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TECHNOLOGY

MODE MEN BUSINESS: NSE CEO ENCOURAGES LOCAL FINTECH INVESTMENT

BUSINESS TECHNOLOGY April 17, 2019 0 Comments

Mr. Oscar Onyeoma, the current Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE) , has encouraged domestic investors to embrace the rise of financial technology and see the entire sector as a viable investment portfolio. Speaking at a FinTech forum in Lagos, the stock exchange Chairman pointed out that FinTech investment has continued to gain massive traction all…

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Jumia’s IPO Raises $196 Million

BUSINESS TECHNOLOGY April 13, 2019 0 Comments

According to multiple sources, Jumia Technologies, the largest e-commerce and retail platform in Africa, has raised $196 million in its Initial Public Offering (IPO). In a statement that was released on April 12, the company will now be focusing on expanding its customer base and service tiers. Dubbed Africa’s Amazon, Jumia sold 13.5 million American Depositary Shares, representing a total…

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