopia, lost its CEO, Tedros Bogale. His resignation, according to Fortune, is going to be effective from January 7, 2017.
Ethiopia: Nigma Motors started Assembling Automobiles in its Gulele Plant
Nigma Motors and Spare Parts Plc, a sister company of Nigma Agro Industry has begun assembling automobiles with 57 million Birr capital, Addis Fortune reported.
