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Companies

Jumia launches experience centre to ease online shopping

Jumia: Shopping can be a chore. However, it becomes easy when you have a personal shopper who can help you navigate the puzzle of purchasing and returning products. But who are we kidding, personal shoppers are a luxury only the rich can afford.

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Jumia Travel, centres, experience

Jumia: Shopping can be a chore. However, it becomes easy when you have a personal shopper who can help you navigate the puzzle of purchasing and returning products. But who are we kidding, personal shoppers are a luxury only the rich can afford.

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Right? Wrong, the good news is Jumia is extending personal shopper services to the likes of us too, with the launch of a state-of-the-art Experience Centre.

EMM Podcast: Ugodre’s take on potentially increased VAT for minimum wage(Opens in a new browser tab)

Jumia, launches, experience, centres

Jumia launches experience centres

Located centrally at 11B, Commercial Avenue, Yaba, Lagos, Jumia’s Experience Centre will serve as an additional touchpoint for customers to interact with the Jumia’s Ecosystem- Jumia Mall, Jumia Food, Jumia Travel and Jumia One. You will have access to the store to place orders, pay bills, make hotel reservations, book flights and plan tours with the help of a personal shopper.

Jumia, launches, experience, centres

Jumia launches experience centres

On average you will spend 4 minutes from the moment you walk in up until you have successfully placed an order. Do you have a concern about placing an order, want to return an unwanted item you recently purchased or do you not know how to pay online? Then speak with a personal shopper who will be on hand to answer any questions you have.

 

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Jumia. experience, centres

Jumia launches experience centres

Jumia’s long-standing partnership with MTN, means that MTN customers can buy and have their sim cards registered or replaced and make other enquiries at Jumia’s Experience Centre.

You can visit Jumia’s Experience Centre from Monday to Friday from 8AM – 8PM and 9AM to 5PM on Weekends and Public holidays.

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Companies

Africa Prudential proposes dividend of N1 billion for shareholders

Africa Prudential Plc has proposed a sum of N1 billion as dividend for shareholders.

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African Prudential could be worth more than N4.55

The Board of Directors of Africa Prudential Plc has proposed a sum of N1 billion as dividend to shareholders for the period ended 31st of December 2020.

This is according to a disclosure signed by the firm’s secretary, Joseph Jibunoh and sent to the Nigerian Stock Exchange, as seen by Nairametrics.

According to the notification, the proposed dividend will be paid electronically to qualified shareholders on the 26th of March, 2021, subject to appropriate withholding tax and approval from the company’s Annual General Meeting (AGM) scheduled a day earlier.

The breakdown of the proposed dividend shows that a sum of 50 kobo will be paid for each outstanding 2,000,000,000 ordinary shares of the company, held by its shareholders, totalling N1 billion. The proposed dividend is 28.6% lower than the 2019 figures of N1.4 billion.

The comparative decline in the company’s proposed dividend for the year might be attributed to a recent dip in profit and other key metrics recorded by the firm in its latest audited financial statement for 2020. For example, the firm posted a profit of N1.45 billion for the year, indicating a decline of 13.98% YoY. In addition, its earnings per share declined by 14.29% to print at 72 kobo.

What you should know

  • Africa Prudential had recently announced the appointment of Mrs Zubaida Rasheed as Director.
  • Africa Prudential Plc, formerly known as UBA Registrars Ltd, was incorporated as a private limited liability company on 23rd March 2006. It was listed in the NSE on 17th of January, 2013.

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Companies

Dangote Sugar proposes N18.2 billion as final dividend for 2020

Dangote Sugar Refinery Plc has proposed a sum of N18.2 billion as the final dividend for shareholders.

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Dangote Sugar proposes N18.2 billion as final dividend for 2020

The Board of Directors of Nigeria, Dangote Sugar Refinery Plc has proposed a sum of N18.2 billion as the final dividend for shareholders for the period ended 31st December 2020.

This announcement was contained in the audited financial statement of the leading integrated sugar company.

In line with the statement of the Board of DSR, the approval of this proposed dividend at the forthcoming Annual General Meeting will see Dangote Sugar pay out a final dividend of N1.50 for each of the outstanding 12,146,878,241 ordinary shares of the company, held by its shareholders.

The proposed dividend is 36.36% higher than the final dividend of N1.1 per share (N13.36 billion) the sugar company paid its shareholders in 2019.

What you should know

  • Dangote Sugar Refinery declared in its audited statement for the period ended 31st December 2020 that its profit for the year climbed to N29.8 billion, from N22.4 billion in 2019.
  • According to these figures, DSR’s earnings per share for 2020 are pegged at N2.45. Hence, with a dividend of N1.50 per share, Dangote Sugar is set to payout 61.2% of its profits for 2020.
  • At the close of trading activities on the floor of the Nigerian Stock Exchange today, shares in Dangote Sugar Refinery declined by 0.83% to close lower at N17.85.
  • At this price, the dividend yield of Dangote Sugar shares is 8.40%.

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