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Jovago Showcases Rewards of Online Hotel Booking- Zmyslowski

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Marek Zmyslowski is the managing director of Jovago
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Marek Zmyslowski is the managing director of Jovago.com who left Poland for Nigeria, in 2013, to launch the platform, an online hotel booking service.
Before joining Africa Internet Holding, Zmyslowski, successfully co-founded and exited online ventures in Poland.
He is an internet geek, fashion enthusiast, and sports addict.
He is also a former snowboard instructor, holding a racing license. In this interview with peter ugwu, he explained the drive behind the concept and how it can benefit the Nigerian tourism space.

Jovago.com Entrance into Nigerian Market
We actually launched in August last year. Before that we had couple of months of preparations. I can gladly say that we are growing very fast because the market has the opportunity to develop now.
We started as an online traveling agency that secures online booking for Nigerian travelers. And we launched in Nigeria, we have been able to grow and launched Senegal, Kenya, and even in Pakistan.
That is where our hubs are. Presently, we have Jovago represented in sixteen sub-Saharan African. We focus on Sub-Saharan Africa, largely because the demonstration and experience we had in Pakistan with similar experience; for instance, Nigeria.
These countries share similar challenges and opportunities. Also, we want Jovago to be a strong African brand and help in developing Sub-Saharan Africa as destination for (business) tourism.

Steps Taken by Jovago to Promote Tourism
There are so many ways to promote tourism industry. We are focusing a particular area of our strength. What we can see in Sub-Saharan Africa, Nigeria in particular, though a huge number, but the number of hotels are growing by the day.
Just last year, in Nigeria, international hotel chains signed contracts to build more hotels in the country than in any country in the world. Suffice it to say that Nigeria has become the largest hospitality market in the world.
At the same time, there are many hotels operating in the country that have been focused on corporate travelling arrangement, but with growing competition they have started to lose customers.
They do not understand what is going on; therefore, they have to wake up, re-strategize and embrace individual customers, welcome customer service, additional services and work on new ways to find customers.
This is where Jovago comes in to place. Of course, we have growing interest among international travelers coming in and going out of Africa, coupled with the growing number of hotels. The problem is, it has not been easy for the customer to find the hotel.
So, we come into place. We built and inventory of hotels in Africa, verified and put them online. We have the descriptions and did the reviews and to whoever is looking for hotels online, we give him the inventory has can trust, because getting a befitting hotel at a choice location, sometimes gets complicated.
It is like having many companies in one place; many restaurants, nightclubs and the rooms. Then, the hotels have to think of getting customer’s attention.
So, it is hard for the hotel managers to keep up with technology. In the traveling industry technology has changed, in a tremendous way, how customers behave. Before now, people never believed they can buy flight ticket from the mobile phone. This is changing very rapidly and hotels are finding it difficult to cope; but we know the business and the online marketing. Thus, we provide the platform to reach out to customers, and that is one way to promote tourism.

Jovago’s Important Role in the Market
There are two major things that differentiate us from other national and international players. First, we have the biggest inventory of hotels in Africa. Just in Nigeria, we have more than 5,000 hotels and in Africa, we have over 20,000 others and 200,000 worldwide.
Secondly, we are different from any African traveling agency, because every hotel on our platform was physically verified by our staff.
Someone went there, met with the hotel manager, shake hands, discussed the corporation, signed a copy of the agreement, get to know the staff, saw the rooms, restaurants; made the pictures, and wrote the descriptions. So, this is the guarantee: whatever you see on the website is that you will feel physically when you actually lodge into the hotel.

Dealing With Dishonest Partners (Hotels)
If we discover that, probably, after our visitations, did the reviews and signs an agreement, the hotel management fails to retain the standard, we take actions. In extreme cases, such hotel gets deleted from the platform immediately.
But that could have happened, probably, just once since we launched. Every hotel gets reviews, which is important for them, because when you run a business, may be you are going bankrupt, the reason is: you do not know why.
Sometimes, you are getting more customers or losing them, you do not know why. Every time a customer visits the hotel we get a feedback such as the likes and dislikes over the services.
We pass the comments to the hotel; this is why the growing number of reviews is very important to the customer. It helps both the customer to make decisions and the hotel management to improve on their services.
Essentially, trust is an important aspect of any thing (business) that has to do with online. You wouldn’t make payments with your credit cards if there was no trust. The whole banking system in the whole world is based on trust. It is not easy to convince an African customer to pay online. Nevertheless, we cannot force our customers to shun it.
We can only keep promoting activities that will attract their focus and give them opportunity for trial. By the time they succeed, trust is being built.
There was a customer that booked a hotel (online) under Jovago, that was his first experience on anything that as to do with online transaction. He had positive experience and continued. That was very important for us. Aside the verification as a unique selling proposition of Jovago, our customer service is very strategic.
It may sound boring or unfounded, but it is true that in Nigeria, such as banks, in fact, big companies, customer service has not been given adequate attention. While it is improving, there are areas to be addressed.
You can compare what we do with international big players like Booking.com; everything is fully automated. Of course, the booking process is very simple. As the customer books online, our customer service starts, because we will keep in touch with both parties (the hotel & the customer).
We will make sure you remember about the booking a day or two to the very date; make sure you have a taxi, for example from the airport. We will also assist in you locating the hotel via a map. Then, while you are there, if you wouldn’t mind, we will send you an email.

