'How eCommerce sub-sector can grow, impact Nigeria's economy'
For Nigeria's electronic commerce (eCommerce) sub-sector to grow, become profitable, and subsequently impact the economy, more education is required.
Two Jumia workers docked for allegedly stealing N3.8m
Two workers of Jumia Nigeria alleged to have stolen N3.8 million from the company were on Tuesday docked before an Ikeja Chief Magistrates’ Court. Olatunde Temitope, 23, and Lawal Akinkunmi, 23, are being tried for conspiracy and stealing. The prosecutor, Inspector. Victor Eruade, told the court that the offences were committed between March and July…
QuickCheck partners Jumia, PayAttitude for financial inclusion
QuickCheck, a micro-lending mobile platform that provides collateral-free loans, has announced its new partnerships with Jumia and PayAttitude, to provide credit access as a catalyst for economic growth and development. According to the Chief Executive Officer (CEO), Fabiano Di Tomaso, increased e-commerce transactions and smartphone penetration are indicative of a population segment seeking a higher…
EFCC arrests fake Jumia agent in Benin
The Economic and Financial Crimes Commission (EFCC) has arrested Edoboryi Osaruese Leerees, 23 year-old, a fake Jumia agent in Benin City, Edo State. Leerees was arrested following a petition by a lady who claimed to have paid him over One million naira ( N1,000,000) for the supply of good which she and her friends ordered…
‘Internet disruptions, power outages limit digital opportunities’
Two hydra-headed challenges of erratic power supply and constant Internet disruptions have been identified as major limitations stifling the economy, especially digital opportunities.
Jumia confirms existence of lawsuits filed against it
Jumia in its second quarter (Q2) report has confirmed that there has been some lawsuits filed against the firm and some of its officers but said the cases remained in its preliminary stages.
Jumia sacks three over “improper sales practices”
E-commerce giant faces legal threats Jumia Technologies AG, Africa's biggest e-commerce operator, has sacked three top management staff after discovering inflated sales figures in its Nigerian business, a source at the company said. Although Jumia claimed that the staff were suspended pending the review of the "improper sales practices," the source insisted they were not…
Jumia celebrates 7th anniversary with education-focused CSR project
As part of activities earmarked to celebrate its 7th anniversary in Nigeria, leading online shopping destination, Jumia recently donated to Agidingbi Junior Grammar School, Ikeja hundreds of reading and writing materials approved by the Lagos State Universal Basic Education Board (SUBEB) for junior secondary school curriculums.
Jumia partners So Fresh to promote consumption of healthy foods
Jumia Foods has partnered So Fresh to enable it deliver fresh and healthy foods to Nigerians on ordering food on its on-line sales platform. The partnership aims to deliver freshly made foods from So Fresh products to Lagos residents through Jumia delivery services. Speaking at a press conference held at Ogudu, Lagos, Managing Director of…
Jumia records 102% revenue in Q1, gets €50 million investment from Mastercard
For the first quarter ending March 31, 2019, electronic commerce platform, Jumia has a recorded a Gross Merchandise Volume...