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Jumia Reports 64.5% Growth In Africa’s Gross Merchandise Volume

Jumia, the leading online eCommerce ecosystem in Africa, has reported a growth by 64.5 percent in its Gross Merchandise Volume (GMV) to 197,9 Million Euros (MEUR), representing  (+113% in constant currency) in the fourth quarter of 2017. According to a press release issued by the company yesterday on its trade performance in the continent, the […]

Banking Latest News

Bank customers drop to 59m in 2017, as BVN accounts grow

The number of bank customers in the country dropped significantly in 2017 when compared with the depositors’ number in 2016, indicating that more Nigerians are not really positioned to save. Official data on the depositors sourced from the Nigeria Inter-Bank Settlement System’s, NIBSS’, website showed that the total number of bank customers dropped from 61 […]