Lagos, (Nigeria): November 29, 2024 – Jumia, Nigeria’s leading e-commerce platform, wraps up its 2024 Black Friday campaign tomorrow, celebrating remarkable success. Spanning from November 1 to November 30, the month-long event featured discounts of up to 50% across categories such as mobile phones, electronics, home and living, fashion, and beauty, drawing millions of shoppers nationwide.This year’s campaign highlighted the positive impact of Jumia’s ongoing efforts to expand e-commerce accessibility across Nigeria. Hinterlands like Enugu, Calabar are growing by over three times year-on-year, with over half of Black Friday orders originating from secondary cities and rural areas. These trends underscore the growing trust in online shopping among rural communities and Jumia’s commitment to bridging the retail gap.Jumia’s logistics network, supported by over 200 pick-up stations nationwide, played a key role in enabling access to affordable goods for customers outside urban centers. During the campaign, the share of orders to pick-up stations grew by nearly two-third, showing the increasing need for additional pick-up points. This further reflects the company’s rapid growth and influence in secondary cities and rural areas.“We’re delighted with the results of this year’s Black Friday campaign. The surge in orders from upcountry regions demonstrates how e-commerce is transforming communities by making affordable and quality goods accessible to all. This growth reaffirms our commitment to expanding our logistics network and opening more pick-up stations to serve our growing customer base,” said Sunil Natraj, CEO of Jumia Nigeria.Since pioneering Black Friday in Nigeria in 2014, Jumia has transformed the way Africans shop online. As it marks 10 years of Black Friday, Jumia continues to enhance its offerings, including streamlined logistics, diverse payment methods, and improved supply from international sellers. These innovations have solidified Jumia’s role as a leader in Nigeria’s retail ecosystem, making online shopping more convenient, accessible, and reliable than ever before.Jumia’s 2024 Black Friday campaign reflects not just a successful sales event but a testament to the transformative power of e-commerce in reshaping access to quality products across Nigeria.

Quit holding your breath, this is for real! It’s not a clickbait. Verve, Naija’s Agba and Odogwu card, understands the challenges of not having the right card to seamlessly transact across borders, all from the comfort of your home. That’s why it focuses on breaking barriers and redefining convenience for its loyal customers. The latest in its series of groundbreaking achievements is the acceptance of Verve cards on AliExpress, one of the world’s largest online retail platforms, unlocking new possibilities for cardholders. Abeg comot for road, Verve don enter AliExpress way! This isn’t just a win for Verve; it’s a win for millions of its cardholders who can now explore a vast array of products on AliExpress, while enjoying the security and reliability they’ve come to trust in Verve. This partnership marks another giant leap in Verve’s mission to establish itself as a global payment powerhouse. Over the years, Verve has forged strong alliances with renowned global brands such as Google, YouTube, Netflix, Amazon Prime, Facebook, Uber, Facebook, Spotify, among others, enabling Verve cardholders to make seamless payments for subscriptions in Naira. This partnership with AliExpress further demonstrates Verve’s commitment to empowering its customers with access to seamless digital payments and world-class services to meet their evolving needs. Whether you’re looking to upgrade your tech gadgets, refresh your wardrobe, or find unique items for your home, AliExpress offers diverse possibilities, and Verve has made it easier than ever to shop and pay! Here’s a step-by-step guide on how to shop on AliExpress using your Verve card:Sign in to your AliExpress account.Select your desired items and click ‘Buy Now.’Add a new card and input your Verve card details.Save and confirm your details (You can also opt to save the card for future payments). The Naija’s Agba and Odogwu card is a perfect example of the saying, ‘the light that shines farthest shines brightest at its base!’ While Verve is making waves and securing global wins, it’s also spreading joy right here at home! Through the ongoing Verve GoodLife Promo 5.0, Verve is offering incredible rewards and benefits to its cardholders. Verve cardholders are enjoying up to 10 per cent cashback or discount for every transaction made at participating outlets, including Google, NNPC Retail, Addide, The Place Restaurants, Sweet Sensation, Chowdeck, BuyPower, and Market Square. With Verve, the world is truly at your fingertips. From exploring global markets like AliExpress to enjoying rewards and discounts with local favourites, every swipe of your Verve card opens the door to endless possibilities. So why settle for less when you can have it all? Why stand on the sideline awwwing and shouting “God abeg, barb me this style” when you can be part of the action? Take advantage of these incredible opportunities today. Experience the freedom to shop globally at your convenience, and unlock endless possibilities with Verve. The future is here, and with Verve, you’re already a part of it!

Interswitch Group, a leading integrated payments and digital commerce company in Africa, has been unveiled as key Sponsor of the Committee of e-Business Industry Heads (CeBIH) 2024 Conference. Scheduled for December 4th to 5th 2024, at the Eko Convention Centre, Victoria Island, Lagos, the conference will explore the theme “Payment System Vision 2030: Navigating Contemporary Issues in Driving Future Growth.” CeBIH is made up of top-tier electronic business practitioners from all banks in Nigeria, with the primary objective of promoting electronic banking services that align with global best practices. The CeBIH 2024 Conference will play a pivotal role in advancing the goals of Payment System Vision (PSV) 2030 by evaluating progress, highlighting key milestones, and addressing challenges within the payment ecosystem. The PSV 2030 is a strategic framework developed by the Central Bank of Nigeria (CBN) to guide the evolution of the country’s payment systems over the next decade. Building on the success of previous initiatives like the Payment System Vision 2020, PSV 2030 aims to further advance financial inclusion, drive innovation in the payments sector, and support the broader digital economy in Nigeria. In anticipation of a keynote address titled ‘The Impact of Globalization and the Gig Economy on Inclusive Payment Systems in Nigeria’ to be delivered by Mitchell Elegbe, Founder and Group Managing Director, Interswitch, he remarked, “We are proud to support CeBIH and the 2024 CeBIH annual conference as it aligns perfectly with our vision of building seamless, secure, and future-ready payment systems for Africa. This partnership highlights Interswitch’s commitment to drive innovation and advance the payments ecosystem. Together, we aim to address the evolving challenges in digital payments and contribute to the development of a robust, inclusive, and sustainable digital economy across Africa.” The CeBIH 2024 conference will explore the role of technology and innovation in driving digital financial inclusion while fostering dialogue and collaboration between financial institutions, fintech companies, and regulators. The conference will also generate policy recommendations aimed at creating a supportive environment for the growth and sustainability of Nigeria’s payment ecosystem. Furthermore, this year’s event will bring together thought leaders, industry experts, and policymakers to explore strategies that will shape the future of payments in Nigeria and beyond. It will also feature engaging keynote speeches, panel discussions, and interactive sessions designed to drive meaningful outcomes. Interswitch’s sponsorship of the 2024 CeBIH annual conference underlines its ongoing commitment to drive innovation and shape the future of payments in Nigeria. By supporting this impactful event, Interswitch continues to play a key role in advancing digital financial inclusion, promoting collaboration among key stakeholders and fostering the development of a robust and sustainable payment ecosystem. As Nigeria moves towards achieving the objectives of PSV 2030, Interswitch continues to play a key role in the financial ecosystem, working alongside industry leaders to ensure that Africa’s payment systems evolve to meet the dynamic needs of its people. Interswitch will continue to lead the way in driving a seamless, secure, and inclusive digital economy for Nigeria and beyond.