₦airaland Forum

Afikoo:
You all need to watch the video . See the suspense and the excitement when Pastor Chris said the 3rd person name is in the Bible


https://www.youtube.com/watch?v=wr-zWcEp60E

errandsdotng:
Jumia, a pan-African e-commerce platform, says it laid off over 900 workers in order to reduce its cost of operation.

The company, in its 2022 fourth quarter (Q4) financial report released recently, said the cut represents 20 percent of its general workforce.

Jumia said it experienced an operating loss of 41 percent year-over-year, reaching $49.8 million in Q4 of 2022; forcing the company to suspend its “logistics-as-a-service offering in a number of geographies”.

The e-commerce firm also discontinued its food delivery operations in Egypt, Ghana and Senegal where “this activity was
sub-scale, resulting in unit economics dilution with limited consumer lifetime value upside”.

Jumia explained that it decided to cease a number of activities as part of its goal of focusing on core areas of the business with attractive returns on investments and clear ecosystem benefits.

The organisation added that it is delivering on its strategy to reduce losses and accelerate progress toward profitability with a major focus on enhanced cost discipline as well as accelerating monetisation.

“Cost reduction is another key priority of our strategy. We are working across the full cost structure to drive efficiencies,” the report reads.

“In the fourth quarter of 2022, we undertook significant headcount reductions, resulting in over 900 position terminations, corresponding to a 20 percent headcount reduction.

“We have streamlined our organisational structure, creating leaner, more effective teams fully committed to the execution of our strategy.

“As part of our streamlining efforts, we have significantly reduced our presence in Dubai where certain management functions were located, reducing headcount by over 60 percent. Most of the remaining staff are being relocated to our African offices, closer to our consumers, sellers, and operations.

“We expect these headcount reductions to allow us to save over 30 percent in monthly staff costs starting from March 2023, as compared to the October 2022 staff cost baseline. The implementation of these organisational changes resulted in $3.7 million in one-off restructuring costs booked in the fourth quarter of 2022.”

The company also announced gross profit growth of up to 22 percent year-over-year, stating that marketplace revenue reached an all-time high of $41.2 million.

Commenting on the development, Francis Dufay, chief executive officer (CEO), Jumia, said efforts are being made to further strengthen their fundamentals and accelerate profits.

“While the fourth quarter results only reflect a fraction of the actions we are taking, we are seeing early signs of success and remain focused on execution,” Dufay said.

“In light of these encouraging signs, we expect a sharp reduction in adjusted EBITDA loss from $207 million in FY2022 down to $100-120 million in FY2023.

“We remain more-than-ever confident about the growth opportunity across our markets and are making fundamental improvements to our consumer value proposition which will help us drive sustainable long-term growth.”

Source: https://www.thecable.ng/jumia-sacks-900-workers-to-reduce-cost-of-operation

AcuraZDX:
HE Peter Obi and Yusuf Datti at the Emir of Zaria's Palace addressing the cabinets and stakeholders.

The LP gubernotorial Candidate of Kaduna state was also in the meeting.

Lanrelagboi:
https://twitter.com/Mr_JAGs/status/1627641046443208704?t=U5J5cwahkev98qzMwcosUw&s=19[/quote]Money no dey abi?

Islie:
https://www.premiumtimesng.com/news/more-news/582995-fg-using-cbn-naira-policy-to-go-after-criminals-ezekwesili.html

A big shoutout to @PeterObi for being one of the only presidential candidates who officially honoured my live Q & A session. May your humble obedience and honesty of purpose see you through on Saturday. #nigeriawillbegreatagain#nigeriawillwork pic.twitter.com/vbFsdIW3YW

— AY COMEDIAN (@AYCOMEDIAN) February 20, 2023

LordviccoDaGuru:
https://twitter.com/VictorG63538936/status/1627687743428984833?t=udEjyKhzh1qxOz-xjp5S1w&s=08[/quote]Godwin dey with am?

FuglyGurl:
https://punchng.com/just-in-again-protest-rocks-ogun-over-naira-scarcity-banks-burnt/

Chidibe212:
https://www.legit.ng/politics/1520836-2023-presidency-afenifere-youths-promise-obi-million-votes/

God1000:
Turkish plane carrying the body of late Ghanian soccer star Christian Atsu has arrived in Ghana.

Ghanaian soldiers can be seen carrying his casket at the airport, the vice president of Ghana led the government delegation to receive his body at the airport

https://www.facebook.com/yencomgh/videos/710331107337845/?app=fbl

Nonny95:
The Leading Presidential Candidate, HE Peter Obi today Visited his Most Eminence Baba Aladura, Elder Dr David D.L Bob-Manuel at ESOCS National HQ Annex Cathedral, Abuja!

Bridge Builder!

