Connect with us

E-Business

Carmudi Covers 85% Car Online Listing Market in Lagos- Muoneke

Published

on

Amy Muoneke, the managing director, Carmudi (Nigeria
Kindly share this post

Amy Muoneke, the managing director, Carmudi (Nigeria) in assessment of the success story in Nigeria, said that the platform is gradually assuming a household name status as users now cut across different strata in the society.

Muoneke told Nigeria CommunicationsWeek that they are at a stage were dealers now call-in to list cars online, which “is a very big milestone for us. It means that the product is working. It means that people are willing to associate their self with us. When people say they sold through Carmudi it means that they are willing to pay their monthly subscription. They have seen the product and the benefit and they are comfortable to be associated with this brand”.

On the level of acceptance by car dealers, she said, “If 10 is the highest, we are around 8.5 or 9. I rate that because we have covered 85% of the dealerships in Lagos. We covered Berger market in terms of inventory we have on the website. Everybody in Berger market is on the Carmudi platform. Now we move to the next stage of making getting money for their subscription”.

Search trends noticed on Carmudi Nigeria, she said, “From November of last year we have ranked higher than our direct competitor when it comes to domain ranking.

Fraud in online business: carmudi’s proactive measures, Muoneke added, “We don’t collect money on the Carmudi website or do any form of payment. Any form of payment is done directly to the bank so that first of all cuts off a huge chunk of fraud from us. We direct all payment including the individual sellers to make payment to the bank. We also advice that car buyers visit the car dealership to see the car. What we provide on our website are the pictures, dealer name, address, phone number and emails. In addition to that we have partnerships with certified auto mechanics to offer pre vehicle purchase inspection.

Speaking on the Carmudi’s partnership with Autobox, the MD said, “For us we partnered with Autobox in a quest to become a household name. To become a house hold name you need to become a one stop shop for all automobile. We have cars, car care tips, certified mechanics, insurance and finance”.

The Auto Policy, The Government, The Forex & The Auto Market in 2016
“There hasn’t been any clear indication about a change in the policy by the government so as long as there has been none we will work on what we had last year.  There will be growth. “Presently there is a slowdown in the rate of car importation and the fluctuating of the dollar so there will be some teething problems but there will be improvement.

On the fate of carmudi in era of automobile policy & manufacturing of new cars, “On Carmudi we have something for everyone, from the guy who wants to buy a used Toyota Corolla and a guy who wants to buy a Mercedes.  We have dealers of news cars and used cars. Out platform is a place where anybody can visit and get a car within their price range.

Expand Plans: “For now u think we are present in every region that has huge clusters of car dealers. If in the future we find another huge cluster in a state we are not yet present then we will make our presence felt there.

On competition, said, “We will keep doing what we are doing. Our plan is to leverage on partnerships that will add value to the car buyers. It is to constantly add value to the dealers.

While admitting that Nigerians are very price sensitive, the Carmudi boss added “We can’t rally narrow down the price. We can only look at the most search brands. For the opast 3 quarters, the top four brands searched for on Carmudi Nigeria website is Camry, Corolla, Highlander and Mercedes. People also search for saloon cars more than SUVs.

Dissemination of Information on Insurance
“We have partnership currently with Custodian and are looking to expand on this not just including sales of insurance services but also educating the car buyer on the type of insurance and importance of insurance”.

Muoneke also spoke on the lack of skills as an issue in the ecommerce sector, adding that the ecommerce sector is new, but acknowledges that there are some certain skills that are needed. “But you have to understand that the ecommerce sector needs dedicated and smart people not just people with big cv’s or job experience.

While assessing the Nigeria’s ecommerce space, she said, “Wonderful. When I went to Ibadan I met a dealer who was telling one of his workers to bring out a car and clean it that someone was coming from Abakaliki to buy it and has already paid 50% of the money. Just look at the distance. If not because of E commerce there is no way the person in Abakaliki would have known about the dealer in Ibadan”.

She however, said Carmud is currently focused on driving penetration hence “We have over 170 million Nigerians and our aim is to get at least 10% of that population visiting and buying their cars via Carmudi Nigeria. E commerce is changing the lifestyle of people and we hope to ensure that this changes happens on both the dealer and customer side”.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

E-Business

Galaxy Backbone Celebrates the Federal Government’s Paperless Civil Service Milestone

Published

on

Kindly share this post

Galaxy Backbone (GBB) aligns with and celebrates the successful announcement by the Office of the Head of the Civil Service of the Federation on the achievement of a Paperless Civil Service, a significant milestone in Nigeria’s public sector reform and digital transformation agenda.

The milestone was formally highlighted at a press briefing led by the Head of the Civil Service of the Federation, Mrs. Didi Esther Walson-Jack, who commended Galaxy Backbone for its sustained support and contribution throughout the implementation of the programme.

