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Alerzo Group CEO Joins other Founders to Chart Way Forward for Retail Business in Nigeria

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In line with promoting Nigeria’s retail sector through technology, founders of tech startups, stakeholders and enthusiasts converged for several panel discussions, exhibitions, learning and networking at the Lagos Startup Week (LSW).

L-R: Paystack Startup Programs Lead, Nubi Kay; Klump CEO, Celestine Omin; Founder/Group CEO of Alerzo,Adewale Opaleye; TeamApt Business Lead, Temitayo Ajao and CEO of BUMPA, Kelvin Umechukwu, at the session of ‘Future of Consumers and Consumers Trade(Payment, Retail and Trade)’ during the 2022 Lagos Startup Week (LSW) held last Thursday at Federal Palace Hotel, Victoria-Island,Lagos.

The six-day event which was held from July 25 to 30 in Victoria-Island, is the sixth edition and witnessed over 3000 attendees and 100 speakers.

One of the sessions on day four, which centred on ‘Future of Consumers and Consumers Trade (Payment, Retail and Trade)’ had Alerzo Founder/Group CEO, Adewale Opaleye; Paystack Startup Programs Lead, Nubi Kay; Klump CEO, Celestine Omin; TeamApt Business Lead, Temitayo Ajao and CEO of BUMPA, Kelvin Umechukwu as panel discussants.

Opaleye noted that the theme of the discussion was very important to talk about as there was a need to encourage retailers to move away from the old way of doing things to embracing technology.

He, alongside the panelists highlighted a number of gaps in the retail sector, which the imploring of technology, collaboration of different tech Startup founders and harnessing of their areas of expertise could help solve.

“At the end of the day we all need partners. We need to come together to achieve great things, we need to consolidate on what each of us has done really well and bring fantastic solutions,” Opaleye pointed out.

He stressed how it is necessary for retailers not to shy away from technology, while narrating Alerzo’s strides in solving the problems in the retail sector, as it owns over 400 vehicles which it uses in delivering fast moving goods (FCMG) to customers.

Also, how it has geo mapped areas of coverage and helped develop softwares to provide banking solutions to customers.

“Retailers need to move away from the old ways of doing business to embracing technology…To provide a solution to the problem of logistics we ended up doing something unthinkable by buying a fleet of vehicles and owning our warehouses.

“We also developed our software. We do deliveries within four hours of order because we own our entire vehicles. After sometime we noticed that a lot of our retailers go home with cash. So we ended up building bank solutions for our retailers,” stated Opaleye.

On what influenced the logistics aspect of owning a fleet of vehicles and not working with existing logistics firms, Alerzo Group CEO made clear that the tech firm wanted the best for its customers.

He stated: “No one has built efficiency the way we want it so we do delivery in four hours versus other players that do it the next day. That is a very key factor for us and as we scale up the business we are looking for partners hoping to key into our vision to actually offer quick and same day delivery to all our retail partners.”

Speaking on what the future holds, he expressed hope as he buttressed: “There is a very bright future for space. Retailers are waking up to understand that it is high time technology would change most of the problems.

“This at the end of the day makes the lives of consumers very easy because they would have products when they want them.”

 


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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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Konga Announces Mid-Year Shopping Festival

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Konga, Nigeria’s leading e-commerce giant, is thrilled to announce the third edition of its highly anticipated Mid-Year Shopping Festival. This epic sales campaign, which runs from June 1st through July 31st, 2024, offers two months of intense price slashes across all product categories. It promises to be the biggest discount sale in the first half of the year, rivaled only by Konga’s legendary Black Friday extravaganza, Yakata.

This year’s Mid-Year Shopping Festival holds even greater significance, as it coincides with Konga’s 13th anniversary. To celebrate this milestone and reward loyal customers, Konga has pledged massive discounts on a staggering range of products.

Partnering with renowned global brands such as Apple, Samsung, HP, Lenovo, Starlink, L’Oreal, Haier Thermocool, LG, Nestle, and others, Konga is offering shoppers genuine products at irresistible prices. The e-commerce giant has pledged massive discounts across all categories and products, including Fast Moving Consumer Goods (FMCG), Home and Kitchen Appliances, Electronics, Computing, Mobile Phones, Wine & Spirits, Fashion, and much more. Whether for personal use or bulk purchases, Konga’s Mid-Year Shopping Festival presents an opportunity for customers to make significant savings on their favorite products.

“We are incredibly excited to kick off our Mid-Year Shopping Festival and celebrate Konga’s 13th anniversary with our esteemed customers,” said Kunle Ajani, Head of Marketing at Konga. “At Konga, we are dedicated to providing our customers with genuine products at unbeatable prices. It is our way of saying thank you for your unwavering support over the years.”

