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Business

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ICT

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Capital Market

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Insurance

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Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

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Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

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Insurance

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Jumia Launches Jumia Bot, Nigeria’s First E-commerce Bot

True to its mission of expanding horizons, Jumia introduced on 2nd October Jumia Bot, Nigeria’s first e-commerce Bot. Using Jumia Bot, shoppers can order food, find fashion or electronic items and book hotels and flights by simply having an online conversation with the bot.

This innovation, powered and hosted by Facebook Messenger, was officially launched on 2nd October in Nigeria and will offer Nigeria’s 18 Million Facebook users the ability to get their own personal Jumia shopping assistant directly on Facebook Messenger.

The Jumia Bot works by asking customers what they’re looking for, and then using their answers to uncover the best offers. For example, to get access to the best hotel and airfare deals on Facebook Messenger, a user can simply provide his or her preferred date and destination to the bot in order to see the top recommendations.

Once a user’s criteria is selected, Jumia Bot will remember and use the research for his or her next order. The bot, developed by Jumia with support from Facebook, uses Artificial Intelligence (AI) and natural learning process to hone in and learn users’ preferences over time in order to make recommendations that are personalized, timeline and useful to the shopper. The shopper’s post-order experience is also integrated into Jumia Bot. As a result, shoppers can track their orders and contact the Customer Service team for follow-up questions.

“When we launched Bot for Businesses on Messenger, our goal was to help companies make meaningful connections with their customers in order to meet their business goals.” said Emeka Afigbo, Head, Platform Partnerships, Middle East and Africa at Facebook. “We are excited to be part of the story in providing technology solutions to one of Africa’s leading e-commerce websites.”

In a statement on the significance of this new service, Juliet Anammah, CEO Jumia Nigeria said, “Jumia Bot has a very simple yet important objective: to help our customers get to personalized deals on Jumia Nigeria. We are pleased to unveil this new dimension of e-shopping for the Nigerian customer, and excited about helping to pioneer the next wave of local content and tech tools within our ecosystem.”

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Beyond the Change Chorus: Is Nigeria Open for Business Again?

Against the intense apprehension by local and international observers, Nigeria's 2015 Presidential Elections turned out peaceful and successful following the incumbent's concession of defeat prior to the final announcement by the electoral umpire - INEC. The election, which was keenly contested by All Progressives Congress (APC) - General Muhammadu Buhari (GMB) and Peoples Democratic Party (PDP) - Goodluck Ebele Jonathan (GEJ) saw the emergence of GMB as the President-elect of Nigeria. GMB satisfied the constitutional requirement of polling the majority votes of 15.4 million (vs. GEJ's 12.9 million total votes) while also winning at least 25.0% of the votes cast in 28 states (vs. GEJ's 27 states). In the past weeks, there have been two contending words -- Change vs. Transformation. With the former now triumphing over the latter, the Nigerian economy and financial market demand more..."Beyond the change chorus".
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