30 results
- 19 Nov 2016
FXTM Analysis: Blockbuster UK Retail Sales Uplifts Sterling
Sterling staged a vicious rebound against the Dollar during trading on Thursday following October’s extraordinary 1.9% rise in retail sales which questioned if the ongoing Brexit woes had any…
- 22 Apr 2017
Disappointing Retail Sales Pressures Sterling
FXTM Research Analyst Lukman Otunuga comments on potential market reactions to the French Presidential elections this weekend. Sterling attracted a school of sellers during early trading on Friday,…
- 1 May 2015
DHL Says e-Commerce Could Account for 10% Africa's Retail Sales by 2025
As e-commerce continues to gain popularity across the African continent, more effort needs to be paid towards facilitating flawless delivery to customers. This is further supported by the…
- 20 Feb 2017
CBN to Boost Forex Sales to Retail Users
Central Bank of Nigeria (CBN) plans to boost dollar sales for school fee payment and travel abroad so as to reduce the premium paid on the black market and support the naira, a senior banker said on…
- 28 Jun 2015
Concept Nova Extends TI-KON Tracker Sale to Offline Retail Space
In a bid to make its solutions and services more accessible to its customers, Concept Nova, an IT Solutions company has established partnership with Ebeano – a major chain of Supermarkets in Lagos on…
- 6 Nov 2015
Music Subscriptions Will Dominate Digital Charge, Retail Spending- Ovum
Retail sales of recorded music will see little variation in total spending levels in the years to 2020 despite the rising interest in streaming, according to global analyst firm Ovum’s latest…
- 13 Jun 2018
MTN Nigeria Mulls Sale of 30% Equity to Retail Investors
MTN Nigeria, largest telecommunication company, may sell some 30 per cent of its ordinary shares to Nigerian retail investors under its much-awaited initial public offering (IPO). Sources in…
- 18 Feb 2017
Market Volatility Returns In Full Force
FXTM Research Analyst Lukman Otunuga comments on the Sterling bears were granted the permission to attack the GBP/USD on Friday following the unexpected decline in January’s retail sales which…
- 9 Aug 2016
Week Ahead: U.S. consumers, China’s Data, and RBNZ
Friday’s incredibly impressive U.S. jobs report sent the U.S. dollar and equities higher, with S&P 500 and Nasdaq ending the week at new record highs. The 255,000 jobs added in July and 292,000…
- 31 Jul 2015
‘Social’ Shopping Drives 2015 Global eRetail Sales to 17% High Says Juniper
Global e-retail sales are expected to grow strongly by more than 17% to reach US$1.7tn this year, as social media companies are increasingly acting as direct sales platforms, which is likely to give…
- 18 Jul 2014
Jumia’s Summer Sales Begin
Jumia Nigeria, the largest online retailer and fashion store brings the big summer sales to Nigeria. The summer sale, according to Olamide Amosun, public relations manager for Jumia Nigeria, said,…
- 5 Nov 2013
Government Shutdown Still Hurts US Market-ForeTime
Data in the US got off to a weak start last week, with the Retail Sales figures for September disappointing expectations of a 0.2% rise, having fallen by 0.1%. The poor figure was somewhat vindicated…
- 14 Nov 2021
Jumia Nigeria Unveils Black Friday Mega Sales
Jumia, a leading Pan African online retailer and eCommerce platform, has announced the return of its annual Black Friday sales promo in Nigeria. The event, dubbed ‘Every Day is Black Friday’ is the…
- 12 Jan 2025
Holiday shoppers spend a record $1.2T online, Salesforce data shows
Salesforce, the world’s #1 AI CRM, today revealed new data showing holiday retail sales surged to a record $1.2 trillion globally and $282 billion in the United States, but high returns could dampen…
- 21 Dec 2021
Why Informal Retailers Should ‘Shop Alerzo” This Yuletide
As corporate organizations shut their office doors for the year and workers embark on holiday activities, businesses in the FMCG category remain fully active. Their activities not only keep the…
