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D’Banj Visits Yudala, Commends Retails Gaint

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Self-styled KokoMaster and one of Nigeria’s most iconic entertainers, D’Banj has paid a courtesy visit to the corporate head office of Yudala to congratulate the company on the revolution being spearheaded in the retail business space with the launch of its retail stores division which held last Saturday.

Yudala, Nigeria’s first true composite retail chain, has carved a niche for itself by being the first company to combine an online shopping platform with offline retail outlets spread across major cities in Nigeria, with a target of further expansion into other African capitals.

The company had commissioned four stores: two Experience Stores at Medical Road, Ikeja and at the 1st Floor of The Palms Shopping Complex, Lekki as well as two Smart Stores at 25B Idowu Martins Street, Victoria Island and Redemption Crescent, Gbagada last weekend. The glamorous and well-attended event attracted eminent Nigerians from all walks of life including bank CEOs, captains of industry, representatives of Corporate Nigeria, A-list artistes and crowds of enthusiastic shoppers who were on hand to take advantage of the unprecedented discounts and freebies on offer.

Yudala Online is set to go live in August, with the Management of the e-commerce platform promising even bigger deals at launch.

Speaking during his visit to the office, the multi-award winning D’Banj commended the vision behind the emergence of Yudala, while acknowledging the company’s status as a Nigerian-owned business as a thing worth celebrating.

“I am glad to be here today to key into the Yudala revolution. The combination of online and offline retail is a master-stroke and I offer my sincere congratulations to the Management of Yudala for this idea. Also, the fact that Yudala is a purely Nigerian company is good news for us all. I had assumed the company was a foreign-owned business, especially considering the strategy, standards and ambience of the Yudala Experience Stores.”

D’Banj, who stormed the Yudala office armed with the Evolution award which he received at the 2015 MTV Africa Music awards (MAMA 2015), presented the award to the Management of the company as well as his latest brand offering – KokoGarri, a packaged variant of the staple food.

Mr. Stanley Uzoechina, vice president, Yudala Retail Stores, who was on hand to welcome the KokoMaster with excited staff of the company, congratulated D’Banj for his 2015 MAMA Evolution award and hailed him as a true ambassador and pride of Nigeria.

Mr. Uzoechina who seized the opportunity to further share the company’s vision with the artiste, revealed that Yudala is indeed a revolution worth identifying with.

According to him, the company has a road-map to reach millions of unreached Nigerians with the launch of 10 additional stores nationwide before the end of August 2015 and the commissioning of 151 Yudala Stores by June 2017.

This figure, he noted, will increase to 512 Stores by June 2019, stressing that in no time, there will be a Yudala Store in virtually every local government council in the country which will create a minimum of 150,000 jobs for Nigerians.

Yudala – which means Best wishes, Peace of mind and Prosperity – has strong partnership for products from major brands in the ICT sphere including HP, Apple, Lenovo, Tecno Mobile, INNJOO, Infinix Mobility, Wiko Phones, X-Touch, SONY, YEZZ, DELL, Philips, ITEL, IBM, Microsoft, APC Schneider, Cisco, Canon, D-Link and many more, with the delivery of quality products and services at the right prices.

The company will continue to roll out multiple products from the biggest and most renowned brands, with the Yudala product network set to also feature Consumer Lifestyle, Urbane Fashion, Healthy Living Products, Consumer Electronics and others which will be unveiled in segments.

Backed by its multi-pronged yet standardized business model, the company has a bold ambition to dictate the pace and set new milestones for online and offline retail business, with the delivery of world class products and services in every Yudala store and on the online platform.


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Mega Deals as Konga Freedom Sales Goes Live Today

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All is set for the 2020 edition of the Konga Freedom Sales, an annual promotion by the foremost composite e-Commerce giant targeted at celebrating Nigeria’s independence anniversary.

Specifically, the Konga Freedom Sales goes live on Monday, September 21, 2020 and will run until Friday, October 9, 2020 across Nigeria.

The promotion will see the first week from September 21 – 27 focus on giving Nigerians the best prices and unbeatable discounts unmatched anywhere else in the market, with customers also urged to check prices on Konga before making any purchases. In addition, Konga’s customers are in line to benefit from three flash sales during the week.

From September 28, the week which coincides with the memorable occasion of Nigeria’s 60th Independence Anniversary, Konga will offer all classes of shoppers a unique opportunity to enjoy rock-bottom prices and mega deals on a wide variety of genuine products carefully selected by Konga to mark the auspicious celebration.Among these are 60 special products for each day of the promotion in line with the commemoration of Nigeria’s 60thindependence anniversary.

Also, the promotion will run across multiple channels including the Konga website, chain of retail stores located nationwide and via the Konga Bulk platform.

