A Federal Capital Territory (FCT) High Court, Apo has fixed Tuesday, 8th November for the arraignment of the Chairman of Zinox Group, Chief Leonard Stanley Ekeh; his wife, Chioma; and nine other suspects in an alleged N170.3 million contract fraud. The arraignment by human rights lawyer, Femi Falana, a Senior Advocate of Nigeria (SAN), on behalf of the Attorney-General of …

One of the major e-commerce players in the African market, Jumia appears to be battling severe headwinds after its share price – which once traded at record highs of $59.96 – tumbled down and currently trading at less than $5. That prompted speculations of a loss of investor confidence and a surprise takeover by sub-Saharan Africa’s leading tech conglomerate, the …