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Black Friday: Mad Rush for Konga Yakata as Prices Fall

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Konga, Nigeria’s e-commerce giant has recorded a massive rush for its Black Friday sales tagged Konga Yakata which kicked off on Thursday November 8th, as eagers shoppers thronged the company’s online and offline platforms to be the first to take advantage of the price slashes and huge deals that greeted the commencement of the mega shopping fiesta.

 

Konga Yakata, widely regarded as the biggest shopping event of the year, is a month-long campaign which runs every day from Thursday November 8th to Friday November 30th 2018.

 

Feelers from within the company indicated that traffic to the website Konga.com began to record a steady spike from the early hours of Thursday as thousands of early bird shoppers kick-started the hunt for bargain deals.

 

Calls to the Konga customer care lines and other feedback channels also increased exponentially as a result of the increased traffic recorded on the website.

 

Further spicing up the Konga Yakata offer is a series of exciting attractions including periodic flash sales, treasure hunts and other freebies for shoppers.

 

Konga’s network of retail stores nationwide also reported heavy traffic and footfalls for the commencement of Konga Yakata, as many shoppers sought to avoid the massive rush online by carrying out their Black Friday shopping in the nearest Konga store.

 

In Abuja, Uyo, Port Harcourt, Ibadan, Enugu, Owerri and other locations, reports show that shoppers thronged Konga stores early on Thursday to see the items and price slashes on offer, with cash payment ranking as the most preferred means of payment.

 

Interestingly, many in-store shoppers also chose to place orders online for delivery of their items after concluding their selection.

 

The case was hardly different in Lagos where Konga stores in Surulere, Ikeja, Admiralty, Yaba, Trade Fair, Ikoyi, Ikorodu and Gbagada, among others, experienced increased human traffic from shoppers keen to be among the earliest to get their hands on the products and offers available.

 

For the first time since it instituted the annual Yakata sales as arguably the most anticipated event in the shopping calendar, Konga has added a new dimension with its network of retail stores also affording shoppers an opportunity to take part in the month-long sales.

 

In addition, the stores also provide a useful outlet for millions of unreached and under-served Nigerians in up-country locations who cannot partake in online shopping to experience the Konga Yakata sales.

 

The month-long shopping extravaganza will come to an end on Friday November 30th 2018.

 

Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University.

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eMaginations Unveils Fintech Budget-Friendly Press Release Distribution Platform

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eMaginations Comm, Nigeria’s leading technology public relations firm and publisher of Fintech Africa, has unveiled a budget friendly press release distribution platform for Fintech firms in Africa.

 

The budget friendly press release distribution platform, www.fintechafricapressreleases.com, is a self-service website as users can easily upload their press releases on the site unaided while payment for service is also web-driven and covers latest industry updates in FinTech, BankingTech, PayTech, RegTech, WealthTech, LendTech and InsurTech among others.

 

The site, which is hosted at www.fintechafricapressreleases.com connects the fintech firms seamlessly to thousands of professional journalists, influential writers and correspondents who are reporting the fintech beats for mainstream newsrooms and blogs across the continent.

 

In a statement signed by Sola Fanawopo, CEO of eMaginations and Editor-in-Chief of Fintech Africa, the Fintech press releases distribution platform is a product of long and demanding research, which is meant to offer strategic product for the Fintech ecosystem and the industry at large.

 

 

Besides creating different robust platforms to accommodate and engage thousands of Fintech innovators and strategists who peopled the ecosystem in Nigeria and Africa, eMaginations is the number one Fintech content driver that is pushing Fintech thought leadership to the media.

 

“The fintech-focused, self-service and budget-friendly press release distribution platform is one of the ways we are serving the Fintech ecosystem and Fintech firms in Nigeria and Africa. Our focus is on developing strategic services to serve the Fintech ecosystem through adopting different approaches such as bespoke events, Whatsapp-based engagements, web-driven platform and  magazine”, Fanawopo said.

 

The fintech press release distribution platform is built to address public relations needs of most Fintech firms and IT startups that are bootstrapping and conscious of their budget and; as such cannot afford the services of the traditional public relations agencies but are “desirous of telling their stories, celebrate milestones and share their perspectives on the growth and development of the fintech sector”.

