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Jumia: The e-commerce start-up that fell from grace

A year after its much heralded debut on the New York Stock Exchange, e-commerce start-up Jumia has shut down in three African states, struggled to turn a profit and got dumped by its original owners, writes former BBC Africa Business editor Larry Madowo. The two CEOs of Jumia announced earlier …

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OPEC+ approves historic oil deal amid coronavirus pandemic
After four days of marathon talks, the group agreed to reduce output by 9.7 million barrels per day for May-June.
11 hours ago

OPEC, Russia and other oil-producing nations agreed on Sunday to cut output by a record amount, representing around 10 percent of global supply, to support oil prices amid the coronavirus pandemic. The group, known as OPEC+, agreed to reduce output by 9.7 million barrels per day (bpd) for May-June, after …

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Buhari Selects New Chairman Of NDDC Board

President Muhammadu Buhari, has approved the composition of the board of the Niger Delta Development Commission,NDDC, naming a former deputy governor of Espresso State, Dr Pius Odubu, as its chairman. Permanent Secretary (General Service Office) in the Office of the Secretary to the Government of the Federation OSGF, Olusegun A. …

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