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Business & Economy

Jumia sees rivalry from start-ups keen to tap Africa online sales

Jumia Technologies is facing fresh competition from start-ups in the African e-commerce and logistics market after the Covid-19 pandemic increased demand for online deliveries. The US-listed...

Court stops Shoprite from selling Nigerian operations

A Federal High Court sitting in Lagos, Nigeria has dashed the hopes of Shoprite Checkers (PTY) Limited, owners of the popular Shoprite brand, to...

Akwa Ibom faults bureau of statistics unemployment report

The Akwa Ibom State Government on Saturday picked holes in the report by the National Bureau of Statistics (NBS) which listed it as the...

2000 jobs on the line as Shoprite exits Nigerian market

Fifteen years after opening its first retail supermarket in Nigeria, South African retail giant, Shoprite has announced its intention to exit the Nigerian market,...

N41 billion NITEL Fraud: Allegations against our chairman untrue, UBA Mgt.

United Bank for Africa (UBA) has advised the public to disregard the allegations of financial malfeasance of N41b levelled against its chairman, Tony Elumelu....

AfDB Probe: Adesina receives a verdict of “not guilty” as independent review panel clears him for re-election

The embattled president of African Development Bank (AfDB) has received a verdict of “not guilty” over allegations of impropriety and personal enrichment levelled against...

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