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Jumia's share price sank more than 50% in one week after the report was published. [74] Citigroup, one of Jumia’s IPO underwriters, released a report debunking most of Citron’s allegations but noted that, “Jumia could do more to provide disclosure on some aspects of its operations, as a matter of transparency and best practice.” [75] [76]
Konga.com is a Nigerian e-commerce company founded in July 2012 with headquarters in Gbagada, Lagos State.It offers a third-party online marketplace, as well as first-party direct retail spanning various categories including consumer electronics, fashion, home appliances, books, children's items, computers & accessories, phones and tablets, health care, and personal care products.
Nigeria Liquefied Natural Gas: Oil and gas 6,315 ... 3 MTN Nigeria: Telecommunications 3,514 536 4 Dangote Cement: Cement 2,699 721 5 Nigerian Petroleum Development: Oil and gas 2,686 219 6 Flour Mills of Nigeria: Agroindustry 2,014 67 7 Airtel Nigeria: Telecommunications 1,503 343 8 Nigerian Breweries: Agroindustry 890 19 9 Jumia: Retail 837 ...
In July 2021, M-Kopa announced its expansion to Nigeria. [20] In 2024, the company had extended over $1.5 billion in credit to more than 5 million customers and stated that it employs over 3,000 staff members and 30,000 sales agents across its African markets.
The suspect in the New Orleans attack that killed 14 people on New Year's Day is believed to have acted alone in a "premeditated and evil act," the FBI has said. The latest information is counter ...
Kaymu initially launched in Nigeria and Pakistan in January 2013 and within 27 months opened operations in 32 other countries. [3] Kaymu copies eBay's model; it does not offer first-party product sales, and it has separate retail websites for each of the countries it operates in. Kaymu's closest competitor is Naspers-owned OLX who have operations in over 100 countries and run a C2C model.
Since 2019, Jiji has been operating in five African countries: Nigeria, Kenya, Ghana, Uganda, and Tanzania after buying OLX Africa. [citation needed] In 2020, the company launched website and app in Ethiopia. In June 2021, Jiji has acquired an automotive company Cars45 in Nigeria, Kenya, and Ghana. [13] [14]
MTN has a 49 percent stake in government-controlled MTN Irancell, the second-largest mobile phone operator in Iran, and 21 percent of MTN's subscriber base is from the country. In January 2012, the US-based advocacy group United Against Nuclear Iran (UANI) launched a campaign publicly calling for MTN to scale back its operations in Iran and end ...