Jumia’s liquidity position improved to $133.9 million, helped by net proceeds from an at-the-market offering in August 2024. This reversed a decline of $106.9 million recorded in 2023. Net cash flows used in operating activities also showed improvement, reducing to $57.2 million from $73.0 million in the previous year. According to Jumia, key usage metrics improved in the fourth quarter,...
Nigeria’s political landscape never fails to entertain, and the current set of governors is giving us more drama than a Nollywood blockbuster. From epic political battles to eyebrow-raising policies, these leaders have kept tongues wagging and social media buzzing. Here are the most controversial governors making headlines for all the wrong—or right—reasons. 1. Edo State...
The race for the Anambra 2025 governorship election is heating up as the Anambra Coalition for Progressive Change, a group comprising lecturers, traders, activists, and professionals, has thrown its weight behind aviation mogul and APC stalwart, Prof Obiora Okonkwo. On Wednesday, the coalition made a bold statement by purchasing the N50 million Nomination and Expression of Interest...
On Thursday, March 13, Peter Obi shared his thoughts with journalists following a meeting with Bauchi State Governor, Bala Mohammed. Obi took the opportunity to discuss the ongoing economic challenges under President Bola Tinubu's administration, offering a sharp critique of the current situation in comparison to the previous leadership of Muhammadu Buhari. Obi pointed out that Tinubu had...
Pope Francis, the 266th Pontiff of the Roman Catholic Church, is either significantly delayed in his expected activities or has passed away, according to sources within the Vatican. The Holy See has yet to release an official statement, fueling concerns about the Pope’s health following his recent hospitalization in Rome. Just days ago, the 87-year-old Pontiff shared a...
