Can Jumia sustain affordability drive without compromising quality?

One of the most notable features of online shops, since online retail debuted in Nigeria, is its cheap prices of goods. Compared with the offline market prices, these online shops, despite free shipping services and high cost of logistics, still manage to maintain clear edge in terms of price while still offering quality goods. One of the online shops that has maintained this tradition since inception is Nigeria’s pioneer online retailer, Jumia.com.ng.
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REDAN ready for Buhari’s 1m houses

Real Estate Developers Association of Nigeria (REDAN) has affirmed its readiness to join hands with the President-Elect, General Muhammadu Buhari, in actualising his promise of one million housing development yearly. REDAN’s newly elected President, Rev Ugochukwu Chime, who gave the assurance in Abuja. According to him, “REDAN has set up a committee to come up with a road map on housing development as a position paper to be presented to the new administration for implementation.

AACN set to host investors’ conference in London

The Association of Assets Custodians of Nigeria, AACN, has said that it is set to hold its fourth annual investor conference in London. The conference which is billed to hold on 7th of May has the theme, Nigeria: Navigating changes, extracting opportunities. Speaking to journalists in Lagos, AACN President, Mrs. Kemi Adewole, said that the purpose of the event is to provide expert insight on Nigeria’s current market trends, and an opportunity for significant interaction among the various Nigeria capital market operators and investors.

N256.2bn debt threatens fuel importation

Lagos—There are indications that the nation may be heading for another fuel scarcity few weeks to the May 29, handover to the incoming Muhammadu Buhari administration, as the Major Marketers Association of Nigeria, MOMAN, has threatened to stop importation due to government’s inability to pay N256.2 billion debt.

Ibe signs new Liverpool deal till 2020

Nigerian youngster Jordan Ibe has committed his future to Liverpool as he inked a long-term deal that will see him remaining at Anfield till 2020.

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