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Q1 Report: Jumia records increase in gross profit

Q1 Report: Jumia records increase in gross profit

…as cost discipline, monetization drives growth Africa’s ecommerce market leader, Jumia has released its 2021 quarter one report, recording 11% year-on-year gross profit increase, as adjusted EBITDA loss decreased by 24% year-over-year. The report by the company also showed a sixth consecutive quarter of positive Gross Profit After Fulfillment Expense, which reached €6.2 million, more […]

Allow us access our funds, obey court order, firm to EFCC

Allow us access our funds, obey court order, firm to EFCC

Eleme petrochemicals co-operatives investment and credit society limited has allege the refusal of the Economic and Financial Crimes Commission (EFCC) to acknowledge a court order granting it permission to access it’s funds. In a statement, the Corporative stated that the EFCC has continued to infringe on the right of the members of the co-operative by […]

Eminent Nigerians proffer way forward for Nigeria’s COVID-19 response

Eminent Nigerians proffer way forward for Nigeria’s COVID-19 response

Panellists and other eminent Nigerians at the  Lagos premiere of a documentary on the management of the COVID-19 pandemic in Nigeria have called for an effective national health insurance scheme,   strengthened primary health care system, and sustainable public-private partnerships, PPP,  and a holistically restructured health sector, among others

LiveScore Bet launches free-to-play game, ‘Squads’

LiveScore Bet launches free-to-play game, ‘Squads’

LiveScore.com’s sports betting site, LiveScore Bet has launched to the public, a new free-to-play game that rewards customers with cash for goals. The details about the new entrant was revealed in a recent briefing to journalists. According to officials from LiveScore Bet, it’s new offering, called ‘Squads’, will change the way sports betting fans engage […]