- 31 May 2015
Jumia/MTN 1st Megathon Week Begins Today
At about 12am today, Jumia, Nigeria’s leading online shop unveiled one of its biggest sale of the year, dubbed ‘the Biggest Mobile Sales Ever’ of the retail industry in Nigeria. Supported by MTN and…
- 26 May 2015
Jumia/MTN 1st Megathon Week Attracts Global Mobile Devices OEMs
Jumia, Nigeria’s leading online shop and in a few days will be unveiling one of its biggest sale of the year, dubbed ‘the Biggest Mobile Sales Ever’ of the retail industry in Nigeria. Supported by…
- 5 Jan 2016
Lumia 950, 950 XL Now on Sale in Nigeria
Microsoft has announced retail availability of Lumia 950 and Lumia 950 XL throughout Nigeria. The newest flagship devices to join the Lumia portfolio and the first to ship with Windows 10, the Lumia…
- 2 Feb 2022
Top Executives Exit as Crisis Rocks Allianz Nigeria
No fewer than four top members of the executive management of Allianz Nigeria Insurance Plc including the former Managing Director have resigned their appointments from the company to join other…
- 6 Apr 2021
Xiaomi Unveils Redmi Note 10 series in Nigeria
Xiaomi has launched its updated mid-range level smartphones in Nigeria. L-R: Mr Finn Wang,head of Retail sales Xiaomi Nigeria;Mr Harvey Deng, Country Head Xiaomi Nigeria;Lin Chen,Chief Executive…
- 20 May 2017
Markets Stabilize but Investors Remain Alert
FXTM Research Analyst Lukman Otunuga comments on the Dollar, Sterling and U.S Shale. Global stocks displayed subtle signs of stability during Friday’s trading session as investors re-evaluated the…
- 9 Sept 2015
Yudala Oils Machine for Annual Neighbour- Neighbour Mega Sales
Yudala, Nigeria’s first true composite retail chain is set to launch the maiden edition of its annual initiative tagged Yudala Neighbour to Neighbour mega sales from September 21 to October 2. The…
- 15 Sept 2016
FXTM Analysis: Equities Continue to Tumble, Volatility Set to Rise
The global equity selloff resumed on Thursday with most Asian indices declining for the sixth consecutive day. Europe also opened in red as dropping oil prices and uncertainty over central banks…
- 15 Apr 2019
Nigeria Week Ahead: Inflation Data, China and Dollar in Focus
By Lukman Otunuga, FXTM Research Analyst, Nigeria will release updates on its inflation numbers in the week ahead, amid easing concerns over slowing global growth and broad-based Dollar weakness.…
- 18 Jan 2026
Lebara Launches Agent Registration Portal
Lebara Nigeria has launched the Agent Registration Portal (ARP), a new digital onboarding platform designed to accelerate the expansion of its retail and point-of-sale (POS) network nationwide.…
- 14 Nov 2019
Will the Central Bank of Nigeria Cut Interest Rates in November?
By Lukman Otunuga, Senior Research Analyst at FXTM, Rising inflationary pressures are certainly weakening the case for the Central Bank of Nigeria to cut interest rates from 13.5% anytime soon.…
- 21 Apr 2013
Tablets Killing Africa’s PC Market – IDC Report
The Middle East and Africa (MEA) PC market experienced a significant decline of 14.1 per cent year on year during the first quarter of 2013, according to preliminary results released weekend by…
- 23 Apr 2013
MEA PC Market Slips by 14.1% in Q1 2013-Report
The Middle East and Africa PC market experienced a significant decline of 14.1% year on year during the first quarter of 2013, according to preliminary results released by International Data…
- 16 Jan 2014
Tips to Increasing E-commerce Sales in 2014
Do you have an ecommerce or online retail store? Have you ever thought about how to increase sales? Are you ready to reach your potentials in 2014? If yes to all then this is a must read: Ecommerce…
- 10 Nov 2019
Konga Yakata Lights up Internet as Shoppers Scramble for Massive Discounts
Thousands of eager shoppers stormed the website of Konga, foremost e-Commerce giant, to be among the first to grab the mega deals on offer as Konga Yakata went live by stroke of midnight today…