Jumia Loses 18% Shares Seven Hours after Huge Fraud Allegations

Jumia Loses 18% Shares Seven Hours after Huge Fraud Allegations

Shares of Jumia Technologies listed on the New York Stock Exchange (NYSE) declined considerably on Friday after a report by Citron Research. In the short report released on its website, Citron Research, a US-based online investment newsletter headed by Andrew Left,...
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Why Jumia listed on New York Stock Exchange — Officials

Why Jumia listed on New York Stock Exchange — Officials

Some officials of Jumia, Africa’s leading online shopping company, on Thursday said that the organisation listed on the New York Stock Exchange to raise funds and drive innovation into Africa. Addressing journalists in Lagos on the company’s recent milesto...
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2018: Bookings for four/five star hotels rise by 50%, says Jumia Hotel

2018: Bookings for four/five star hotels rise by 50%, says Jumia Hotel

Jumia’s hotel & flight marketplace bookings for four and five-star hotels tremendously increased during the just-concluded Black Friday which ran between Nov. 2 and Nov. 30, 2018. The Managing Director of Jumia Hotel & Flight Marketplace, Mrs Omolara...
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2018: Jumia Nigeria Records Growth on Food, Travel Portfolios

2018: Jumia Nigeria Records Growth on Food, Travel Portfolios

Jumia Nigeria on Wednesday said it achieved Return on Investment (RoI) for 2018 business calendar year and the online marketplace said it is ready to double its investment going into year 2019. It attributed the growth on its Jumia Food...
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Jumia kicks off 6th Black Friday to promote Nigerian SMEs

Jumia kicks off 6th Black Friday to promote Nigerian SMEs

An online shopping mall, Jumia Nigeria, on Thursday kicked off its 6th Black Friday campaign in Lagos to grow the small and medium businesses across the country. Its Chief Executive Officer, Mrs Juliet Anammah, said at a news conference to flag...
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Opera News App Streams World Cup Matches Live

Opera News App Streams World Cup Matches Live

Offers Freebie for Football Fans Opera News has been updated with loads of new features that let users experience live coverage of FIFA World Cup matches in Russia. Football fans among Opera News users will now be able to choose...
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Jumia says, Affordability Aids Use of Smartphones in Nigeria

Jumia says, Affordability Aids Use of Smartphones in Nigeria

Online shopping mall, Jumia Nigeria, on Thursday said that Nigeria was fast becoming a mobile-first country with 162 million subscribers and penetration rate of 84 per cent. The Chief Executive Officer of Jumia Nigeria, Mrs Juliet Anammah, made the assessment....
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Jumia, Coscharis Give New Car to Black Friday Lottery Winner

Jumia, Coscharis Give New Car to Black Friday Lottery Winner

E-commerce leader and pioneer, Jumia, has presented a brand new Ford Figo valued at N5million to 22-year old Nnajiaku Clinton, winner of the 2017 Black Friday Car lottery organised by the firm in partnership with Coscharis Motors. Speaking during the...
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Jumia Declares 31-Days ‘Black Friday Festival’ in Nigeria

Jumia Declares 31-Days ‘Black Friday Festival’ in Nigeria

Jumia Nigeria, an e-commerce firm, said it would deepen online shopping in Nigeria with its up to 80 per cent discount Black Friday Festival. Black Friday is a shopping season, where shops offer promotional or discounted sales. Mrs Juliet Anammah,...
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Five Easy Ways to Spot A Fake Smartphone

Five Easy Ways to Spot A Fake Smartphone

A major problem that many top phone manufacturers are encountering is the cloning of their brands. This trend continues despite the painstaking efforts to make cloning difficult. Despite this, the counterfeiters are having a field day faking these brands and.....
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