Online marketplaces such as Jumia could create 3 million new jobs in Africa by 2025 according to a report by the Boston Consulting Group, in which Jumia (NYSE:JMIA) made some significant contributions to the report, and has already created 5,000 direct jobs on the continent. According to the World Bank, unemployed youths in Africa account…
The Economic and Financial Crimes Commission (EFCC) on Wednesday, May 8, 2019, arraigned a banker, one Ogunleye Bamidele Ayodele before Justice Hussaini Baba Yusuf of Federal Capital Territory, FCT High Court, Maitama Abuja, for allegedly obtaining the sum of N74.760 million under false pretence from one Auwal A Danyaro, Chief Executive Officer, Triple A Multi…
The Economic and Financial Crimes Commission, EFCC, Enugu Zonal Office on Tuesday, May 7, 2019, arraigned a former acting branch manager of Sterling Bank Plc, Oliver Anidiobi, before Justice C.O. Ajah of the state’s High Court, sitting in Enugu, for a N187 million fraud. Anidiobi, who was also the Account Relationship Officer of OHHA Microfinance…
Leading consumer finance company, Zedvance, has restated its commitment to provide support for quality education in Nigeria; urging parents, guardians, teachers and proprietors to take advantage of its Back-to-School offerings. According to the Chief Operating Officer of Zedvance, Jerry Osagie, the company is providing parents, guardians and teachers easy access to loans ranging between N50,000…
Mathematics education which is the bedrock of science and technology can truly make Nigeria the giant of Africa and the black race. This is the view of Abiodun Ayodeji, the Marketing Manager of Promasidor Nigeria Limited, makers of Cowbell Milk brand, the sponsor of Cowbellpedia Secondary Schools Mathematics TV Quiz Show. Ayodeji who was speaking…
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced a gross earnings of N58.7 billion for the first quarter of 2019 as it released its unaudited financial results for the period to the Nigerian Stock Exchange. The financial report, which was released to the Exchange on Friday (26/4/2019), showed the group grew…
In a letter dated November 9, 2016 written by former petroleum minister and All Progressive Congress (APC) chieftain, Don Etiebet, in respect of what is turning out to be a messy N2.4 billion indebtedness by an oil and gas company, Top Oil, to Access Bank plc, appears to offer a new narrative to the dispute.…
The Nigerian economy is growing and eCommerce is playing a key role in this growth. Nigeria’s e-commerce sector is worth more than $13 billion and that market value could rise to $50billion over the next decade. An important player in the eCommerce sector is Jumia which recently listed its shares on the New York Stock Exchange. The…
Makoko Community, a slum in Lagos State received a boost from a non-governmental organization Herbert Onyewumbu Wigwe HOW Foundation. The foundation on Wednesday 1st May, 2019, doled out sundry educational material to the HOPE CENTER SCHOOL and more goodies in the form of medical materials for preventing and combating the malaria via the project tagged,…
This year’s Jumia Mobile Week promises to be bigger with lots of amazing deals! Kicking off 6th of May (today) and ending on the 12th, the Jumia Mobile Week is going to be a bang as there’s a phone for everyone, for every budget, for every style, and for YOU. It is a Game of Phones and…