E-Business
Improving eCommerce Ecosystem in Nigeria

The eCommerce industry in Nigeria has been around for a while now with its peculiar ups and downs.
I recently had a discussion with Yomi Alarape, Co-Founder and CEO of Loyalbonus.com, on how the Nigerian eCommerce ecosystem can be improved.
Yomi Alarape is an expert in the eCommerce industry.
On his assessment of the current state of the Nigerian eComerce ecosystem, Yomi is of the opinion that it is not yet where it is supposed to be because of such factors as the current economic recession and peoples view that return on investment is not coming fast enough from the eCommerce platforms.
Going further, he said that there are still the issues of trust and inefficient logistic procedures which make goods not to arrive at the buyers place on time, etc.
On why eCommerce these days is no longer growing at the rate at which the early starters commenced the business, Yomi is of the opinion that there is always the buzz was expected at the entry of eCommerce as was with the early starters.
He went further to say that the expectations of those who patronized these eCommerce platforms are not being met and the platforms are no more sustaining innovations that that keeps the experience.
He maintained that eCommerce goes beyond ordering for a product and getting it delivered in the comfort of home.
The product has to arrive as at when due to keep the trust going.
An eCommerce customer wants an engaging platform, value for their money and a daily experience as opposed to on-off experiences.
According to Yomi, to get things right in the eCommerce industry, there is the need to think outside the box.
Yomi is of the opinion that eCommerce is not dying yet in Nigeria, but it has to come out with more innovations to make it tick.
He cited the innovations going on with Loyalbonus.com, having practically built a universal loyalty platform which caters for online and offline requirements through synchronization.
He said that this gives the customers value for their investment and the Merchants can also easily identify customers that are loyal to them through analytics and business intelligence supplied to them on secured platforms.
Here, Merchants can identify customers loyal to them and reward them.
On what difference technology stands to make in the loyalty schemes, Yomi explained technology has come to synchronize and make it seamless across platforms instead of having bonus cards from one eCommerce platform that one cannot use elsewhere except on that platform.
He said that his company further built loyalty and bonus discounts that further drives the customers engagement.
On how to deal with the issue of trust along the entire eCommerce value chain, Yomi stated that the only way is to meet their words with actions which are verifiable online with reviews on the platforms.
He further said that there should be strict controls and customer satisfaction driven policies must also be put in place.
He is of the opinion that in this age of disruptive technology where one needs to operate lean and yet be strategic, it might not be advisable for an eCommerce platform to have warehouses everywhere but what matters is getting the products delivered to the customers as at when due.
CFA is the Founder, www.CFAtech.ng & Co-producer/Presenter,Tech Trends on Channels Television
E-Business
Temu Joins INTA to Combat Counterfeits and Elevate IP Standards Worldwide

Temu, the global online marketplace, has joined the International Trademark Association (INTA) as a corporate member and serves on its Anti-Counterfeiting Committee.
INTA is a global association that brings together more than 6,700 organizations, representing over 37,000 trademark professionals and brand owners across 181 countries. By joining INTA, Temu deepens its commitment to building a trusted online marketplace and advancing global IP protection through broader, cross-industry collaboration.
“INTA welcomes TEMU’s willingness to engage in anticounterfeiting initiatives, including in the Association’s annual Anticounterfeiting Workshop and Online Takedown Certificate Program which serve to share best practices and connect stakeholders,” said Alastair Gray, Director of Anti-Counterfeiting, INTA. “Constructive collaboration with these efforts can contribute to the protection of intellectual property rights for INTA members and support the removal of counterfeit products from the platform which ultimately protects consumers.”
At the 2025 INTA Annual Meeting held in San Diego in May, Temu participated in the Anti-Counterfeiting Committee Roundtable, serving as a moderator to facilitate discussions among brand owners, online platforms, and government officials on emerging technologies, best practices for collaboration, and strategies to strengthen global anti-counterfeiting efforts.
“Joining INTA and serving on its Anti-Counterfeiting Committee reflects Temu’s ongoing commitment to ensuring a trustworthy online shopping experience,” said a Temu spokesperson. “We value collaboration with industry peers and stakeholders and are dedicated to advancing collective efforts in intellectual property protection.”
Temu also participates in INTA-led online workshops, including the Online Platform Notice and Takedown Certification Program, which outlines the latest procedures and best practices used by e-commerce platforms and social media companies. These workshops aim to enhance the quality and accuracy of rights-holder notices, promoting more effective takedown processes and content moderation.
Since launching in 2022, Temu has made significant investments in IP enforcement. Its measures include comprehensive seller vetting and compliance training, 24/7 algorithmic monitoring with manual review, a dedicated IP protection portal and brand registry to streamline takedown submissions, and an internal enforcement team that handles claims with speed and accuracy.
E-Business
Huawei Unveils AI Computing System to Challenge Nvidia’s Flagship Product