ChangetheChange:
https://tribuneonlineng.com/primate-reveals-region-to-determine-nigerias-next-president/?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1676806445

Islie:
6 Days To Go: Uncertainty As IGP Suspends Deployment Of DIGs, AIGs, CPs For Election Duty



https://dailytrust.com/6-days-to-go-uncertainty-as-igp-suspends-deployment-of-digs-aigs-cps-for-election-duty/

benjackugo:
"Time To Reboot Nigeria" - Peter Obi Addresses Nigerians 7 Days Before Election

Labour Party's presidential candidate, Peter Obi has again asked Nigerians to vote for him in Nigeria's presidential election coming up in less than 7 days, IGBERETV reports.

He wrote on his Twitter page;

















https://twitter.com/PeterObi/status/1626902505090154496?s=20[/quote]How do you intend leading Nigeria if elected?
Are you going to learn on the job?
Who will make your cabinet?
Please be sure Nigerians will eat you alive if the job overwhelms you.
1$=760
Cement=4200
Foreign Reserve=$37B
1000CFA=#1150
National debt= #77Trillion.
??.

post=121035372:
Just in...

Officers of the Anambra State Police, 3-3 in the early hours of today foiled an attempt by armed men to attack 3-3 Police Station, Nkwelle Ezunaka - Onitsha, killing five (5) armed men, and recovered 2 AK 47, and a sienna car.

Thanks to the gallant police officers.
#SecureAnambra

jaxxy:
so it's criminals, druglords, looters, shady and questionable characters and enemies of democracy that will better this country??

Something is wrong with some nigerians. They know the truth bt for selfish interests and agenda and bigotry don't mind to ruin this country and destroy every good thing it has left.

I'm not surprised when dime of them worship known criminals and money as the gods.

jaxxy:
So this means if he didn't personally know atiku he won't have campaigned for him or said what he said about Obi?

This useless cross thinks we are campaign for Obi because we know him personally or wish to gain anything from him personally? We are fighting for the betterment of this country and its future generations to come not some useless selfish interests like him.

Massiveglory:
He has made his choice. He is free to do so.

Nigerians across the nation have made PODATTI our choice. There is no going back.

Pauldollars:
The summary

treesun:
https://punchng.com/just-in-adamu-to-meet-apc-govs-sunday/

TheStarsAlign:
Everything is perspective. I needed cash so bad on Tuesday 14th. All the ATM I visited had at least 200 people plus you may need to fight dirty before your turn (that is even if it gets to your turn before the machine shut down o). I found a POS service selling old currency at 10% and bought some (people were still accepting the note as at then). On Wednesday 15th, FG went crazy with the hammer & everybody started rejecting the money. You expect I should keep the remaining money under my bed? A lot of people may have similar story.

Summary, you should only judge when you've heard their story.

post=120996620:
"I recognized his weaknesses; the worst being his inability to be loyal to anybody or any issue for long, but only to Nasir El - Rufai".

"I have heard of how he viciously savaged the reputation of his uncle, a man who was like his foster father".

"Character wise, Nasir has not much going for him".

"My vivid recollection of him is his penchant for lying, for unfair embellishment of stories and his inability to sustain loyalty for long".

"I believe that he can still be used in public service under guidance and sufficient oversight, making allowance for the psychology of his petit size".

"He was described as a malicious liar. He was more than that; he is a pathological purveyor of untruths and half - truths with little or no regard for integrity".

-"MY WATCH", President Olusegun Obasanjo.

LiteratureClass:
As seen on twitter.
Source: FBN - https://twitter.com/FirstBankngr/status/1626592476135043073

Maybe PMB doesn't want this election to hold & to achieve this, he wants to intentionally create chaos. My brother got to CBN Marina 6am this morning, he is number 420 on d queue. Majority of the pple there couldn't generate code on @cenbank site. How do one explain this madness? pic.twitter.com/yZh6hrg6zi

— Asiwaju Malik🇳🇬 🇵🇸 (@malsky007) February 17, 2023

WriterNiig:
@Yabaleftonline tweeted;

a4cube:
No protest. Just called two guys now. One at Ngbuka and the other at relief market. Onitcha is calm and bubbling with money making activities as always.

IamBoysonic:
The Diobu region and mile 1 in Portharcourt city currently in chaos over the naira swap policy
Banks are being destroyed and set on fire, people are out on the roads protesting.
Residents living in that region have been advised to stay indoors due to gun shots being heard

Nigeria what way?

id911:
https://www.channelstv.com/2023/02/16/naira-crunch-i-need-n70m-in-hard-copy-for-election-expenses-says-doguwa/

AntiTerrorist:
Old Naira Notes: ‘If El-Rufai Is Not Arrested, Buhari Should Apologise To Nnamdi Kanu’ – Reno Omokri


https://www./2023/02/17/old-naira-notes-if-el-rufai-is-not-arrested-buhari-should-apologise-to-nnamdi-kanu-reno-omokri/amp/

salesbloo:
https://punchng.com/new-naira-buhari-cannot-overrule-supreme-court-order-ozekhome/