In addition to the massive discounts, the Mid-Year Shopping Festival will feature exciting events such as Flash Sales, Treasure Hunts, and Live Auctions on specific campaign days. These events offer customers the opportunity to snag incredible deals and win exclusive prizes while enjoying the thrill of the shopping experience. Furthermore, Konga is extending special deals to walk-in customers at Konga stores, providing another avenue for shoppers to access exclusive discounts and savings.

Adding to the excitement, Konga will launch its revolutionary delivery solution, KongaNow, which enhances customers’ overall shopping experience through free same-day delivery in the major cities in Nigeria. This novel delivery service is set to redefine the standards of e-commerce by providing efficient delivery and ensuring that customers receive their orders promptly. Konga’s dedication to providing top-quality products, exceptional service, and unmatched discounts reflects its unwavering commitment to ensuring that customers receive maximum value for their purchases.

“We understand the importance of providing our customers with a seamless and enjoyable shopping experience,” said Mr. Ajani. “That’s why we’re thrilled to introduce KongaNow, our innovative delivery solution that offers free same-day delivery. With KongaNow, shoppers can enjoy the convenience of receiving their orders on the same day, completely free of charge.”

The excitement extends beyond the shopping experience! KongaPay, a member of the Konga Group, adds to what shoppers gain during the Mid-Year Shopping Festival. Enjoy the convenience of free transfers to any bank account within Nigeria while making your Konga purchases. Additionally, get rewarded for taking care of your everyday needs. For every airtime/cable TV/data/utility bill payment made using KongaPay, you’ll receive a 5% cash back (capped at N500). This empowers you to save even more while managing your essential bills conveniently.

June is already shaping up to be the hottest month for deals and discounts, courtesy of Konga’s latest promotional blitz. During the Mid-Year Shopping Festival, you can confidently purchase genuine products from reputable brands. This commitment to authenticity ensures you get the quality and performance you deserve for your hard-earned money.


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Glo, Airtel Missing as MTN is Named Most Admired African Brand @Brand Africa 100

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MTN Group has been named the most admired African brand in the newly released Brand Africa 100: Best Brands report for 2024. This recognition marks the tenth consecutive year that MTN has held this position. The report highlights MTN’s commitment to “doing good for society, people, and environment” through its Environmental, Social, and Governance efforts.

MTN’s work in various sectors, including education, health, sports, and more, has significantly contributed to the growth of these industries. In Nigeria, the MTN Foundation invested ₦2.5 billion in 2023 across several Corporate Social Investment projects, impacting over 58,000 individuals, 15,000 small businesses, and 65 schools. Over the past 20 years, the MTN Foundation has committed NGN28.2 Billion in Corporate Social Responsibility (CSR) across Nigeria’s communities.

In sports, MTN has demonstrated its dedication to supporting development, from sponsoring the Super Eagles at AFCON 2023 to investing in grassroots athletics programs like the MTN CHAMPS tournament. Additionally, MTN Nigeria recently became the first technology company in Africa to receive the Economic Dividends for Gender Equality (EDGE) MOVE certification.

MTN Group President and CEO, Ralph Mupita, expressed appreciation for the recognition, stating, “MTN is committed to meeting our customers’ current and future needs, leveraging digital capabilities for a more sustainable future, and fostering strong partnerships to drive meaningful change. These awards inspire us to keep focused.”

The report also noted that while international brands like Nike, Adidas, Samsung, Coca Cola, and Apple have retained their positions as the top five admired brands for the fifth consecutive year, MTN has solidly maintained its position as one of the most admired African brands for ten consecutive years.


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NCC Directs Telcos to Audit Billings to Address Data Depletion Complaints

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Nigerian Communication Commission (NCC) has said that mobile network operators (MNOs) have been directed to audit their billing systems, to address consumer complaints about data depletion.

NCC Directs Telcos to Audit Billings to Address Data Depletion Complaints

The commission made this known in a statement on Friday.

“Quality of experience takes into account all touch points along the consumers’ journey in using telecom services from selection, through onboarding, usage, support and even off-boarding,” NCC said.

“This means that consumers are empowered to make the right network selection, enjoy a seamless onboarding into the network of their choice, enjoy quality service at fair costs, receive responsive customer service and enjoy protected off-boarding where they choose to leave the ntwork.

“To address consumer complaints on data depletion, the commission has directed mobile network operators (MNOs) to conduct an independent audit of their billing systems and is concluding a consultation process to simplify tariff plans.

“These initiatives would provide enhanced transparency to the consumer.”

elsewhere, the NCC said it is committed to tackling industry debt issues more seriously.

The commission said it has also embarked on critical advocacy initiatives to address long-term challenges in the sector, “including advocacy for designating telecom infrastructure as critical national infrastructure, as well as successfully persuading over six states to waive right of way (RoW) fees, even as he initiates discussions with more states”.

NCC said engagement is ongoing with the presidential committee on fiscal policy and tax reforms towards addressing multiple taxation issues in the telecoms sector.

 


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