The eagerly anticipated Konga Freedom Sales will see the e-Commerce giant make available heavily discounted products of up to 50% off from multiple categories such as Computers & Accessories, Home & Kitchen, Electronics, quality Fast Moving Consumer Goods (FMCG), Power Solutions, Phones & Tablets, Drinks & Groceries, among many others. Further raising the excitement for the Konga Freedom Sales is the fact that Konga has positioned the promotion as one with which to celebrate Nigerians as the country hits its Diamond Jubilee.

Consequently, the management of Konga has revealed its intention to make it a promotion to remember for every customer.

‘‘Nigeria will be marking its Diamond Jubilee on October 1st. It is a momentous anniversary as 60 years is not a mean feat,’’ disclosed Co-Chief Executive Officer, Konga Group, Nick Imudia.

‘‘In view of this, we have decided to make this year’s edition of the Konga Freedom Sales a special one to celebrate all Nigerians.

‘‘Therefore, we have carefully selected all the products that will go on sale from Monday.

“Our motivation is to make it a memorable occasion for all Nigerians by helping them save money on genuine products across our online platform and retail stores nationwide.

“We encourage everyone to go online at www.konga.com or visit the nearest Konga store or leverage Konga Bulk from Monday to partake in the celebration of Nigerians through the Konga Freedom Sales,’’ he urged.

Meanwhile, an array of world class brands has partnered with Konga for the promotion. These include the likes of HP, Samsung, Lenovo, PZ Cussons, Dell EMC, Infinix, iTEC, Zinox, Tecno, Unilever and many more.

The Konga Freedom Sales goes live nationwide from Monday, September 21 until Friday, October 9, 2020.


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ICANN Launches Pandemic Internet Access Reimbursement Program Pilot

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The Internet Corporation for Assigned Names and Numbers (ICANN) has announced the Pandemic Internet Access Program Pilot for ICANN69, following the ICANN Board’s resolution in support of the pilot program.

To facilitate participation during the remote Public Meeting, the pilot program offers community members who have limited Internet capacity, financial assistance to increase their Internet bandwidth during ICANN69.

Reimbursement amounts of up to USD 60 will be provided to eligible applicants who purchase additional Internet bandwidth (capacity or data limits) for the duration of the month or billing cycle for October 2020.

The services must be rendered by a business entity or Internet service provider, specifically for Internet or cellular data service. The provider must also provide digital or paper documentation of the upgrade costs.

Interested community members must apply in advance of ICANN69 and those who meet the eligibility requirements will be selected to participate. The application deadline is Friday, 2 October 2020 at 23:59 Coordinated Universal Time (UTC).


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FG Launches Central Database for Stolen Asset Tracing

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Federal government has launched a Central Database under the Asset Tracing, Recovery and Management Regulations (ARTM), 2019 and the Central Criminal Justice Information System (CCJIS) under the National Anti-Corruption Strategy (NACS) 2017 – 2011 to assist in the fight against corruption.

FG Launches Central Database for Stolen Asset Tracing

Mr Abubakar Malami, AGF

Mr Abubakar Malami, attorney-general of the federation (AGF) and minister of Justice, at the launch in Abuja, said the database will ensure uniformity of process, access and information feeding to deepen transparency and accountability in the management of recovered assets.

To ensure compliance, he said his office is developing legislation for the full implementation and operation of the CCJIS.

“We will work together to establish and re-enact transparency and accountability in governance and management of our resources which we have committed to do by way of strengthening International Cooperation of our membership of Open Government Partnership,” he said.

In his speech, Mr Femi Gbajabiamila, speaker of the House of Representatives, represented by Mrs Ugonna Ozurigbo, chairman, House Committee on Justice, said the regulation on Asset Tracing, Recovery and proper management of proceeds of crime was signed on October 24, 2019, and took effect from November 1, 2019, replaced the proceeds of Crime Regulation of 2012.

The new regulation titled Asset Tracing, Recovery and Management Regulations 2019 empowers the AGF to take charge of the custody and management of all final forfeited assets, approval and appointment of asset managers and operating and maintaining a database for the records of all recovered assets within and outside Nigeria.

He said, the AGF’s office, under the new regulation, is also required to coordinate inter-agency investigations into recovery matters within and outside Nigeria from all law enforcement agencies whose law empowers them to undertake recoveries and maintaining a depository for all forfeiture orders issued by the Nigeria courts and courts outside Nigeria.

Asset Tracing, Recovery and Management, according to the Speaker, is a core value of good governance and its effective management will serve as a deterrent to would-be fraudulent minded individuals who may find themselves in public offices.

According to him, states resources must not be allowed to be stolen but if that happened by fraudulent individuals, efforts must be taken to trace the proceed, recover same and manage for the interest of the generality of the people.

“When the proceeds of crime are traced and recovered but again looted by government officials, I dare to say such act amounts to the crime of tertiary capacity and must be avoided.

“Assets not accounted for are assets lost; loss of assets undervalues the economic potential of a country and will negatively impact on the net worth of a country. Accordingly, Asset Tracing Recovery and Management is a panacea to rekindling of the value system of a nation,” the Speaker noted.

 


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