E-Business
Konga Gives Loan Facilities to Merchants ahead of Yakata 2019
Konga, foremost e-Commerce giants, has taken a step further towards making the 2019 edition of its Yakata sales an unforgettable experience for its customers. To this effect, Konga has made available soft loans and credit facilities for merchants on the Konga Marketplace.
Konga Yakata – as Konga’s Black Friday sales are known – is widely regarded as the biggest sales event in Nigeria’s annual shopping calendar.
The sales extravaganza occupies a special place in the consciousness of millions of Nigerian shoppers, many of whom look forward with eagerness to its commencement.
By extending soft loans to the merchants on its platform, Konga is hopeful of equipping the merchants with the capacity to grow their business and make more products available to shoppers ahead of the 2019 edition of Konga Yakata.
Speaking about the loan facility, Prince Nnamdi Ekeh, co-ceo, Konga said “Konga Yakata is around the corner and our intention is to make it the best ever in the history of the company for our customers.
“For all of us at Konga, nothing comes in the way of ensuring our customers are satisfied.
“This is why we have taken the uncommon step of providing credit facilities to merchants on the Konga platform in preparation for Konga Yakata 2019.”
“We understand that our customers will be looking forward to the widest assortment of genuine products across multiple categories on Konga.
“This is why we are committing significant funds into expanding the carrying capacity of our merchants for the sales fiesta.
“No other sales event comes close to Konga Yakata. Therefore, it is only fitting that Management has decided to go all out and make it a memorable one for our teeming customers,” Ekeh enthused.
Indeed, access to loans and credit facilities one of the encumbrances that has constantly hobbled businesses in Nigeria in their attempts to scale.
This remains a huge challenge for most small business owners who have limited access to credit facilities and loans with favourable interest rates.
This point is not lost on the management of Konga – Nigeria’s only omni-channel retail platform – which under its new owners, has achieved remarkable growth and expansion, setting it on the path of profitability.
“We have partnered with Simple-Fi to make these loans available at very low and convenient interest rates of 2.08% only.
“Merchants on the Konga platform can also take advantage of flexible repayment plans,” Ekeh concluded.
E-Business
NITDA, NIMC Partner for Seamless Data Exchange Capabilities
National Information Technology Development Agency (NITDA) and the National Identity Management Commission (NIMC) have announced a collaboration on National Public Key Infrastructure (PKI) and Digital Public Infrastructure (DPI) to enhance synergy between digital identity, payment ecosystems and secure seamless data exchange capabilities for Nigeria.
NITDA, which made the announcement on its X handle, said that the collaboration was to further strengthen Nigeria’s digital economy in line with President Bola Tinubu’s Renewed Hope Agenda,
During the meeting, Kashifu Inuwa, director general of NITDA, and Bisoye Coker-Odusote, director general of NIMC, with some management staff of both organisations, discussed various initiatives, which include building DPI stacks for a secured and seamless data exchange and forming partnerships to transform the national identity system.
This collaboration also aims to harness the potential of the innovative ecosystem and emphasise the use of public-key infrastructure (PKI) to drive digital transformation in Nigeria.
To ensure a smooth implementation, a 12-man committee was set up.
This committee will play a crucial role in kickstarting and harmonising the initiatives and is expected to deliver a comprehensive implementation report within the next 4 weeks.
E-Business
Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes
Noble Ajuonu, head, Sydani Technologies Ltd., has urged the Federal Government to harmonise National Identification Number (NIN) and Bank Verification Number (BVN) to tackle crimes and insecurity in the country.
Ajuonu made the call at a media roundtable, organised by Sydani Group in Abuja.
The News Agency of Nigeria (NAN) reports that the roundtable focuses on driving sustainability through a comprehensive analysis of Nigeria’s key development areas.
Ajuonu said that Nigeria could overcome its security challenges and pave the way for a safer, more secure future for all Nigerians by embracing technology and implementing practical solutions,
“We need to harmonise data, prioritise seamless integration of databases like NIN, BVN, and security agency records, establish clear protocols for data sharing and access, with robust safeguards against misuse,’’ expert said.