 

In addition to other benefits, user’s press release would also be published on Fintech Africa (www.financialtechnologyafrica.com) and would be distributed to all leading stakeholders in the industry via Fintech Africa’s newsletter.

 

The fintech, budget friendly press release distribution platform is a partner to major organizers of fintech events and conferences and these partners would cover events, write and share reports to the media via www.fintechafricapressreleases.com.

 

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Airtel in Talks to Buy Telkom

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Bharti Airtel is in talks to buy Telkom Kenya, the East African nation’s smallest telecoms operator, to create a stronger challenger to market leader Safaricom, according to Reuters on Monday.

London-based Helios Investment, which owns a 60 percent stake in Telkom, is looking to partly cash out of the investment which it entered in 2015, the sources said.

Airtel, currently Kenya’s second-biggest telecoms operator, declined to comment. Number three Telkom was not immediately available to comment.

The move comes after the two companies held merger talks last year, only for them to abandon the plan. Telkom made the approach that time.

“Airtel is in the driving seat. They are leading the talks. Helios is partially cashing out,” said one of the sources.

The deal is expected to be completed by the end of this quarter, the sources said.

The sector regulator Communications Authority of Kenya said it was yet to be formally notified by the two operators of the latest attempt at a deal.

 

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Lagos Guber debate: ICT, security, education, others take centre stage

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Information technology, Security, education, health and fight against corruption were among areas that took the centre stage of discussion at the gubernatorial debate organised by the Diocese of Lagos West (Anglican Communion) on Monday.

 

The News Agency of Nigeria (NAN) reports that the governorship debate, held at the Archbishop Vining Memorial Church Cathedral, Ikeja had in attendance 12 gubernatorial candidates of Lagos State.

 

The governorship candidates harped on the need to improve on these sectors, being the indices of development and improvement on the economy of the state.

 

Mr Awamaridi Ifagbemi, governorship candidate of Labour Party (LP),  said that the party would fully commit itself to restructuring the educational sector by granting free adult compulsory education to all.

 

He also promised free internet connection throughout Lagos State, noting that people, especially the students, need information for the 21st century learning.

 

The Advanced Nigeria Democratic Party (ANDP) candidate, Dr Segun Musa said that his party would focus on the Blue Economy, which is a way to harness the abundance of waterways in Lagos.

 

“We need to develop the Blue Economy which is our natural habitat, the water in Lagos. We need to open up the waterways for fishing, tourism, transportation and agriculture,’’ he said.

 

The Peoples Democratic Party (PDP) candidate, Mr Jimi Agbaje, said that his election agenda was based on a tripod of Livability, Economy and the Future.

 

 

“We need to make Lagos State livable to all by providing all the basic amenities needed in the state. The transport section must be improved upon and there should be reduction in the man-hour loss in the traffic.

 

“We also need to make our graduates employable through provision of 21st century information technology that will give them an edge.

 

“There should be internet in every school for our school children. I see this as possible in Lagos,’’ he said.

 

The All Progressives Congress (APC) candidate, Mr Babajide Sanwo-Olu said that consolidation on the existing programmes of the state would be his priority.

 

“Lagos State is already blessed with abundance resources, so what we need to do is to consolidate on the existing programmes. We will improve upon what we have.

 

“We need to improve on our transportation system, education system by providing free internet service in our schools and other things.

 

“We have to improve on the training of our teachers by giving them training as a 21st century empowerment. We also need to collaborate with the private sector on the improvement of our power sector,’’ he said.

 

NAN reports that other candidates present at the gubernatorial debate include that of Labour Party, Prince Awamaridi Ifagbemi; Action Democratic Party (ADP), Mr Babatunde Gbadamosi; and National Conscience Party (NCP), Ven. Funsho Awe.

 

Others are: African Democratic Congress (ADC), Mr Muyiwa Fafowora; Alliance National Party (ANP), Mr Ladipo Johnson; Young Progressive Party (YPP), Mrs Adebisi Ogunsanya; Social Democratic Party (SDP), Mr Adetokunbo Pearse and Alliance for Democracy (AD) Mr Owolabi Salis.

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