E-Financial
8 Reasons Why You Should Wait for Konga Yakata
For all it is associated with, November is perhaps most famous for hosting the annual celebration of global consumerism. Black Friday, as it is known in the United States where the term originated but more fittingly re-christened Yakata by Nigeria’s e-Commerce giant Konga, is a period when prices are expected to crash or fall Yakata in the local parlance.
If you are one of the savvy Nigerians with an eye for the best deals and prices this Black Friday season, then you would know by now that, you are better off waiting for Konga Yakata. If you are still in doubt, here are six reasons why you had better wait until November 8th 2018 to get those items on your long shopping list:
1.Biggest Shopping Event of the Year: Konga Yakata holds the enviable record of being the single biggest shopping activity of the year, going by the sheer volume of products and deals made available online and offline for the 20-day-long shopping extravaganza. This year, millions of items are going on sale from Thursday November 8th through Wednesday, November 28th 2018. No other sales event comes close.
2.The name Yakata says it all:Yakata, in the local parlance, means crashing or a heavy fall. Konga Yakata is synonymous with crazy discounts on all categories of products: mobile phones, laptops/computing products, electronics, home/kitchen appliances, fashion items, wine/spirits, consumer goods and much more. In line with the Yakata theme, these prices are by the far the most competitive you will ever find in the market at this time of the year, so why spend more when you can just enjoy Yakata?
3.Why wait for Fridays when you can Yakata every day? One of the most important reasons you need to embrace Yakata like a long-lost friend is simple: every day is Konga Yakata. You do not have to delay or wait for specific days immediately the whistle goes for the Konga Yakata feast. From November 8th, you can shop to your heart’s content every day until November 28th. In addition to enjoying the same Yakata prices every day, there are also flash sales, treasure hunts and other special give-away to spice up the month-long mega event. Amazing, right?
4.Online and Offline – Konga Yakata has got you covered: With Konga Yakata, you have a choice. While everyone else is involved in the mad rush online, you can simply walk into any Konga store nearest to you to do your Yakata shopping without much stress. What’s more, you can place your orders online and choose to pick up the items yourself at a Konga store of your choice. Conversely, you can walk into any Konga store, check out the items in-store and still choose to place your orders online right there in the store for onward delivery to your doorsteps – home or office. What about your friends, families, parents or enemies who reside in far-flung locations in Nigeria where online shopping is still a myth? Not to worry! They can also partake in the shopping fiesta simply by walking into a Konga store in their location.
5.Multiple payment and delivery options with no stories: You can pay cash at any Konga store, pay online, pay through Konga Pay or pay on delivery of your item. These are just some of the multiple payment options you can count on during Konga Yakata. Also, you don’t have to endure delayed deliveries of your items, as is often the case during this busy shopping season. With Kxpress, a world-class in-house logistics company, you are assured swift delivery of your orders nationwide. Plus, you can simply choose to personally pick up your items at the nearest Konga store at your own convenient time.
6.Guaranteed Genuine Products: Let’s face reality. Black Friday season is synonymous with the influx of loads of fake or sub-standard products which find their way into the hands of unsuspecting shoppers, eager to get a bargain. What’s the benefit of spending your hard-earned money on fake products when you can wait for Konga Yakata? With Konga, you enjoy the added confidence of knowing that every item you purchase is sourced directly from the Original Equipment Manufacturers (OEM).
7.Konga Yakata is proudly indigenous: For the benefit of the uninitiated or those who do not know, Black Friday is a foreign tradition which has been imported by several cultures but hardly adapted to suit local realities. With Konga Yakata, which has remained for successive years a sales event worth looking forward to, you will be taking part in an activity which takes into account the peculiarities, traits and idiosyncracies that contribute to shaping the shopping habits of the average Nigerian. Konga Yakata accommodates the innate yearning of the Nigerian shopper who would naturally like to feel, touch and see the product in action before parting with his/her hard-earned money; Konga Yakata makes provisions for the unreached, the under-served Nigerians in the hinterlands and rural areas who have no access to the internet but who can walk into a nearby Konga store to shop; Konga Yakata appeals to the disposition of the shopper who craves the personal touch, warmth, welcoming smile and royal attention that the physical interaction with a store representative brings. Most importantly, Konga Yakata indulges the impatient Nigerian shopper who would rather prefer to go and pick up the item in the store than wait for it to be delivered.
