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E-Business

Konga Yakata 2020 May Break New Records

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The 2020 edition of cis living up to expectations as arguably the most lucrative ever in the history of Nigerian e-Commerce, with Konga further set to record more hits as eager shoppers rush to participate in the global Black Friday sales which started on November 11 and will run until December 12, 2020.

Investigations reveal that Konga has raised the bar with the 2020 edition of Konga Yakata, an annual promotion widely regarded as the biggest sales event of the year in the Nigerian shopping calendar.

The e-Commerce giant has witnessed near record figures in orders placed as well as calls processed by its Customer Experience Team from prospective shoppers since the promotion kicked off on Wednesday, November 11, 2020. In addition, Konga has been proactive in meeting delivery timelines, currently averaging 95% of all orders placed since the commencement of Konga Yakata 2020.

Meanwhile, feelers reveal that traffic to the Konga website has continued to peak since November 11.

Feedback received from enquiries at Konga shows that Home & Kitchen appliances, Electronics, Computing, Mobile Phones, Wine & Spirits and FMCG products have recorded the highest patronage so far.

Further, Konga offline stores in various parts of Nigeria have also witnessed a steady flow of walk-in customers.

Reports from a number of stores in Lagos, Abuja, Owerri, Enugu, Uyo and Asaba, among others, indicate that eager shoppers turn up very early daily at most of these locations to take part in Konga Yakata.

Many also admitted to taking time out to visit the stores in order to see the products and pick up instantly without having to wait for deliveries.

Equally important, the management of Konga says it has put together an amazing line-up of offers and best-priced deals for this Thursday and Friday to test the capacity of the company to hit platinum in daily sales by November 27.

When contacted, Nick Imudia, co-CEO of Konga, reiterated his earlier submission that Konga is determined to beat any price in the market for only genuine products in line with its status as an ethical brand that prides itself on stocking only authentic products sourced direct from its manufacturers.

Konga Yakata, which is Africa’s equivalent of the popular BlackFriday in the United States,has been instituted by Kongato recognize the importance of black people in global commerce sector – a factor that has resulted in its huge acceptance in Nigeria where it is regarded as the biggest sales event of every year.

Konga Yakata runs from November 11 till December 12 across all Konga retail channels.

Konga Yakata 2020 is supported by a host of top brands such as Samsung, HP, DELL, Zinox, Intel, Coca-Cola, Infinix, Hennessey, Visa, Nivia, ITEC, Lenovo, ASUS, Nestle, Tecno and many other OEMs.


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E-Business

Nigeria Strengthens Cybersecurity, Launches National Cleanup Plan

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Nigerian government, through the Office of the National Security Adviser (ONSA) and the National Information Technology Development Agency (NITDA), has announced a strategic collaboration to strengthen cybersecurity and clean up the nation’s cyberspace.

Nigeria Strengthens Cybersecurity, Launches National Cleanup Plan

Recognizing that cybercrime knows no borders, Nigeria also reaffirmed its commitment to fostering stronger global partnerships within the cybersecurity ecosystem.

This announcement was made during a press conference before the inaugural National Cybersecurity Conference, which is scheduled to take place in Abuja from July 9th to 11th, 2025.

Sa’ad Abubakar, national cybersecurity coordinator from the Office of National Security Advisor, said fighting cybercrime must take the whole of society and the whole of the government approach.

According to him, “Apart from the deterrent approach whereby government agencies such as Economic and Financial Crimes Commission (EFCC) arrest individuals, take them to court and prosecute them, the youth can be nurtured into better citizens who can showcase their capacity in better ways and be useful to the country.”

Similarly, Kashifu Abdullahi, director-general, NITDA,  also stressed the need for collaborative efforts in fighting cybercrimes.

According to him “Then, in addition to that, we also want to build a stronger global collaboration with the global cyber security ecosystem, because when you look at cybercrime in general, it doesn’t respect the borders.

