Average drone prices in Nigeria (2025): Full comparison guide
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.
Jumia stocks rise marginally as AXIAN Telecom takes 8% stake
Jumia's shares increased by 2% to $3.31 following AXIAN Telecom's acquisition of an 8% stake. AXIAN Telecom's investment has raised Jumia's market capitalization to $406.58 million.
Jumia’s largest investor exits with likely multimillion-dollar loss
Baillie Gifford sold its entire 18 million-share stake in Jumia, reducing ownership from 7.4% to 0%. Jumia's share price dropped from over $26 in 2019 to around $2.5 at the time of Baillie Gifford's sale.
Verve expands global reach with Temu, challenging Jumia’s stronghold
Verve cardholders can now shop on Temu and pay in local currencies. This partnership simplifies cross-border transactions for African shoppers.