8.Konga Yakata has the most melodious tune: You can’t just stop yourself from moving to the wavy tune of the Konga Yakata jingle or get drawn into the visuals. If in doubt, please click here and here
Enjoy!
Sofri, Powered by Links Microfinance Bank plans a massive rollout of Point of Sale, PoS terminals for merchants and agency banking in the third quarter of this year.
This is coming against the backdrop of the banks revamp of its digital platforms to support better customer experience.
Paul Adebayo, managing director, Sofri, said the bank is technology and purpose-driven, with focus on financial inclusion and sustainability. As well with the determination of making banking simpler, inclusive, and impactful.
He said that the revamped mobile app features, faster onboarding, cleaner interface, real-time alerts, enhanced security and seamless loan applications.
“Our corporate internet banking Launched for SMEs and institutional clients features, secure payments, transfers, account management and enhances business banking experience.
“Laying the groundwork for greater reliability, product innovation and operational efficiency is our new core banking infrastructure. This change enables us to scale faster and serve customers better.
“Our Terminal Management System (TMS) improves the performance, uptime, and remote monitoring of our POS terminals. This ensures merchants and field agents enjoy better stability, quicker settlements, and stronger support,” he added.
On sustainability impact, Adebayo, added that Sofri is embedding ESG principles into its lending and operational models — from offering green financing options, to supporting waste-to-wealth entrepreneurs, and making inclusive finance part of Nigeria’s circular economy.
Sofri is a trademark of Links Microfinance Limited (Links Mfb). Links Mfb is licensed and regulated by Central Bank of Nigeria (CBN) and deposits insured by the Nigeria Deposit Insurance Corporation (NDIC). Links Mfb is a member of DLM Capital Group, owners of DLM Asset Management as regulated by the Securities and Exchange Commission (SEC).
Current market research has confirmed that buyside investors are increasingly focused on high-growth sectors such as small businesses and consumer lending— sectors that fuel both the demand and supply sides of the economy.
However, capital allocation to these areas requires robust risk mitigation frameworks to preserve principal and ensure returns that are not just economically viable but outpace inflation.
Against the backdrop that DLM Capital Group has developed an innovative solution – the Sovereign Bond Backed Composite Notes (SBCNs) to meet this critical economy needs.
According to Sonnie Babatunde Ayere, the Group CEO of DLM Capital Group, “We believe that the consistent issuance of SBCNs by qualified entities will play a key role in de-risking corporate bond portfolios.
“By blending sovereign-backed security with enhanced yield exposure, portfolio managers gain a rare opportunity to simultaneously increase portfolio safety and performance”.
The first of its kind fixed income product combines the security of direct sovereign bond-backed principal protection, such as FGN Bonds, with the enhanced yield potential of corporate and consumer lending cash flows. This hybrid structure, the first of its kind in the local market, merges public-sector credit safety with private-sector income generation.
The instrument is designed as such that the private sector credit tranche will be secured by the FGN-bonds, which will be the senior tranche.
The N30 billion Sovereign Bond Backed Composite Notes issued by DLM Funding SPV Plc is being packaged as a AAA-rated note. With a held-to-maturity yield of 49.9 percent, the notes are designed to be attractive to institutional investors seeking a balance between capital preservation and superior returns.
Sonnie Babatunde Ayere, noted about the SBCN, “For asset managers, it enhances portfolio quality, improves credit profiles, supports diversification, and delivers competitive returns.
