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Oaklinks.NG Launches e-Commerce Services, Pledges to End Era of Sub-Standard Products

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Oaklinks.NG, a Nigerian e-Commerce website developed by a startup, has launched its range of services into the market on the month that the nation is celebrating its 61 years of independence with a promise to offer Nigerians top range of goods and services, particularly gadgets.

Mr. Olamide Adeyemi Kaka, chief executive officer, Oaklinks.NG

In a statement issued today, October 1st, to launch the e-Commerce website, Mr. Olamide Adeyemi Kaka, chief executive officer (CEO), said that his company wants to end the era when some people patronize mediocre outlets in order to get cheap and ineffective gadgets.

He said: “People underestimate their freedom to choose quality and how it can help shape a positive relationship attitude in a workplace as well as personal environment. Oaklinks.NG is not here to change that behaviour, instead we are here to revolutionise the attitude of people to getting goods, services and gadgets.”

He stated that Oaklinks.NG is driven by passion and the desire to become the highest technological standard in the country and beyond, saying that “this is why our investment ranges from professional services, to management, to commodities, forex, and gadget services. The aim is to be the standard of good customer services. And that is why our standards are redefined to bring the future to bear on the present through our unique niche of versatility, availability, reliability and affordability.”

According to him, the prime focus of is to  Oaklinks.NG  revolutionalise the form, the range and the speed of business solutions in the West Africa sub-region adding that Oaklinks.NG has a unique collection of experience that spans decade.

“We are fully exposed to the standards of current technology and are on a mission to expose our clients to the wide range of unlimited experience that our portfolio is capable of measuring up to.  Oaklinks.NG is more than capable to deliver outstanding results of value; away from the mediocre experiences of most consumers”, Kaka said.

The disclosed that the Oaklinks.NG team is driven by seasoned professionals who are experts in their various field of expertise and who are architects of creativity when it comes to Sales, Marketing, Brand Management, Digital Money and Content Marketing.

He said: “We lay corporate values bare for the world to see and analyze, thereby synergizing, innovation, competence, diversity and competition towards the accentuated success of our clients, stakeholders and the public; with a view to create globally competitive outfits and individuals.”

Kaka who said that his company is passionate about ensuring that her clients gain increase in their budgets, pocket desire, also encapsulate its foreign exchange services (FOREX).

He explained that Oaklinks.NG offer investment solutions with up to 200% return on investment (ROI) on any of its business license purchased in Forex and Commodities and also offer professional services on Human Resources management & outsourcing, Business development & Brand Marketing Activation.

The Oaklinks.NG CEO described himself as a mastermind of expertise in consumer experience and gadget application saying that he has worked across the West Africa sub-region; giving wings to start-ups and creating practical solutions for next level endeavors of companies and individuals.

He noted that along with other team members, the Oaklinks.NG brand is ready to build a map of diligence and success for the younger generation who are interested in career development and solution expertise across Nigeria and Africa.

 


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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

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Lagos Dominates NIN List as Nigeria Hits 117 Million Registrations

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National Identity Management Commission (NIMC) has announced a milestone achievement, with over 117 million Nigerians now enrolled for the National Identity Number (NIN) as of February 28, 2025.

Lagos State emerged as the top contributor to this figure, boasting over 12.6 million registrations, followed by Kano State with 10.2 million.

According to NIMC’s latest data, male registrants outnumber female registrants, making up 56.5% of the total enrollment at 66,281,803, while female registrants account for 43.5% at 51,079,521.

The report highlighted regional enrollment trends, showing an almost equal distribution across Nigeria’s northern and southern regions.

However, Bayelsa, Ebonyi, and Ekiti States recorded the lowest enrollment figures, with Bayelsa reporting a mere 758,111 registrations.

Lagos State dominated the charts with 6,870,915 males and 5,741,419 females registered, while Kano trailed closely, boasting 5,924,126 males and 4,321,929 females in its 10.2 million total registrations.

Other notable states in the top 10 include Kaduna, Ogun, Oyo, Katsina, and Rivers. NIMC expressed optimism about further improving enrollment figures in underrepresented regions in the coming months.


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DStv Revenue Plunges as MultiChoice Loses Nearly 4m Subscribers

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MultiChoice, Africa’s leading entertainment provider and operator DStv, has warned shareholders to brace for tougher times as the company struggles in a challenging economic climate.

DStv Revenue Plunges as MultiChoice Loses Nearly 4m Subscribers

MultiChoice has seen its DStv subscribers decline from over 23 million to 19.3 million in less than two years.

A huge portion of the subscriber loss happened outside its home of South Africa.

