Juliet Anammah, Jumia’s CEO, Nigeria‘s leading online shopping platform, cut her teeth in corporate management at May & Baker Plc where she worked for eight years. Her experience in strategic management at Accenture equally molded her for the challenging task of ensuring that Jumia succeeds in Nigeria.
An extensive overview of 24 first- and second-tier cities in Cameroon, Kenya, Nigeria and South Africa in a recently published white paper reveals particularly dynamic growth shifting from the region’s mature consumer markets in South African metropolises to the urban areas in other Sub-Saharan countries.
This month, South African financial services firm Old Mutual Investment Group announced a partnership with Nigeria’s sovereign wealth fund for the investment of US$700m in real estate and agriculture.
Walter Taylaur, a gangly, gregarious Nigerian writer-director, needed a place to shoot his movie, Gbomo Gbomo Express, a low-budget “comedy-thriller.” In the movie, the head of a music label hits it off with a socialite while out on the town in Lagos.
I discovered I was black when I moved to Britain 10 years ago. Before that, I was happily Nigerian when it came to my nationality, happily Igbo and Yoruba when it came to my ethnicity, and happily Lagosian when it came to my urban affiliation.
BUA Group, one of Africa’s largest food and infrastructure conglomerates, has sold its flour business to Olam International of Singapore for $275 million.
Even though Nigeria is Africa’s largest economy, Lagos, its commercial capital, still has a disproportionately strong hold over all business sectors.
By year-end 2016, Resilient Africa is set to have invested $271m developing shopping malls in 2nd tier cities across Nigeria.
Nigeria’s four refineries will resume production next month, a spokesman for the state-run oil group said Thursday, raising hope of an end to perennial petrol shortages that have plagued Africa’s largest crude producer.
Nigeria’s Seven Energy International Ltd. may seek to enter partnerships with other companies to expand gas production to meet rising demand from power plants and industries in Africa’s largest economy.
Muhammadu Buhari’s election victory over an incumbent president was unprecedented in Nigerian history.
Africa Internet Group (AIG) recently moved its office to Yaba, Lagos, Nigeria. The new office houses six of AIG’s ventures, namely Easy Taxi, Lamudi, Carmudi, HelloFood, Kaymu, and Jovago.
Interswitch, a leading pan-African integrated payment company, has announced the launch of a new $10 million ‘ePayment Growth Fund’.
Nigeria’s President Goodluck Jonathan on Wednesday took his re-election campaign to the Niger Delta, knowing that victory in the key oil region will help determine the winner of next month’s vote.
The Minister of Finance, Ngozi Okonjo-Iweala, on Wednesday took the former Central Bank of Nigeria, CBN, Chukwuma Soludo, to the cleaners over his criticism of President Goodluck Jonathan’s management of the country’s economy.
Royal Dutch Shell has appointed Osagie Okunbor as the new Managing Director of its Nigerian subsidiary, the Shell Petroleum Development Company of Nigeria Ltd (SPDC).
Nigeria’s president, Goodluck Jonathan, formally began his campaign for re-election on Thursday, taking the fight to a key opposition stronghold with a mass rally.
Transcorp Hotels has raised NGN 4.2B (USD 23M) from its recent initial public offering (IPO), indicating a 52 percent subscription level.
At the turn of the century well-off Nigerians struggled to shop in style. Most had to jostle in local markets to buy food or travel to the UK, US or Middle East to replenish their wardrobes.
The appetite of Nigerians for modern retail is growing faster than developers can build space, with international brands clamouring for places they can open stores.
Nigeria is in talks with potential local and global investors to set up a national airline which is expected to launch in 2-4 years.
In 2007, Britain’s Hay Festival collaborated with the Unesco World Book Capital project to publish Bogotá39, a literary collection that showcased the talents of 39 Latin American writers under the age of 40.
Nigeria has been declared Ebola-free.
On July 20 a man who was ill flew on commercial planes from the heart of the Ebola epidemic in Liberia to Lagos, Nigeria’s largest city.
The public health crackdown on Ebola in Nigeria, which has been declared free of the virus, serves as a model for the rest of the world.
Nigeria’s success in stopping Ebola shows how the virus can be stamped out and is a blueprint for other developing countries at risk of the disease, according to the World Health Organization.
The IMF’s latest World Economic Outlook makes sobering reading for most of the world.
Tomi Hodonu, General Manager of cheki.com.ng, gives us a behind the scenes look at this fast growing online market place that brings car buyers directly to sellers at just the click of a button.
Transcorp Hotels Plc will invest the proceeds of an 8 billion naira ($49 million) initial public offering into two new luxury Nigerian properties as the operator seeks to exploit a rise in international travel
Gilat Satcom, a leading provider of satellite and fiber-based connectivity services in Africa, Asia and the Middle East, today announced new fiber routes within and beyond Nigeria.
Nigeria’s retail and wholesale trade industry has the potential to grow by 7.1% per year, and by 2030 could be the largest contributor to the country’s GDP, according to recent report by McKinsey Global Institute.
The Economist magazine recently published an article on Nigeria in which it described the government of President Goodluck Ebele Jonathan (“GEJ”) as “A clueless government”.