Jovago/Lufthansa
As a way of expatiating on the programme; we are an online booking platform, providing cheap, fast and convenience and safety.
But in Nigeria, only about five percent of all the hotel rooms available are booked online. People still prefer to call or go through a travel agency or take the risk of going to a city, sit back in a taxi and tell the driver to get him somewhere, thinking there will be a free room.
That, to me, is very stressful. If you do not know there is an opportunity to book online, of course, you will not seize the opportunity.
We are doing a lot of offline activities in a way of brand awareness marketing processes, just to communicate to our customers there is a place called Jovago.com.
We do not know if the potential customer will need the hotel now or in a month time. But the time he needs a hotel, he will remember Jovago. Therefore, we came up with an idea to organize a competition in partnership with Lufthansa airlines, a big and reliable company too. We intend giving, for instance couples, romantic getaways, etc.

Bringing Remaining 95% Hotels In Nigeria Online
Yes, it is possible, just that it will take some time. The reason is that there are no short cuts. It requires a lot of offline marketing activities, direct contact with the customers. Meanwhile, we need to understand the habit of the potential customers.
So, we go to conferences, talk to people and help them book for the first time. It is a time consuming activity, but we have the opportunity to get their attention.
The first time experience is always good for them embrace the platform. This course is something most hotels didn’t plan for while they were setting up.
For instance, we are an online company but we do a lot of offline activities too. We have to visit the hotel, plan your logistics and we have to be proactive too.

Jovago Partnership with UNICEF
This is our approach; being in Africa and doing business in Africa entails Africa gives you so many opportunities. You hire people and eventually grow your business. We feel responsible to give back.
Of course, when you hire someone and pay him salary, it is like feeding the entire people in the home, but we feel that this is not enough.
We have seen cases where very ambitious people get trapped on the way because when they were born, probably, somebody or circumstances made it that he was not registered; he was not issued a birth certificate. Such problem can limit someone success.
So, we decided on this.
We cannot do change everyone, but we can make a difference in this area. If everyone does something differently, a lot of things will change.
As people book for hotels, they can add a token of about $5 to UNICEF. We will help to collect the money and send to UNICEF for distribution to countries for help increase the rate of issuance of birth certificate to which ever child is born.

Market Share in Nigeria
It is really hard to say because the competitors do not share their numbers with us. And we do not like to share it with them too, because we are at the early level and every company would want to protect itself.
However, I can boldly say that we have been seeing month-to-month growth in traffic; it is a two digit number.
But this can be sustainable if we will be focused on online marketing activities. The online is not all that big yet; we have to create market for ourselves. To be honest, I think when other players enter the market; it will boost the market too.
How? First, it makes you think. Every time you would want to improve on your services and the customers will feel better. It is like a race; when you run a lone, you may not run as when you have ten people around. Secondly, we are at the stage where the market is not rated. It is still the tip of the iceberg. There are a lot of offline activities, but we are building the market.

Promoting ePayment through Online Hotel Booking
We are actually partnering some card companies who are willing to offer discount to their cardholders who would want to use the e-payment channels to book for their hotels. We are in partnership with two international and two local payment operators.
We have an e-payment integrator on our website that meets international standards in terms of cyber security. Since we started, we have not recorded any case of fraud. We try to communicate the obvious advantages when you book online.
It is faster, simpler and very much comfortable. We build the trust by ensuring everything is secured. By paying online, you need not carry cash.
We make sure the hotel is paid and no one will harass you on arrival. Most importantly, you get discount for booking online. For a company like Jovago, when we deal with cash, we have to process it. This is one of the ultimate reasons the Nigerian financial sector is promoting cashless society; dealing with cash costs so much money.     


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Cybersecurity Firm Detects a Wave of Crypto Phishing Following BlockFi Bankruptcy

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Kaspersky has detected a wave of phishing attacks preying on former customers of the bankrupt crypto lending platform BlockFi.

These scams leverage the ongoing distribution of customer assets following BlockFi’s 2022 bankruptcy, tricking victims into surrendering cryptocurrency wallet seed phrases, potentially leading to financial losses.

BlockFi, once a prominent provider of high-yield interest accounts and crypto-backed loans, announced bankruptcy in November 2022. The company began disbursing repayments to affected clients in 2024 as part of its restructuring plan.

