Telecom
eCommerce: Kaiglo Stores launches operation, Pledges to Grow Local Brands
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Kaiglo Stores Limited has launched operations with a promise to offer Nigerians a different e-commerce experience.
Kaiglo is a marketplace that seeks to bring consumer’s favorite market closer to them through online trading, and to help entrepreneurs build brand recognition. It launched its operations in Lagos.
Speaking at Kaiglo’s launch on Wednesday, Victor Chukwuebuka Eze, Co-Founder and Chief Executive Officer, said that kaiglo is an online marketplace with a unique proposition for fashion entrepreneurs and market traders, Kaiglo aims to grow local brands and bring people’s favorite market closer to them no matter the location.
“As you may have observed from our site which went live today, we have a market section and a section for promoting local brands.
“Our mission is to connect traders with credible portfolio and gifted entrepreneurs alike to our online marketplace and help them win a wider and loyal customer following from the comfort of their workplace”, Eze said.
The CEO further disclosed that Kaiglo is poised to become the most reputable and credible platform to provide its users with affordable and authentic goods online, while giving its sellers the avenue to be transparent in their trade.
“There are some painpoints that buyers have complained about overtime. We are here to address these challenges to the best of our capabilities.
“For instance, Kaiglo wants to create an online market hub were several individuals can trade and engage in business activities.
“We also have the objective to develop a wide range of delivery network system across Nigeria that is built on efficiency, speed and customer values.
“You are aware that logistics is one of the issues that e-Commerce platforms face in Nigeria. We are going to be different”.
Explaining how they want to achieve efficient delivery network, the Co-Founder said, “Kaiglo only sees through the purchasing process between sellers and buyers, but orders gets delivered to the buyer without Kaiglo actually handling the physical product as we have several registered delivery service agents all networked into a single system to see through an effective and convenient means of order delivery.
This business model helps reduces the risk that might be encountered during shipping of an order, it quickens delivery time, and it is cost effective.
Mr. Eze also said ‘Store Hyperlink Sharing’ feature of Kaiglo, thus: “Kaiglo allows its sellers share their store unique hyperlink or the URL generated when their store was created on various media advertisement channels.
“As a seller, you can even share the hyperlink of a particular product available for sale on their social media handles (Facebook, Twitter, Instagram etc.)”, he added.
Telecom
SpaceSail, Kuiper Battle Starlink for Souls of Customers
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Elon Musk’s Starlink satellite internet network faces increased competition, with challenges from China’s state-backed SpaceSail and Amazon founder Jeff Bezos’s Project Kuiper.
SpaceSail, ased in Shanghai, signed an agreement to enter Brazil in November and started work in Kazakhstan in January, with plans to expand to over 30 countries.
Brazil is also negotiating with Project Kuiper and Canada’s Telesat for high-speed satellite internet services.
The yearly LEO satellite launches by the USA, China, Europe, Russia (formerly the USSR), and other countries are contrasted in this graphic through 2024.
Since 2020, Starlink has launched more satellites into low-Earth orbit (LEO) than all competitors combined, providing high-speed internet for remote communities, vessels, and militaries.
Beijing views Musk’s dominance in space as a threat and is heavily investing in rivals and military research to track satellite constellations. Last year, China launched a record 263 LEO satellites.
SpaceSail aims to deploy 648 LEO satellites this year and 15,000 by 2030, forming part of China’s international push into satellite broadband.
This rapid expansion has raised concerns among Western policymakers about Beijing’s potential influence on global digital infrastructure.
Telecom
Smartcash PSB Wins Outstanding Payment Service Bank at New Telegraph Awards
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Smartcash Payment Service Bank (PSB), a subsidiary of Airtel Nigeria, has been recognised as the Outstanding Payment Service Bank of the Year 2024 (Fintech) at the New Telegraph Awards, reaffirming its continued growth and reach of the PSB within the last year.
The award ceremony, which took place at the Lagos Oriental Hotel recently, celebrated Smartcash PSB’s commitment to providing seamless, secure, and inclusive financial solutions aimed at driving financial inclusion across Nigeria.
During his welcome address, The Managing Director and Editor-in-Chief of New Telegraph Newspapers, Ayodele Aminu, emphasized the need to recognize individuals and organizations who have made significant contributions across various sectors.
“The New Telegraph Awards was in place to identify and assess individuals or organisations who have played a significant impact in politics, governance, industry, and other sectors of life. We believe that acknowledging them will galvanize the awardees towards greater productivity and excellence in their various fields and we look forward to seeing the incredible impact they will continue to make,” he said.
Commenting on the award, Chief Executive Officer, SmartCash PSB, Ayotunde Kuponiyi said, “Receiving the Outstanding PSB of the Year 2024 (Fintech Award) from New Telegraph is a testament to our unwavering commitment to advancing financial inclusion and empowering MSMEs across Nigeria.
At SmartCash PSB, we remain dedicated to bridging the financial gap for underserved communities through innovative and accessible solutions. This recognition strengthens our resolve to drive economic empowerment and sustainable growth for millions of Nigerians.”
CEO of Airtel Nigeria, Dinesh Balsingh, remarked that the award was a reminder to the company of its commitment to excellent customer services. “The recognition by New Telegraph again reminds us as a business to remain dedicated to keeping the customer at the heart of our operations,” he said.
Since its launch, Smartcash PSB has continued to advance the digital payments landscape by offering secure payments, mobile banking solutions, and agent banking services, enabling seamless financial transactions for both urban and underserved communities.
The event had prominent guests in attendance, including former chairman of Nigerian Ports Authority and statesman Chief Bode George who was the chairman of the awards; Dr. Orji Uzor Kalu, publisher of New Telegraph; Mr Festus Keyamo, Minister of Aviation & Aerospace Development; and Senator Adams Oshiomhole, former governor of Edo State; among others.
Telecom
ATCON Warns of Nationwide Telecom Blackout over Diesel Shortage
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Association of Telecommunications Companies of Nigeria (ATCON) has raised alarm over a diesel supply crisis caused by an ongoing strike by National Union of Petroleum and Natural Gas Workers (NUPENG).
Tony Emoekpere, president, ATCON in a statement said that the fuel supply disruption is critically affecting telecom base stations, pushing them to the brink of a shutdown and threatening millions of mobile and internet users in the region.
“This strike, which stems from the persistent harassment of tanker and petroleum product drivers by police officers in Lagos State, has effectively halted all truck loading operations and fuel movements,” Emoekpere stated.
He explained that diesel supply to telecom infrastructure has been severely impacted, leaving critical sites with dangerously low fuel levels.
According to him, if urgent measures are not taken, the situation could escalate into a full-blown network blackout, disrupting essential services including mobile and internet access, business operations, emergency response systems, and daily communications.
ATCON has called on the governors of Lagos and Ogun states to intervene immediately by facilitating the release of diesel from depots to telecom operators to prevent further deterioration of the situation.
“This is not just a telecom issue—it is a national emergency that could cripple economic activities and compromise public safety,” Emoekpere stressed.
The association also appealed to security agencies and petroleum unions to resolve the crisis swiftly to safeguard Nigeria’s connectivity and economic stability.
ATCON emphasised that a prolonged disruption in fuel supply to telecom infrastructure could have far-reaching consequences for both businesses and individuals who rely on stable communication networks for daily operations.
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