E-business

eTranzact International Plc, Nigeria’s leading electronic and mobile payment processing company, grew its revenue by 59 per cent in 2018. This is despite the harsh business environment and plummeting consumer spending. The financial statement presented to the shareholders at its 15th Annual General Meeting (AGM) held in Lagos shows that …

The American Basketball star and Tech Investor Andre Iguodala has lauded Jumia activities in the Nigeria e-commerce space and has disclosed its intention to support Nigerian Tech Startups. Speaking at a press conference in Lagos, as part of his visit to Nigeria and as a member of the Board of …

By Josephine Wawira The rise and growth of e-commerce in the world and primarily in Africa has created a lot of business opportunities, not only in urban but also in rural areas. The good news is that there is undoubtedly increased connectivity, reaching even the previously inaccessible remote villages across …

The foremost e-commerce company, Jumia has announced its possible partnership with Nigerian Postal Service (NIPOST) to effectively improve and expand its services nationwide. The Jumia Nigeria Chief Executive Officer, Juliet Anammah who made this disclosure while speaking with press men in Lagos said the potential partnership will most importantly help …

An esteemed Payment Solution Service Provider, VAS2Nets has partnered with other fintech organisations to launch a formidable payment platform, Paymenta for Nigerians in diaspora to remit money home with ease in Naira by direct transfer into bank accounts. The product which was launched on Rhetorical in Lagos is a collaboration …

Africa’s premier electronic payment solutions provider, eTranzact International Plc has recorded over 400 million transactions at the end of 2018. The Managing Director, eTranzact International Plc, Niyi Toluwalope at a media interactive session in Lagos said, in spite of regulatory headwinds and turbulent operating environment, the volume of the company’s …

……..Nigerians react   Nigerians has taken to their social media pages to express their dissatisfaction on the proposed 5% Value Added Tax (VAT) set to be introduced by Federal Inland Revenue Service (FIRS) on every online transactions in 2020. This was as a result of the announcement made by FIRS …

Fast Moving Consumer Group (FMCG) Disruption has transformed from being a business cliché to a fearful reality, especially if businesses intend to be relevant in the coming years. Disruptions have changed the banking sector, the telecom sector and recently, the e-commerce sector. A little over 20 years ago, Nigerians spent …

To commemorate this year’s Pan-African Women’s Day and in line with the global theme which addresses maternal and neonatal mortality in Africa, the female staff of Jumia Nigeria have rallied support for new mothers and other patients who couldn’t meet the discharge requirement as a result of unpaid medical bills …

Leading ecommerce platform, Jumia Nigeria brought its anniversary celebration to a finale by donating home care products and reading materials to Nigerian Red Cross Orphanage Home the located at Makoko, Yaba. The company also donated over 300 protective wear and safety items to the Lagos State Traffic Management Agency (LASTMA). In …