Jumia: The e-commerce start-up that shamed Africa
A year after its much heralded debut on the New York Stock Exchange, e-commerce start-up Jumia has shut down in three African states, struggled to turn a profit and got…
Post-Covid-19: Access Bank, UBA, others to sack workers, mull pay cut
Some Nigerian banks have finalized arrangements to sack their workers in what an insider described as a wave of sack beginning from this month when workers are expected to resume…
Covid-19: NECA demands govt intervention to stem mass sack
The Nigeria Employers’ Consultative Association (NECA) has called for assistance and support from the three tiers of government toward the growth and survival of businesses, especially the informal sector in…
Konga makes history, launches first ever live online auction in Africa
Foremost composite e-commerce giant, Konga has recorded another first in Africa’s e-commerce market, with the launch of a live online product auction which debuts this Friday, May 1, 2020 by…
Akwa Ibom Govt names Prof. Ekpo, Ekeh, 18 others in post-COVID-19 economic team
As COVID-19 pandemic has hobbled global economies, the Akwa Ibom State Government is already looking ahead to repositioning its economy for a post COVID-19 world. To this effect, the governor,…
UBA splashes N34.19bn dividend at shareholders; receives commendation
The United Bank for Africa (UBA) Plc shareholders, on Wednesday, commended the bank for declaring a dividend of N34.19 billion for the financial year ended Dec. 31, 2019. The shareholders…
IMF approves $3.4bn for Nigeria’s COVID-19 fight
The board of the International Monetary Fund (IMF) has approved $3.4 billion to support Nigeria’s fight against COVID-19. The emergency financial assistance to Nigeria is the highest so far to…
Konga partners Unilever, offers household products with free delivery nationwide
Foremost composite e-commerce giant, Konga has inked a partnership with top Fast Moving Consumer Goods (FMCG) manufacturer, Unilever which will see the wide range of products on the brand’s stable…
VW re-starts Europe’s largest car factory after COVID-19 lockdown
Volkswagen the world’s largest carmaker by sales, on Monday said it had resumed work at its biggest factory in Wolfsburg, Germany, to give its workers time to adapt to new hygiene…
COVID-19: E-commerce suffers; lockdown frustrates deliveries nationwide
At a time when global players in the e-commerce sector have seen the peculiarities of their operations come to the fore in helping governments and people in other climes observe…