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Jumia Nigeria Shuts Site To Mourn Victims Of Protests In Nigeria

Jumia Nigeria Shuts Site To Mourn Victims Of Protests In Nigeria

One of Africa’s e-commerce platforms, Jumia in the early house of Thursday October 22nd 2020, shut down its website to customers and sellers to mourn victims of protests against police brutality in Nigeria.

In a statement displayed on the site after the shutdown, the company appealed to its stakeholders to join in the show of solidarity to mourn the victims.

The company also wish that Nigeria emerge from this as a stronger nation bound in peace and unity.

The statement reads: ‘With sadness and heavy hearts, it is our

Jumia partners Reckitt Benkiser, Nokia, others in new campaign

Jumia Partners Reckitt Benkiser, Nokia, Others In New Campaign

Nigeria’s online marketplace, Jumia has launched a Brand Festival campaign in partnership with top global brands such as Reckitt Benkiser, Unilever, Nokia, Intel, HP, Nexus, Hisense, Sharp, Samsung, Binatone, XIAOMI, ABSOLUT, Dettol, and Logitech.

The campaign which is scheduled to run from September 21st to 27th, will provide consumers access to top quality products directly from the manufacturers, eliminating all third parties, thereby reducing the cost of the products, which will enable consumers to save money.

Jumia Nigeria CEO, Massimiliano Spalazzi, said: “The aim of the campaign is to enable our consumers …

Jumia Nigeria Shuts Site To Mourn Victims Of Protests In Nigeria

Jumia Records €2.5m Profit As Consumers Hit 6.4m

Jumia has recorded €2.5 million profit as consumers reach a record high of 6.4 million.

The report released by the company stated that the €2.5m gross profit was reached after the fulfillment of all expenses including taxes, levies and others, while its monetisation development increased its gross profit to €18.4m, a year-over-year increase of 21 per cent.

The Q1 report also emphasised that its operating loss decreased by 4 per cent year-over-year within the period, adding that the Gross Merchandise Volume (GMV) was €190m, a year-over-year decrease of 11 per cent compared to GMV adjusted for perimeter changes as well …

Jumia Urges FG To Use Technology For Productive Economy

Jumia Urges FG To Use Technology For Productive Economy

The Chief Executive Officer of Jumia Nigeria, Juliet Anammah has identified access to quality education as the key to managing huge population for a productive economy. She, therefore, called on the federal government to leverage technology to manage its huge population for a productive economy.

According to her, there is a need for policies that support micro industries in order to tackle unemployment. “Providing unemployed youths with internet-enabled smartphones is one of the infrastructure that could take millions out of unemployment,” she said.

Anammah made this disclosure while speaking as a panel member at the 25th Nigerian Economic Summit in …