In a media parley describing the instrument, Ayere highlighted the role of the instrument in driving credit expansion to the underserved private sector. He highlighted how the note could help drive institutional capital into sectors that were previously considered too risky.
“By channeling domestic capital into these critical but underserved sectors without exposing investors to excessive risk, it becomes possible to mobilize funding for parts of the economy that have long been neglected.” He added.
E-Financial
Fidelity MD,Onyeali-Ikpe Champions Lifelong Learning and Sisterhood for Women’s Career Growth
Dr. Nneka Onyeali-Ikpe, Managing Director and Chief Executive Officer of Fidelity Bank Plc, has encouraged women professionals to embrace continuous learning, courage, and collaboration as key habits for achieving long-term career success and breaking through professional barriers.
Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe, OON, (Middle) flanked by participants of a Women’s Roundtable themed, “Mentorship with Dr. Nneka Onyeali-Ikpe” hosted by the bank over the weekend at the Fidelity SME Hub, Gbagada, Lagos recently.
She gave the charge during a Women’s Roundtable hosted by the bank over the weekend at the Fidelity SME Hub in Gbagada, Lagos. Themed “Mentorship with Dr. Nneka Onyeali-Ikpe”, the event drew female professionals from various sectors and was held under the Recognition and Networking arm of the bank’s HerFidelity Proposition—a flagship initiative designed to empower women entrepreneurs and professionals across Nigeria.
Explaining the vision behind HerFidelity, Dr. Onyeali-Ikpe noted that the initiative was born out of a strong need to provide women with holistic support beyond access to finance.
“In my engagements with women across different industries, I’ve seen first-hand that while talent and ambition abound, many still lack access to capital, skills development, health support, and networks,” she said.
“HerFidelity was created to bridge that gap by focusing on four key pillars: access to capital, capacity building, wellness for work-life balance, and entrepreneurship support. It’s one of the initiatives I’m most proud of, because when women thrive, communities prosper and economies flourish.”
The interactive mentorship session, held in a Q&A format, offered participants an opportunity to learn directly from the trailblazing CEO, who shared personal experiences and career insights.
Advising young women aspiring to leadership, she said: “Believe in yourself, be ready to work hard, and never shy away from taking smart risks. Seek out mentors, invest in meaningful relationships, and above all, collaborate—because no one truly succeeds alone.”
The event also featured fun competitions and giveaways, with attendees winning exciting gifts courtesy of Fidelity Bank.
Dr. Onyeali-Ikpe’s session left participants inspired, reinforcing Fidelity Bank’s position as a champion for gender empowerment and a leading supporter of women’s advancement in business and leadership.
MTN Says New N6.98 USSD Charge Won’t Affect Airtime Recharge
Sofri Rejigs Digital Platforms for Better Customer Experience
DLM Group Unveils Innovative Sovereign Bond Backed Composite Notes
Study Reveals 7% of Industrial Organizations Tackle Vulnerabilities Only When Necessary
NITDA, NCFRMI Forge Strategic Alliance for Inclusive Digital Transformation of Displaced Nigerians
General News3 days agoNASRDA, Galaxy Space Firm Sign MoU on Satellite Connectivity
Telecom3 days agoOver 1m Nigerians Reached through MTN Staff’s Digital and Community Outreach
Telecom3 days agoMafab Gets 0724 Number Series, Launches Mcom 5G Brand
News3 days agoDBN Awards N13m in Grants to Tech Startups
Telecom3 days agoNCC to Name, Shame Telecom Infrastructure Vandals
News3 days agoFCCPC Shuts France, Belgium, and Italy Visa Centres in Abuja Over Alleged Consumer Rights Violations
Telecom3 days agoWSIS Review: Nigerian ICT Leaders Urged to Shape Global Digital Future
E-Financial3 days agoBank Customers Petition CBN over Illegal Deductions, Demand Action