Business Companies Corporate Governance Featured

CAC generated N19bn revenue in 2020

The Registrar-General, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has said the organisation raked in more than N19 billion as Internally Generated Revenue (IGR) last year. Abubakar made this known in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. According to him, in spite of the COVID-19 pandemic that affected Read More…

Business Featured Online Retailing

African e-commerce firm Jumia’s revenue slips as misses out on COVID boost

African online retailer Jumia on Tuesday reported a nearly 18% fall in third-quarter revenue as it shifted towards less expensive but more frequently ordered items and missed out on lockdown boosts enjoyed by international rivals. Cost-saving efforts, however, allowed Jumia to reduce its adjusted loss in earnings before interest, taxes, depreciation and amortization for the Read More…