China’s Huawei Technologies unveiled an AI computing system on Saturday that an industry expert said rivals Nvidia’s most advanced product, as the company aims to expand its footprint in the country’s booming AI sector.
The CloudMatrix 384 system made its public debut at the World Artificial Intelligence Conference (WAIC), a three-day event in Shanghai, attracting a large crowd to Huawei’s booth with its showcase of cutting-edge AI innovations.
The system has attracted significant interest from the global AI community since Huawei (HWT.UL) first introduced it in April. Industry analysts see it as a direct challenger to Nvidia’s GB200 NVL72, the most advanced system-level offering currently available from the U.S. chipmaker.
In an April article, Dylan Patel, founder of semiconductor research firm SemiAnalysis, stated that Huawei now possesses AI system capabilities that could surpass those of Nvidia.
Huawei staff at its WAIC booth declined to comment when asked to introduce the CloudMatrix 384 system.
A spokesperson for Huawei did not respond to questions.
Huawei has become widely regarded as China’s most promising domestic supplier of chips essential for AI development, even though the company faces U.S. export restrictions.
Nvidia CEO, Jensen Huang told Bloomberg in May that Huawei had been “moving quite fast” and named the CloudMatrix as an example.
The CloudMatrix 384 system features 384 of Huawei’s latest 910C chips and, according to SemiAnalysis, surpasses Nvidia’s GB200 NVL72 in certain performance metrics, despite the latter using 72 B200 chips.
SemiAnalysis attributes this performance advantage to Huawei’s strong system design, which offsets the lower power of individual chips by leveraging a greater number of them and incorporating system-level innovations.
Huawei describes the system as utilizing a “supernode” architecture that enables ultra-high-speed interconnectivity between chips.
In June, Zhang Pingan, CEO, Huawei Cloud confirmed that the CloudMatrix 384 was already operational on Huawei’s cloud platform.
E-Business
Transcorp Hotels Delivers Stellar H1 Results, Declares Over ₦1Bn Dividend

Transcorp Hotels Plc has delivered a stellar performance in the first half of 2025, recording a 60% year-on-year surge in revenue to ₦47.57 billion, up from ₦29.72 billion in H1 2024. Gross profit climbed 71% to ₦36.21 billion, maintaining a strong 76% margin despite inflation and operational headwinds.
The hospitality giant, a subsidiary of Transnational Corporation Plc, also announced an interim dividend payout of ₦1.024 billion — offering ₦0.10 per 50 kobo ordinary share to shareholders.
In a bold move, the company unveiled Nigeria’s largest corporate venue — the 5,000-seat Transcorp Centre — staking its claim as the new leader in event hospitality. Chairman Emmanuel Nnorom described the results as proof of Transcorp Hotels’ transformative strategies and unwavering investor commitment. MD/CEO Uzo Oshogwe attributed the success to relentless execution and a resilient business model.
Transcorp Hotels, renowned for iconic assets like Transcorp Hilton Abuja and its digital platform Aura, says it isn’t just leading Nigeria’s hospitality sector — it’s redefining excellence across Africa.
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