According to him, the unified data pool will empower intelligence gathering and targeted operations.
He also called for investments in smart surveillance, intelligent video analytics software, training of personnel in data analysis, interpretation of data in real-time to combat crimes.
“There is need to implement a legal framework for call interception in criminal investigations, with strict oversight to prevent abuse, encourage community cohesion, training of tech savvy security personnel with tech-enabled tools.’’
Ajuonu also urged the government to address infrastructure deficit in technology, saying that technology was all encompassing to address insecurity.
“According to the National Identity Management Commission (NIMC), as of December 2023, only 104.2 million Nigerians had been enrolled for the National Identity Number (NIN).’’
Ajuonu added that over 122.2 million citizens left uncaptured for NIN were people in rural areas where enrolment centres, digital services were limited.
“Most crimes are being perpetuated from rural communities and this lack of comprehensive identification creates a gap where elements not captured in the national database can constitute public nuisance, crimes.
“There is the inadequacy in the integration of NIN, BVN and Voters Identification Number (VIN).
“Advanced call interception and analysis tools, used successfully in other countries, could provide invaluable insights into criminal networks and operations but infrastructure is lacking,’’ he said.
Also, Mr Godfrey Petgrave, the Agricultural Expert, Sydani Group, called for empowerment of smallholder farmers with access to finance and training to enhance productivity.
According to Petgrave, Nigeria requires policy reform and institutional strengthening to improve agricultural practices and embrace digital agriculture solutions to address food insecurity.
Mr Akolade Jimoh, another expert of the group on health, advocated for expanded community-based health insurance programmes for rural and underserved areas.
Jimoh added that the country needed to encourage Public Private Partnership to revolutionise products design and quality improvement on health services.
E-Business
Konga launches Infinix Brand Week with Incredible Deals
Konga, Nigeria’s leading composite e-commerce group, is thrilled to announce the launch of amazing deals at its Infinix Brand Week. Infinix, a leading global smartphone brand known for its innovative products and cutting-edge technology promises exclusive discounts and special offers on select smartphones, marking an exciting milestone in the realm of online shopping.
Shoppers can expect nothing short of extraordinary deals on a wide range of Infinix products, all available exclusively on the Konga online platform. With discounts of up to 30% off, this partnership between Konga and Infinix aims to redefine the shopping experience for tech enthusiasts across Nigeria.
Konga Brand Week has become synonymous with excitement and unbeatable deals, and this year’s edition is no exception. In addition to exclusive discounts on Infinix smartphones, shoppers can explore a diverse array of products across various categories, including electronics, fashion, home essentials, and more.
“At Konga, we are dedicated to providing our customers with the best shopping experience possible,” said Rita Ohaedoghasi, VP Marketing at Konga. “The Infinix Week during Konga Brand Week allows us to continue delivering on that promise by offering incredible discounts and special offers on some of the most sought-after smartphones in the market.”
To stay updated on the latest developments and exclusive deals during Konga Brand Week, shoppers are encouraged to connect with Konga across all platforms, including social media and the Konga website. Don’t miss out on this opportunity to score big savings and elevate your tech game with Infinix and Konga.
- Telecom2 days ago
Imperative of Upholding Nigeria’s Telecoms Lifeline
- News2 days ago
Kaspersky Warns of Data Stealers Hunting for User Credentials
- E-Financial2 days ago
Hydrogen, CCHub Partner to Encourage Fintech Startup Success
- Telecom2 days ago
What You Need to Know About Multifactor Authentication Fatigue Attacks and How they can be Prevented
- Telecom2 days ago
Samsung Returns to Top of The Smartphone Market – Industry tracker
- E-Financial2 days ago
CBN Cuts Banks’ Loan-to-Deposit Ratio to 50 Percent
- Telecom2 days ago
SHELT System Integration Launches “SHELT SI” in Nigeria
- E-Financial2 days ago
Access Bank Unveils DiamondXtra Season 16, Dangles N200m, 3 SUVs