Connect with us

News

Konga Yakata Raises Anticipation & Excitement of Shoppers

Published

on

Kindly share this post

Anticipation and excitement is on the rise as Nigerians eagerly await this year’s edition of the Black Friday sales popularly re-christened Konga Yakata by Nigeria’s e-Commerce giant, Konga which kicks off by midnight on Thursday November 8th 2018.

 

Konga Yakata – widely regarded as the biggest sales event of the year – will run every day from November 8th – 28th 2018 online @ Konga.com and offline in every Konga retail store nationwide.

 

In addition to offering shoppers unmatched discounts on a wide variety of products including mobile phones, laptops/computing items, home/kitchen appliances, electronics, consumer goods, wine/spirits, food items and much more, Konga Yakata is also set to unload a variety of surprises and freebies for shoppers including flash sales, treasure hunt and special give-away on specific days of the month-long campaign.

 

Already, a number of shoppers have expressed their determination to stay up until the early hours of Thursday November 8th in order to be among the first to take advantage of the crazy deals and massive price slashes on offer from Konga Yakata.

 

“Last year, I spent the sum of N600,000 for Konga Yakata as I had just moved into a new apartment which required some furnishing and I must state that I was amazed at the number of items I was able to shop with that budget.

 

The prices on offer were unbelievable and most importantly, the items were all delivered on time.

 

Also, I did not have to worry about being sold inferior quality or fake products as is the case with other unreliable platforms,” disclosed Emmanuel Iwu, a mid-level executive of a new generation bank.

 

Emmanuel further stated, “This year, I have been patiently waiting and finally, the D-Day is almost here.

 

“I will be among those eagerly waiting for the stroke of midnight on Thursday to commence my Black Friday shopping,” he declared.

 

Also expressing her thoughts at the shopping fiesta, Mrs. Bolanle Awe – a regular shopper at Konga, disclosed that the opportunity to enjoy an offline version of the Konga Yakata sales were among the special attraction for this year’s sales.

 

“In previous years, it was a struggle competing with millions of Nigerians for the Konga Yakata products and special deals online.

 

“This year, Konga has expanded the shopping options available for customers with their retail stores and this made it easy for me.

 

“I have already decided on the Konga store where I will be doing my shopping the moment their doors open on Thursday and the good thing is, I can pay cash and pick up my items same day.

 

“I am so excited and my friends and colleagues are all looking forward to this year’s Yakata,” Mrs. Awe concluded.

 

In addition to the opportunity to shop online and in any Konga retail store nationwide, shoppers can also enjoy flexible payment options for Konga Yakata including online payment, through Konga Pay and payment on delivery – with the latter option proving very popular since it was re-introduced in August 2018.

Shoppers can also take advantage of the swift delivery provided by Kxpress, Konga’s world class, in-house logistics company and the option of personally picking up their items at any Konga retail store of their choice, a unique feature which sets Konga Yakata apart in this year’s Black Friday’s sales.

 

Obi Ikeagu, an e-Commerce analyst, stated that “One of the major problems faced by Nigerian e-Commerce players during and after Black Friday is the deluge of undelivered or unfulfilled orders as a result of the spike in traffic which is a feature of the heavy shopping season.

 

“Most times, shoppers have no choice but to face cancellation of their orders as a result of the failure to meet up with their deliveries by these e-Commerce companies who are often overwhelmed and under immense pressure.

 

“This is why the Konga nationwide network of brick-and-mortar stores presents a very interesting dynamic for this year’s Black Friday sales.

 

“Many savvy shoppers who have had their fingers burnt in previous years now have a choice: place your orders online and choose to pick up in a Konga retail store nearest to your location or simply walk into the store to do your Yakata shopping and walk away with your items without any stress. It is a game-changer for e-Commerce in Nigeria.”

 


Kindly share this post

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. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

News

Detained Binance executive drags EFCC, NSA to court

Published

on

Kindly share this post

Binance executive Tigran Gambaryan has has dragged the National Security Adviser Nuhu Ribadu and the Economic Financial Crimes Commission (EFCC), to court alleging violations of his fundamental rights.

Binance

In a filing dated March 18 and presented by his lawyer Olujoke Aliyu from Aluko and Oyebode Law Firm, Gambaryan sought redress before Justice Inyang Ekwo, requesting five reliefs. Similarly, Nadeem Anjarwalla, Binance’s Africa regional manager who escaped custody on March 22, initiated a separate suit before Justice Ekwo.

Gambaryan and Anjarwalla, in the suits marked: FHC/ABJ/CS/356/24 and FHC/ABJ/CS/355/24, had sued the Office of NSA (ONSA) and EFCC as 1st and 2nd respondents.

Gambaryan, a US citizen overseeing financial crime compliance at the crypto exchange platform, alleged that his detention and the confiscation of his international travel passport violated Section 35 (1) and (4) of the 1999 Constitution, constituting a breach of his fundamental right to personal liberty. He further requested the court to order his immediate release and the return of his passport. Additionally, he sought an injunction preventing further detention related to any Binance investigations and demanded a public apology from the respondents, along with costs incurred.

Gambaryan stated that he visited Nigeria on February 26 alongside Nadeem Anjarwalla, representing Binance, in response to invitations from ONSA and EFCC. Despite attending the meeting as requested, both were detained afterward without formal charges.