“Someone can commit a crime from Ghana using a Nigerian ID in the US. So you can look at him physically in a different jurisdiction, pretending to be in another jurisdiction, committing the crime in another jurisdiction.

“So without that kind of synergy and working together, it will be difficult to address these challenges. The third one is challenge. The third one is getting an alternative to cybercrime for our kids in Nigeria. We have this as a major challenge.”

Inuwa further highlighted the upcoming conference’s importance, noting that it would tackle key issues through workshops, discussions on emerging threats, cross-border cybersecurity collaboration strategies, and training programmes.

He also announced that the National Cybersecurity Conference 2025 would feature the Cybersecurity Excellence Awards, recognising top contributions in the field.

The DG extended an invitation to global partners to collaborate with Nigeria in building a safer digital future.

The press conference was attended by notable figures, including Ahmad Sa’ad Abubakar, National Coordinator of, the National Cybersecurity Coordination Centre (NCCC); Hanniel Jafar, Representative of the President, of Cyber Security Experts Association of Nigeria (CSEAN); Ankit Shukla, Managing Director, QNA Marketing Management LLC and members of the press and other stakeholders.


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E-Business

AXIAN Telecom Invests in Jumia Post-MTN Era

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XIAN Telecom has acquired an 8% stake in pan-African e-commerce company Jumia Technologies, citing the platform’s fintech and logistics strengths as key drivers of its backing.

This marks the first major telecom investment in Jumia since MTN Group’s exit in 2020.

AXIAN, a fast-growing telecom and digital services provider with operations across Africa, disclosed the purchase in a Schedule 13D filing with the U.S. Securities and Exchange Commission.

While the financial terms were not disclosed, AXIAN Telecom CEO, Hassan Jaber, described the move as a strategic alignment with Jumia’s growth trajectory and digital ecosystem.

“Jumia’s achievements in digital retail and fintech, particularly through JumiaPay and its logistics network, make it a very attractive investment for us. We believe in Jumia’s potential to promote financial and economic inclusion, which aligns with our core values,” said Jaber.

Once dubbed the “Amazon of Africa,” Jumia became the first African-founded tech company to list on the New York Stock Exchange in 2019.

But years of underperformance, leadership changes, and competitive pressures dented investor confidence.

In October 2020, South Africa’s MTN Group offloaded its 18.9% stake for $138 million, well below the $698 million value it once held post-IPO.

Since then, Jumia has undergone a significant transformation. Under CEO Francis Dufay, appointed in 2022, the company exited low-performing markets like South Africa and Tunisia, cut costs, and doubled down on core markets – Nigeria, Kenya, Egypt, and Morocco.

The firm is now focused on high-growth verticals, including everyday essentials and digital financial services.

Jumia’s regional CEO for East Africa, Vinod Goel, recently revealed plans to scale up international brand offerings and open its logistics network to third-party businesses.

Jaber underscored that AXIAN Telecom’s investment signals renewed confidence in Jumia’s long-term potential.

The telecom firm’s CEO said the company views Jumia as a key player in advancing Africa’s digital economy, aligning with AXIAN’s mission through its fintech and digital infrastructure brands such as Yas and Mixx by Yas.

 


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NIMC Plans to Register 95 Percent Nigerians by December

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Abisoye Coker-Odusote, director general, National Identity management commission (NIMC) has said that the commission is set to register 95 percent of Nigerians into the National Identity Database before December 2025.

NIMC Plans to Register 95 Percent Nigerians by December

Abisoye Coker-Odusote,, DG, NIMC

She made this statement at a press briefing to highlight the commissions goal aligns with President Bola Tinubu’s Renewed Hope Agenda, particularly on digital governance and inclusive development.

The mass enrollment drive will be powered by a combination of improved infrastructure, expanded registration centres, and robust public sensitization campaigns.

As of May 2025, NIMC reports over 120 million Nigerians have been enrolled, and about 100 million more would be captured by December.


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