Jumia To Pay $5 Million To Get Out Of Class Action Lawsuits
Top African e-tailer, Jumia recently shared its, Q2, second-quarter 2020 results disclosing that it will pay $5 million in settlement…
President Trump Gives Support To Nigeria, Delivers 200 Ventilators
The Federal Government of Nigeria has promptly gotten support and received 200 ventilators from the United States President Donald Trump.…
Konga Rejected $300 Million Investment To Maintain Genuineness
E-commerce group, Konga who has a reputation in the tech said it rejected $300 million offered to it by a…
MasterCard Limit Causing Chaos For GTB As Card Users Object
Customers of Guarantee Trust Bank, GTB Plc were notified this Wednesday of the new limit on its debit MasterCard. The…
CAMA 2020 – LLPs, Foreign Companies in Nigeria and Clauses To Know
The Companies and Allied Matters Act, 2020 (CAMA 2020), which was assented by President Muhammadu Buhari on August 7 repeals…
Business: The Need For Crypto Debit Card Is Growing
Over a decade after the creation of private key controlled currency or digital currency, a number of fiat-backed digital currencies…
Is CBN Unifying Exchange Rates Across Markets in Nigeria?
For the second time in the last months, the CBN appears to have further adjusted the official rates of naira/dollar.…
Konga Shows Interest In Foreign IPOs, Talks About Going Public
A top e-commerce company in Africa, Konga could be going public on international stocks in a short while. The company…
NNPC Settles Oil Mining Lease Dispute With Cnooc And SAPetro
In a preliminary settlement agreement, the NNPC has agreed to address the production-sharing contract of Oil Mining Lease 130 dispute.…
Weak Revenue Report From Oil And Gas Companies In Nigeria
Four major oil and gas companies in Nigeria including Seplat, Total, Ardova and 11 Plc (Mobil) have made their half-year…