Investors cheer as Jumia delivers turnaround surprise in Q2 2025
Bendada.com - Aug 08, 2025
Jumia's stock surged 27% in early Thursday trading after Q2 2025 earnings release. Shares rose from $4.58 to $5.82, increasing market capitalisation by approximately $150 million.
Temidayo Ojo replaces Sunil Natraj as Jumia Nigeria CEO
Bendada.com - Jul 16, 2025
Temidayo Ojo has been appointed as the new CEO of Jumia Nigeria, effective immediately. Ojo succeeds Sunil Natraj, who served for 19 months and aimed to stabilize the Nigerian unit.
Average drone prices in Nigeria (2025): Full comparison guide
Techpoint Africa - Jul 10, 2025
Drone prices in Nigeria range from ₦13,000 for budget imports to over ₦7 million for high-end models. The guide compares prices from local stores, classified sites, and import platforms, providing a realistic view of current market conditions.
After 8% stake, Axian reportedly targets full acquisition of Jumia
Techpoint Africa - Jul 02, 2025
Axian Telecom is eyeing a full takeover of Jumia, with a financing of $600 million. Jumia's stock jumped 6-16% following the news of the potential acquisition.
Jumia partners with Diar Dzair to launch buy now pay later in Algeria
Bendada.com - Jun 13, 2025
Jumia launched its Buy Now, Pay Later service in Algeria, partnering with local fintech Diar Dzair. The BNPL service allows Algerian consumers to split payments into interest-free installments at checkout.