In an earlier statement, MultiChoice attributed the steep decline to economic pressures in key markets, particularly Nigeria.

“The loss in the rest of Africa has been primarily due to the significant consumer pressure in Nigeria, where inflation has remained above 30% for the majority of the last 12 months and, more recently, due to extreme power disruptions in Zambia,” the company said.

The company’s latest voluntary operational update, released in preparation for its financial results for the year ending March 31, 2025, reinforces the severity of its current challenges.

MultiChoice noted that the “challenging consumer environment has resulted in a decline in subscribers and limited revenue growth,” underscoring the financial strain faced by the company.

This development came amid increasing regulatory scrutiny, with Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) recently filing charges against MultiChoice for allegedly violating local regulatory directives.

 

 


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Court Fixes May 8 for Judgment in MultiChoice, FCCPC Dispute over Price Hike

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Justice James Omotosho of the Federal High Court in Abuja has fixed May 8 for judgment in the suit filed by MultiChoice Nigeria Limited against the Federal Competition and Consumer Protection Commission (FCCPC).

Court Fixes May 8 for Judgment in MultiChoice, FCCPC Dispute over Price Hike

Justice Omotosho fixed the date after lawyers representing the parties adopted and argued their written addresses for and against the suit.

The court had earlier restrained the Commission from taking “any administrative steps” against the plaintiff following an increase in the service price of two of its brands; DStv and GOtv.

The restraining order was a sequel to a formal request by MultiChoice seeking the court’s protection from planned sanction from the FCCPC, over the increase in the price of DStv and GOtv.

At the proceeding, the court granted the Commission’s request for an extension of time to regularise its processes and also allowed the plaintiff to withdraw its application for interlocutory injunction which has been overtaken by event.

Arguing its case, MultiChoice through Moyosore Onigbanjo, SAN, its lead counsel, submitted that the bone of contention is “whether the defendant have the right to control the price at which the plaintiff offers its services to the public.”

While acknowledging the regulatory powers of the Commission, the senior lawyer argued that the Act establishing the FCCPC did not confer on it the powers to regulate price or prevent anyone including the plaintiff from increasing its prices.

Besides, Onigbanjo stated that the issue of whether the defendant can regulate price has been litigated before between the two parties, adding that the Tribunal had held that the Commission has no powers to regulate prices of goods and services in the country, except the President of the Federal Republic of Nigeria.

The Plaintiff’s lawyer also submitted that even the president who is clothed with the powers to regulate prices has maintained “that his government does not believe in price control” but, that prices are determined by market forces of demands and supplies.

The plaintiff in addition submitted that if the FCCPC has no powers to control price “where does he have the powers to prevent the plaintiff from increasing price.

MultiChoice subsequently accused the Commission of discrimination, stating that all businesses in the country have been increasing their prices in line with economic conditions and inflation without the Commission raising an eyebrow, save with the plaintiff.

He, therefore, urged the court to grant all the reliefs sought in the suit.

While adopting his counter affidavit in opposition to the suit, Professor Joe Agbugu, SAN, lead counsel for the defendant, urged the court to first address the cause of action; which is the the issue of increase in the price of DStv and GOtv.

Agbugu disclosed that the Commission on February 25, wrote the plaintiff after it announced price increase effective from March 1, 2025.

According to the senior lawyer, MultiChoice was summoned to appear before the Commission on February 27, “they wrote that it was not convenient and proposed March 6. We then said that in the interim they should hold on with the price increment.”

Agbugu further stated that, “there was no issue of price regulation or fixing as at the time the action commenced.”

Besides, he claimed that the statute establishing the FCCPC, gave it “powers to check exorbitant pricing” and also powers to “regulate abuse of dominant position in the market” as it relates to prices and passing of cost to the consumer.

“The plaintiff occupies a dominant position in the television and entertainment,” Agbugu claimed, adding that the case before the court is not of price regulation but the powers of the Commission to investigate prices that are deemed exploitative and abuse of dominant position.

“The Commission is not to tell you to use price A or B but to determine that the price is exploitative” he said, “they ran away to be investigated over their planned action.

“Our action is not about price fixing; the issue is about whether the price is exorbitant…the mandate of the Commission is to protect the consumer.”

Reacting to the claim of discrimination, defendant’s lawyer, submitted that, “abuse of dominant position qualified them to be singled out for exorbitant pricing.”

Agbugu subsequently urged the court to strike out the suit and dismiss it because it attacks the major task of the Commission of protecting consumers.

“The suit should be dismissed and the plaintiff returned to us for investigation,” he added.

Responding, Justice Omotosho announced that, “judgment is reserved to May 8.”

 

 


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