GBB has played a critical role in enabling this transition by providing secure, scalable, and shared digital infrastructure that supports the digitisation of government processes across Ministries, Departments and Agencies (MDAs). Through the 1Government Cloud, MDAs have been empowered to migrate from paper-based workflows to digital platforms, improving efficiency, collaboration, data security, and service delivery across the Federal Civil Service.

In addition, GovMail, GBB’s secure government email platform, has strengthened official communication, enhanced records management, and reinforced cybersecurity standards—key pillars in sustaining a paperless operating environment.

Galaxy Backbone acknowledges the collective efforts of the Office of the Head of the Civil Service of the Federation, Permanent Secretaries, Directors of ICT, consultants, partners, and dedicated public servants whose commitment and collaboration ensured the smooth delivery of this initiative.

The Managing Director/Chief Executive Officer of Galaxy Backbone, Prof. Ibrahim Adeyanju, was represented at the press briefing by Akintayo Bamisaye, Acting Group Head, Research, Digital Innovation and Skills Department (RDIS).

GBB describes the achievement as a strong close to 2025 and reaffirms its commitment to supporting the Federal Government in building a modern, efficient, and digitally enabled public service.


Kindly share this post
Continue Reading

E-Business

Jumia CEO says Black Friday Signals Nigeria’s E-Commerce Maturity

Published

on

Kindly share this post

At the close of 2025, Temidayo Ojo, the CEO of Jumia Nigeria, reflected on a year-end shopping season that points to the growing maturity of the country’s e-commerce market. “Black Friday is no longer a single, short-lived spike in activity,” he said.

“It has become a familiar, anticipated moment in the retail calendar, where consumers shop deliberately and with confidence.”

Preliminary KPIs for the two months ended November 30, 2025, show strong year-on-year growth in both orders and Gross Merchandise Value (GMV), with GMV growth outpacing order growth. This indicates that customers are placing fuller, more considered baskets rather than shopping in fragmented transactions. Nigeria ranked among Jumia Group’s better-performing markets, with engagement remaining steady throughout the Black Friday period rather than spiking briefly and tapering off.

A key factor behind this performance is the growing familiarity of consumers with online shopping. Customers are increasingly leveraging platform features such as saved carts, brand stores, and price comparison tools to plan purchases in advance. This trend suggests that digital commerce is becoming embedded in everyday habits rather than being viewed as a one-off event.

Ojo also highlighted the role of Jumia’s JForce network in connecting digital commerce to local communities. “Our agents are critical to ensuring that customers across Nigeria, including secondary cities and smaller communities, have access to variety, consistent pricing, and reliable delivery,” he said. “During peak periods like Black Friday, JForce agents can respond faster, serve more customers efficiently, and build stronger local relationships. This isn’t just a distribution channel—it’s a pathway to sustainable income and inclusion.”

Reflecting on the overall performance, the CEO concluded: “What we’re seeing this year-end is steady engagement across categories, stronger consumer confidence, and partners like our JForce agents benefiting from increased activity.

“It confirms that Nigeria’s e-commerce ecosystem is maturing, growing in a more structured and resilient way. As the December Holiday Sale continues, we expect these patterns of familiarity, trust, and participation to sustain momentum and drive both commerce and community impact across the country.”


Kindly share this post
Continue Reading

E-Business

Galaxy Backbone Tops FG’s Website Performance Ranking

Published

on

Kindly share this post

Galaxy Backbone Limited (GBB) has been ranked first overall in the 2025 Federal Government Website Performance Scorecard.

Galaxy Backbone Tops FG's Website Performance Ranking

This is a landmark achievement for Nigeria’s digital economy.

The ranking, conducted by the Bureau of Public Service Reforms (BPSR), is the definitive benchmark for digital excellence and transparency across all Ministries, Departments, and Agencies (MDAs).

Professor Ibrahim Adepoju Adeyanju, managing director and CEO of Galaxy Backbone, received the award during a ceremony in Abuja.

He described the feat as a validation of the agency’s“Nigeria First”data sovereignty strategy and its relentless pursuit of service excellence.

This recognition comes as the Federal Government intensifies its push to achieve a fully paperless civil service by December 31, 2025.

GBB has been the primary architect of this transition through its 1Gov Enterprise Content Management (ECM) platform, which now hosts the operations of almost all federal MDAs.

The award adds to a growing list of accolades for Galaxy Backbone in 2025, following its recent win of the “International Standard Excellence Award for Best IT Service Provider.”

As the central hub for government shared services, GBB’s performance serves as a blueprint for other agencies currently undergoing digital transformation.

With its expanded fiber-optic backbone now covering over 13 states and its secure cloud solutions, Galaxy Backbone remains the cornerstone of Nigeria’s vision to become a leading digital nation by the end of the decade.

 


Kindly share this post
Continue Reading

Trending