Kaspersky has detected fraudulent emails mimicking BlockFi’s official branding, which falsely invite recipients to “claim the payment” they are “entitled to.” After clicking on the link, users land on a phishing page and are prompted to “connect their wallet”.

The attackers suggest that users import their existing wallet by typing in the secret phrase – this grants attackers direct access to the funds in the victim’s wallet.

“Phishing attacks like this are widespread, capitalising on real-world events to build trust and urgency. Victims who fall for these scams risk exposing their crypto wallets to theft. It’s critical for individuals to verify any communications directly through official channels and to check the address from where the email originates for legitimacy,” comments Roman Dedenok, anti-spam expert at Kaspersky.

The phishing emails feature convincing logos, colour schemes, and language, making them difficult to spot at first glance. Kaspersky recommends the following steps to avoid falling victim to this or similar scams:

  • Do not click on links or respond to unsolicited emails.
  • Protect Sensitive Information: Never share banking credentials, wallet seed phrases, or other private keys in response to an email or online form.
  • Use Security Tools: Enable two-factor authentication (2FA) on all financial accounts, employ reputable security software like Kaspersky Premium, and consider using a password manager to safeguard credentials.

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Universal Insurance to Raise N15bn to Meet Capital Rules

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Universal Insurance Plc has secured the approval of its shareholders to raise additional capital of N15 billion through a proposed recapitalisation exercise, as the insurer intensifies efforts to strengthen its balance sheet and position the company for long-term sustainability.

The approval will be granted at an Extraordinary General Meeting (EGM) scheduled for February 5, 2026 in Lagos.

Currently, Universal Insurance’s share capital stands at N8 billion, with 16 billion ordinary shares held by existing shareholders on the NGX. The board is seeking to revalidate, authorise, and regularise 14 billion unissued ordinary shares for the planned capital raise and also secure approval to list and admit the new shares for trading

Following resolutions passed at the Extraordinary General Meeting (EGM), Universal Insurance Plc is moving forward with a comprehensive recapitalisation programme aimed at reinforcing its capital base and improving its capacity to underwrite larger and more diversified risks.

Shareholders approved the plan to raise new equity through a combination of capital market instruments, subject to regulatory approvals, as part of efforts to meet industry capital requirements and support future growth.

Gross premium written rose to N18.59 billion, up from N12.29 billion a year earlier, driven by increased underwriting activity across key insurance segments. Insurance revenue also grew to N14.68 billion, compared with N9.85 billion in the prior period, reflecting stronger risk acceptance and improved pricing discipline.

Despite higher insurance service expenses, the company posted an insurance service result of N1.13 billion, while net investment income surged to N2.79 billion, supported largely by fair value gains on financial assets. As a result, net insurance and investment income increased to N5.18 billion, nearly double the N2.61 billion recorded in the same period of 2024.

On the balance sheet, total assets expanded to N21.82 billion as at September 30, 2025, from N18.14 billion a year earlier, supported by growth in financial assets and investment properties. Shareholders’ funds rose to N14.38 billion, up from N12.33 billion, reflecting improved profitability and reserve accumulation.

Investors have also responded positively to Universal Insurance’s performance, with its stock delivering an 83.33 percent return in 2025, rising from N0.66 to N1.21 per share, and trading volumes exceeding 6 billion shares.

The recapitalisation initiative, combined with the improving financial performance recorded in Q3’25, underscores Universal Insurance Plc’s determination to reposition itself as a more resilient and competitive player in Nigeria’s insurance industry.

The company aims to deliver improved value to policyholders, investors, and partners, while supporting broader economic activity and generating sustainable returns for shareholders.


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FG Rejects Northern Elders’ Gold Refinery Siting Claim

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Federal Ministry of Solid Minerals Development has debunked allegations by the Northern Elders Forum that the Federal Government sited a gold refinery in Lagos, breaching the federal character principle.

FG Rejects Northern Elders’ Gold Refinery Siting Claim

Minister Dele Alake

In a statement from Abuja, Special Assistant to Minister Dele Alake, Segun Tomori, described the claim by the forum’s spokesperson, Prof. Abubakar Jiddere, as “false and misleading.” He clarified that the minister never announced any government-owned gold refinery in Lagos or elsewhere.

Mr Tomori stressed that Minister Alake explicitly described the refinery as a private initiative by Kian Smith, one of several such projects nationwide. “The Federal Government does not compel private companies to site operations in specific regions,” he added, crediting founder Nere Emiko’s leadership.

The project supports the government’s value-addition policy to curb raw mineral exports and boost local processing. Reforms over two years have spurred investments like a $600 million lithium plant in Nasarawa, a $400 million rare earth facility there, and a $200 million ASBA lithium plant in Abuja.

Tomori highlighted the policy’s role in attracting foreign capital and creating jobs, describing the Lagos refinery as proof of successful reforms. He urged the Northern Elders Forum to back efforts for a stronger Nigerian economy rather than spreading misinformation.


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