E-commerce: Jumia Records €2.5m Profit As Consumers Reach Record Hits 6.4m

Jumia has recorded a €2.5 million profit as consumers reach a record high of 6.4 million. The report released by the company stated that the €2.5m gross profit was reached after the fulfillment of all expenses including taxes, levies, and others, while its monetization development increased its gross profit to €18.4m, a year-over-year increase of … Read more

Nigerian Banking Sector Record N1.6trn Transactions On ATMs In 2019 Third Quater

USSD Codes Banks

The National Bureau of Statistics (NBS) has disclosed that in the third quarter of 2019, the Nigeria banking sector pulled a total volume of 800,201,498 transactions valued at N42.76 trillion. These transactions were carried out in the period under review via the different electronic payment channels in the sector. It was further stated that NIBSS … Read more