Nigeria

Jumia cuts loss to $20.2m

E-commerce platform, Jumia Technologies AG, has reported a reduction of its operating loss by eight per cent year-over-year to $20.2m despite economic challenges. In a statement, Jumia explained the impact …

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NSCDC nabs fake naval rating in Anambra

The Nigeria Security and Civil Defence Corps, Anambra State Command has arrested a suspect impersonating a Nigerian Navy rating and engaging in fraudulent activities in the state. The suspect, Chukwugozirim …

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NGX backs FCMB N111bn capital raise

The Nigerian Exchange Limited has expressed its support for FCMB Group Plc’s plan to raise N110.9bn through a public offering. FCMB Group commenced its public offer of 15.197 billion shares …

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Caretaker excos to run Ogun, Benue PDP

Following the expiration of the tenures of the Peoples Democratic Party executives in Ogun and Benue state, the National Working Committee of the party, on Thursday, appointed caretaker committees to …

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