During the court proceedings, T.J. Krukrubo, SAN, representing Anjarwalla and Gambaryan, informed the court of the respondents’ absence despite being served. Krukrubo also mentioned their notice of withdrawal of legal representation for Anjarwalla, filed on March 26.

Justice Ekwo noted the withdrawal of legal representation and adjourned the matter to April 8 to allow the applicants to seek new representation and give the respondents an opportunity to appear.

In Gambaryan’s case, Krukrubo stated that although the processes were served on ONSA and EFCC, they still had time to respond. He requested an adjournment, indicating that the respondents’ deadline to file their applications would expire the following week.

Consequently, Justice Ekwo scheduled the next hearing for April 8 to continue proceedings.


Kindly share this post
Continue Reading

News

AXA Mansard Empowers Female SMEs with Financial, Digital Skills

Published

on

Kindly share this post

AXA Mansard, a member of AXA has empowered 200 female Small and Medium Enterprises with financial literacy and digital business skills.

In collaboration with SME 100 Africa, the two-day training, which was held in Lagos, is part of AXA’s lined-up programmes to commemorate this year’s International Women’s Day.

Speaking, Olusesan Ogunyooye, Head of Marketing AXA Mansard, said the training was aimed to empower female SME owners with skills to improve business output and position them for the increasing economic opportunities available in an increasingly digital marketplace.

Ogunyooye noted that the move was in line with AXA Mansard’s sustainability agenda, explaining that the company was convinced that support for women through its inclusive protection programmes was pivotal to its purpose of acting for human progress by protecting what matters and its mission of moving from being a payer to a partner.

He further said that focusing on digital skills was important because the company realised the importance of digital skills to the growth of the SME sector in Nigeria and wants to ensure that women were empowered enough to be a consequential part of that growth.

“It’s almost trite to say that SMEs are the engine for economic growth, especially in developing countries like Nigeria, where over 45 million adults are business owners. What needs to be continually discussed is how Nigeria is going to unlock that potential for economic development and how much of that potential will be unlocked by women and for women.”

“For us at AXA Mansard, we are aware that digital will play a major role in unlocking these current opportunities and Nigeria’s economic future. So, to ensure that women are equally represented in unlocking these future potentials, that’s why we have collaborated with SME 100 Africa to support them in developing the required skills”.

“Our choice of digital and financial literacy skills is deliberate. We understand the power of the duo. We understand that helping these SMEs with the skills to attract more customers will be a faster means to empower them.

“We see that they have amazing products and services, but they need to understand how to attract value for themselves by attracting the right customers, and you will agree with me that virtually all customer segments are online in one way or another today.

“So, if we can empower them with digital business skills, we would have helped them with the heavy lifting of trying to find and attract customers”. Ogunyooye explained.

According to him, AXA Mansard believes that for the world to experience progress truly, there must be an equitable distribution of creation and access to opportunities for men and women. This quest for balance informed the SHE for Shield initiative, a women-centred inclusive protection programme of AXA Mansard.

SHE for Shield is a group of initiatives designed for the Nigerian woman. The goal is to see them grow, add value, and help them mitigate risks at every step.

According to the company, research has found that access to health care is one of the most important things to Nigerian women, regardless of their economic segment. They desire to be financially independent, secure, and respected in the community.

 


Kindly share this post
Continue Reading

News

IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa

Published

on

Kindly share this post

IFC is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture capital firm focused on supporting early-stage African technology companies across a broad set of sectors, including fintech, e-commerce, edtech, climate tech, and health tech.

IFC’s investment in 4DX Ventures Fund III will come from IFC’s $225 million venture capital platform, which was launched last year to strengthen emerging VC ecosystems and invest in early-stage companies in Africa, the Middle East, Central Asia, and Pakistan.

Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023. Access to capital on the continent has been further exacerbated by a slowdown in global venture capital investment.

Tech ecosystems are nascent, or even nonexistent, outside of more established markets such as Egypt, Kenya, Nigeria, Senegal, and South Africa.

“IFC and 4DX Ventures share the commitment to supporting tech entrepreneurs with innovations that will help Africa leapfrog in critical areas such as climate, health care, fintech, e-commerce, and education,” said Walter Baddoo, Co-Founder and General Partner of 4DX Ventures.

“We look forward to partnering with IFC to help promising tech startups build transformative businesses and realize sustainable development impact on the continent.”

4DX’s new fund will invest in companies with tech solutions that can improve productivity, efficiency and competitiveness across Africa. The firm’s first two funds invested in companies such as Egypt-based e-commerce platform MaxAB, an IFC portfolio company; Ghana-based health tech firm mPharma; and Kenya-based B2B e-commerce platform Wasoko, formerly known as Sokowatch.

“By supporting the development of tech ecosystems in emerging markets, IFC’s venture capital platform aims to improve access to key services, boost business competitiveness, and promote job creation through digital transformation,” said Mohamed Gouled, Vice President of Industries at IFC.

“Our investment in venture funds such as 4DX Ventures will help African entrepreneurs access more financing and resources they need to scale tech innovations and bolster sustainable growth across the continent.

In addition to providing capital, IFC will work with 4DX Ventures to implement their environmental and social management system.


Kindly share this post
Continue Reading

Trending