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Kaymu Rounds-Off 2nd Anniversary in Grand Style

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Leading online marketplace, Kaymu.com.ng wrapped up its two year anniversary with a dinner party at the Ember creek in Ikoyi, recently.

The exclusive party had in attendance Massimiliano Spalazzi, CEO of Kaymu Africa, Evangeline Wiles, managing director of Kaymu Nigeria, staff, top sellers on Kaymu platform and the media.

It was indeed a night of fun as the compere, Kenneth Agberia, popularly known as MC Shakara thrilled guests with rib cracking jokes.

Kaymu, Nigeria’s leading online marketplace celebrates its second year anniversary with weeklong activities to include a website update, an entrepreneurship workshop and anniversary sales on its platform.

On January 25th 2013, Kaymu launched in Nigeria and Pakistan simultaneously and has spread rapidly to 34 countries in Africa, Asia and most recently, Europe.

The company which started off in Lagos with 5 employees has since grown to establish hubs in 6cities in Nigeria employing over 200 individuals.

Kaymu has been at the forefront of driving entrepreneurship in Nigeria, with several initiatives for young entrepreneurs and SMEs.

The Kaymu Future Entrepreneurs Program, a training for students on the core values of business, and the Kaymu Entrepreneurial Workshop, to provide

SMEs with skills needed to market competitively in their fields, are two examples these initiatives.

Evangeline Wiles, managing director of Kaymu Nigeria, speaking on the anniversary stated, “We started off with just 5 people and a vision. It’s been a remarkable 2 years and we are well on the way to realizing this vision.

“We would like to thank everyone who has contributed in positioning Kaymu as the leading online marketplace in Nigeria- our employees, sellers, buyers, partners, the media and all Nigerians,” she said.

Over the years, the company has secured partnerships with media giants CoolFM and Nigezie, MTN, and the Lagos State Chamber of Commerce and Industry (LCCI) amongst others in the bid to fulfil its mission of contributing to Nigeria’s retail sector by fostering SMEs in the country.

In two years Kaymu has touched the lives of hundreds of thousands of Nigerians by creating jobs, helping SME’s open online stores, providing customers with products they require at competitive prices and building an online community of over two million fans.

To celebrate this milestone achievement, the company will kick off a week long series of activities, starting with an update in its website to provide a better buying and selling process, a press briefing followed by an entrepreneurship workshop in partnership with LCCI and discounted sales on the platform.

In 2015,Kaymu pledges to increase efforts in providing the safest online platform for buying and selling and securing strategic partnerships to help more SMEs bring their businesses online and make shopping accessible to everyone.

Kaymu is Nigeria’s number one safest online market place where buyers and sellers can meet and make the best deals for used or new products, such as: mobile phones, laptops, latest fashion and clothing products and home appliances.

 


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E-Business

US Supreme Court Upholds Law Banning TikTok

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The United States Supreme Court has upheld a law seeking to ban TikTok in the United States.

US Supreme Court Upholds Law Banning TikTok

The court ruled that the law does not infringe upon free speech rights, citing the US government’s legitimate national security concerns about the Chinese ownership of the app.

Last week, the Supreme Court listened to the arguments from ByteDance, TikTok’s parent company, claiming the law violated free speech.

“There is no doubt that TikTok provides a unique platform for expression, engagement, and community to over 170 million Americans,” the justices stated.

With this decision, the ban set for Sunday remains in place, despite calls from lawmakers and officials across the political spectrum for a delay.

Last year, Congress passed a law requiring ByteDance to sell TikTok or shut it down in the US by January 19, reflecting widespread concerns in Washington that the app could be exploited by China for espionage or propaganda.

On Friday, White House officials informed the media that the ban would not be enforced, leaving the final decision to President-elect Donald Trump, who assumes office the next day.

In December 2024, TikTok asked the US Supreme Court to temporarily block a law that would force its Chinese owner to sell the popular video-sharing platform or shut it down by January 19.

The appeal came the same day TikTok, Shou Zi Chew, CEO, met with US President-elect Donald Trump.

 

 

 


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E-Business

FG Says NINs will Facilitate Cash Transfers to 18.1m People

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Federal government has plans to expand the national social register to 18.1 million names and to reach at least 70 million poor households across the country by the end of this year, according to Prof Nentawe Goshwe Yilwatda,  minister, Humanitarian Affairs, Disaster Management and Social Development (FMHADMSD).

FG Says NINs will Facilitate Cash Transfers to 18.1m People

Federal government has been distributing cash assistance to poor citizens through a program that requires verification using the National Identification Number (NIN).

The rate of poverty in the country is alarming, the minister said in an interview with Arise News, reason why the federal government plans to extend the humanitarian outreach program to target more homes. Each household receives the sum of N75,000 ($45).

Giving update on the payments, the minister said the first tranche of the conditional cash transfers were paid to five million households between October and December 2024, while the second and third tranches were paid to 2.8 million households.

“The president has directed, based on CBN’s new regulations, that before any payment is made to an individual or household, they must have a digital identity we can trace. That is the NIN number,” the Yilwatda told Arise News.

The cash transfer enabled by digital ID was launched in 2023, and last year, the federal government said around 25 million Nigerians had already benefitted from the scheme.

 

 

 

 

 

 

 

 

 


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NIMC Grants NCoS Licence to Register Inmates for NIN

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National Identity Management Commission (NIMC) has granted licence for the Nigerian Correctional Service, (NCoS) to register inmates in the over 252 custodial centres across the country for National Identity Numbers, (NIN).

NIMC Grants NCoS Licence to Register Inmates for NIN

The approval followed the request made by Sylvester Nwakuche, acting controller general of the NCoS, who paid a visit to Engr Abisoye Coker-Odusote, director general/chief executive Officer of NIMC, in her office.

The acting controller-general, said the licence to carry out registration of inmates for NIN would eliminate exclusion of inmates from the country’s National Development plans, ensure their safety and security and facilitate their smooth recapture in times of jailbreaks.

The NCoS boss said the visit to the headquarters of NIMC was in search of collaboration that would enable the Service carry out its mandate seamlessly following on going reforms of the Correctional Service system.

According to Nwakuche, there are lots of socio-economic developments within the Correctional Service systems which had led to a number of inmates obtaining University degrees, Masters Degrees and Doctor of Philosophy (PhD) in various fields.

He said such inmates should not be excluded from the national development plans of the country as they should be integrated into the society to become useful for their families and the country.

Nwakuche said inside the Correctional centres are those awaiting trials whose innocence and otherwise has to be decided by the Courts, but argued that in times of National planning, census and other critical national development issues, they should not be disallowed from participating.

Coker-Odusote who granted the licence said NIN has become critical and essential to the country’s national development plans, stressing that NIMC has gone far with the private sector, especially the banks and the Central Bank of Nigeria (CBN) as all banks accounts are now linked with the NIN.

Coker-Odusote said the Eight points Agenda of President Bola Tinubu are also anchored on the Country’s digital identity or National identity Number, stressing that for instance NIN was tied to students loans to eradicate duplicity and prevent ghost beneficiaries.

Coker-Odusote expressed delight in the partnership with the NCoS, saying that the Commission had already entered into partnership with the Nigeria Immigration Service, NIS and other agencies in order to facilitate the smooth delivery of their constitutional mandates.

She commended Dr Olubunmi Tunji-Ojo, minister of Interior, for his dynamic leadership and role in ensuring the delivery of dividends of democracy to Nigeria through various reforms.


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