Jumia Releases Financial Results For Q1 2023

Pan-African e-commerce platform, Jumia Technologies has released its Q1 2023 earnings report, providing insights into its financial performance and growth trajectory. Jumia’s first quarter 2023...

Lagos Now Has Adidas’ Largest Flagship Location

Adidas, a sportswear company, has opened its largest and first-ever store in West Africa in Lagos State, Nigeria. Adidas revealed that this is the fourth...

Season Of Rewards: Konga, Verve Excite Customers With Free Shopping Vouchers

Konga, Nigeria’s leading composite e-commerce platform has partnered with Verve International to reward customers with free shopping vouchers. Tagged Season of Rewards, the campaign,...

Amazon Opens Office In Nigeria

Amazon Web Services, Inc. (AWS) has announced the opening of its first location in Lagos, Nigeria. Amrote Abdella, the firm's regional manager for Sub-Saharan...

Small Shops, Open Markets Account For 97% Of Retail Sales in Nigeria – BCG Report

More than 600,000 small shops and open-air markets dominate the retail landscape in Nigeria, accounting for 97%+ of national sales of food, beverages, and...

Quickteller Paypoint Rewards Active Agents, Drives Financial Inclusion

The subject of financial inclusion remains a hot topic among regulators and stakeholders in the financial industry due to its growing importance. It has been...

Shoprite To Reopen Lekki Store Months After Vandalism

Retail Supermarket Nigeria Limited (RSNL), the owners of Shoprite in Nigeria, have announced their plans to reopen the Circle Mall Store located in Jakande,...

Omnibiz Unveils Buy Now Pay Later, MyStore

Omnibiz Africa, a B2B e-commerce company, has unveiled two features for ease the business operations of retailers in the country. At an event held in...

Nigeria Firm, Ketron, Acquires Shoprite

A Nigerian firm, Ketron Investment Limited, has completed the 100 percent acquisition of Retail Supermarkets Nigeria Limited (RSNL), owner and operator of the Shoprite...

Looking To Start An Online Food Business? Here Are Top Ideas

Food businesses have proven to be lucrative as food is essential for survival and it is easy to start especially when it is...

Shoprite’s Exit, A Recurring Trend For Retail Businesses In Nigeria

The exit of a foreign company like Shoprite from Nigeria is no longer news. This has become the norm despite Nigeria’s massive youthful population...

Shoprite Awaits Regulatory Approval On Sale Of Nigerian Stores

Shoprite Holdings Limited, the parent company of Shoprite stores in Nigeria, says it has concluded plans to sell its Nigerian unit but is expecting...

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