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Ikeja Hotels Plc proposes a dividend of 2kobo

Ikeja Hotels Plc proposes final dividend of 2 kobo

Ikeja Hotels Plc has proposed a final dividend of N0.02 for every 50 kobo ordinary share. The proposed dividend is subject to appropriate withholding tax.
Jumia Group appoints Massimiliano Spalazzi as Jumia Nigeria’s CEO  , LASEPA Backtracks, Unseals Jumia Warehouse

LASEPA backtracks, unseals Jumia Warehouse few days after shutting it down

LASEPA has eeopened Jumia warehouse situated at Surulere industrial road, off Allen Avenue, in Ikeja Lagos.
Airtel partners Western Union to expand its own mobile money service , Airtel loses over 100,000 subscribers in one month as Glo chases MTN's market share cvf

Airtel loses over 100,000 subscribers in one month, as Glo chases MTN’s market share

Airtel lost over 100,000 subscribers in Nigeria between December 2019 and January 2020. While Airtel Nigeria's subscribers declined,

Atedo Peterside resigns from Flour Mills’ board to focus on NGO

Atedo Peterside has resigned from his position as a Non-Executive Director on Flour Mills Nigeria Plc's board of directors.
Q3 ’19: Jumia grows revenue by 52%, Five gone, more to follow as Jumia shuts down Tanzania operation for 2022 projection 

Rocket Internet sells stake in Jumia, as eCommerce firm struggles with post-IPO scandal

Rocket Internet, has sold off its stakes  in Jumia, as the African eCommerce firm's shares continue to decline on the New York Stock Exchange.