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E-commerce is supported by electronic business. [3] The existence value of e-commerce is to allow consumers to shop online and pay online through the Internet, saving the time and space of customers and enterprises, greatly improving transaction efficiency, especially for busy office workers, and also saving a lot of valuable time. [4]
The Federal Ministry of Industry, Trade and Investment (FMITI) is a branch of the federal government of Nigeria responsible for creating wealth and employment, reducing poverty, and stimulating and diversifying the economy. [1]
In April 2017, Jiji received Nigeria Internet Registration Association Awards as the most innovative online service of the year in Nigeria. [ 10 ] [ 11 ] In May 2017, Jiji emerged as the finalist of The West Africa Mobile Awards (WAMAS), having entered the top 5 representatives in Commerce & Retail Category [ 12 ]
Dubai Chambers is a non-profit organisation that serves the needs of the business community in Dubai.Dubai Chambers’ key responsibilities include delivering value-added services to the business community, driving effective advocacy to enhance Dubai’s business environment, strengthening international trade, assisting local companies to expand into new global markets, and attracting foreign ...
In 2019, Jumia opened up its e-commerce platform to brands and corporate organisations to advertise because its platform is one of the most visited in Nigeria and Africa. [ 66 ] [ 67 ] Jumia Advertising ranked third (and first in Africa) in Digital Ad Revenue Growth in 2022 in the world's top 10 fast-growing digital advertising players, by e ...
TECOM Group PJSC is a public company headquartered in Dubai, the United Arab Emirates, and traded on the Dubai Financial Market (DFM) under the symbol TECOM. Before the IPO, TECOM Group was a member-owned by Dubai Holding, a UAE state-owned enterprise.
The emergence of Dubai's lively real estate market was briefly checked by the global financial crisis of 2007–8, when Dubai was bailed out by Abu Dhabi. [31] The recovery from the overheated market led to tighter regulation and oversight and a more realistic market for real estate throughout the UAE with many 'on hold' projects restarting.
As of November 2018, 21 commercial banks were licensed by the Central Bank of Nigeria (CBN). Nigeria has a relatively well-developed banking sector by regional standards, with regionally high level of banking penetration (44.2% vs. regional average of 17.8% for West Africa) and robust use of advanced financial instruments in the local economy.