News
Konga Yakata Raises Anticipation & Excitement of Shoppers

Anticipation and excitement is on the rise as Nigerians eagerly await this year’s edition of the Black Friday sales popularly re-christened Konga Yakata by Nigeria’s e-Commerce giant, Konga which kicks off by midnight on Thursday November 8th 2018.
Konga Yakata – widely regarded as the biggest sales event of the year – will run every day from November 8th – 28th 2018 online @ Konga.com and offline in every Konga retail store nationwide.
In addition to offering shoppers unmatched discounts on a wide variety of products including mobile phones, laptops/computing items, home/kitchen appliances, electronics, consumer goods, wine/spirits, food items and much more, Konga Yakata is also set to unload a variety of surprises and freebies for shoppers including flash sales, treasure hunt and special give-away on specific days of the month-long campaign.
Already, a number of shoppers have expressed their determination to stay up until the early hours of Thursday November 8th in order to be among the first to take advantage of the crazy deals and massive price slashes on offer from Konga Yakata.
“Last year, I spent the sum of N600,000 for Konga Yakata as I had just moved into a new apartment which required some furnishing and I must state that I was amazed at the number of items I was able to shop with that budget.
The prices on offer were unbelievable and most importantly, the items were all delivered on time.
Also, I did not have to worry about being sold inferior quality or fake products as is the case with other unreliable platforms,” disclosed Emmanuel Iwu, a mid-level executive of a new generation bank.
Emmanuel further stated, “This year, I have been patiently waiting and finally, the D-Day is almost here.
“I will be among those eagerly waiting for the stroke of midnight on Thursday to commence my Black Friday shopping,” he declared.
Also expressing her thoughts at the shopping fiesta, Mrs. Bolanle Awe – a regular shopper at Konga, disclosed that the opportunity to enjoy an offline version of the Konga Yakata sales were among the special attraction for this year’s sales.
“In previous years, it was a struggle competing with millions of Nigerians for the Konga Yakata products and special deals online.
“This year, Konga has expanded the shopping options available for customers with their retail stores and this made it easy for me.
“I have already decided on the Konga store where I will be doing my shopping the moment their doors open on Thursday and the good thing is, I can pay cash and pick up my items same day.
“I am so excited and my friends and colleagues are all looking forward to this year’s Yakata,” Mrs. Awe concluded.
In addition to the opportunity to shop online and in any Konga retail store nationwide, shoppers can also enjoy flexible payment options for Konga Yakata including online payment, through Konga Pay and payment on delivery – with the latter option proving very popular since it was re-introduced in August 2018.
Shoppers can also take advantage of the swift delivery provided by Kxpress, Konga’s world class, in-house logistics company and the option of personally picking up their items at any Konga retail store of their choice, a unique feature which sets Konga Yakata apart in this year’s Black Friday’s sales.
Obi Ikeagu, an e-Commerce analyst, stated that “One of the major problems faced by Nigerian e-Commerce players during and after Black Friday is the deluge of undelivered or unfulfilled orders as a result of the spike in traffic which is a feature of the heavy shopping season.
“Most times, shoppers have no choice but to face cancellation of their orders as a result of the failure to meet up with their deliveries by these e-Commerce companies who are often overwhelmed and under immense pressure.
“This is why the Konga nationwide network of brick-and-mortar stores presents a very interesting dynamic for this year’s Black Friday sales.
“Many savvy shoppers who have had their fingers burnt in previous years now have a choice: place your orders online and choose to pick up in a Konga retail store nearest to your location or simply walk into the store to do your Yakata shopping and walk away with your items without any stress. It is a game-changer for e-Commerce in Nigeria.”
News
Access Holdings Sets New Benchmark in Nigeria’s Finance Talent Pipeline

New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.

In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.
Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.
For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent.
CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”
Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet.
Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.
Access Holdings Group Chief Executive Officer Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.”
The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.
That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.
News
NCAA to Introduce RFID Technology to Tackle Missing Luggages

Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce Radio Frequency Identification (RFID) baggage tracking technology across domestic and international airport terminals to tackle the growing problem of delayed, misrouted and missing luggages

Michael Achimugu, director, Public Affairs and Consumer Protection, NCAA, disclosed this at a stakeholder engagement forum in Lagos.
Achimugu said the RFID-enabled system would replace the traditional barcode-based baggage tracking framework and provide airlines and passengers with real-time visibility of checked luggage from check-in to final collection.
According to him, the technology would improve baggage traceability, reduce mishandling and strengthen accountability across the baggage-handling chain.
Unlike conventional barcode systems, RFID technology allows baggage to be automatically scanned at multiple points without requiring direct line of sight, enabling real-time tracking of luggage throughout its journey.
Achimugu said issues involving short-landed, missing, lost or damaged baggage had remained among the major complaints from air travellers, alongside flight delays.
He said the introduction of RFID technology was therefore aimed at improving baggage-handling standards and restoring passenger confidence in the aviation sector.
The NCAA said the initiative also aligns with IATA Resolution 753, which requires airlines to track baggage at key points during the passenger journey.
The authority expects the technology to provide more accurate information on the location of luggage, facilitate quicker resolution of baggage-related complaints and improve the overall passenger experience.
The NCAA said the initiative would also strengthen accountability among airlines and other stakeholders involved in baggage handling at Nigerian airports.
News
Firm Urges MSMEs to Increase Digital Payments Adoption for Growth

eTranzact International Plc has called for increased adoption of digital payment solutions among micro, small and medium enterprises (MSMEs), saying access to technology is critical to improving business efficiency, financial inclusion and growth.

The company also said it was deepening its partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to expand digital access and financial literacy among small businesses across the country.
In a statement, the Divisional Head, Merchant Services, eTranzact, Mrs. Abimbola Reis, stated this at the SMEDAN/eTranzact Town Hall Engagement in Lagos recently, themed, “Financial Literacy and Inclusion for MSMEs Leveraging on Fintech Innovation.”
Reis described MSMEs as the backbone of Nigeria’s economy, noting that the sector comprises almost 40 million businesses and contributes significantly to economic growth and job creation.
However, she said many businesses continue to face challenges including limited access to finance, inefficient payment systems, weak financial reporting, cash-flow constraints and inadequate access to digital platforms.
She added that trust concerns also affect businesses’ ability to access finance, while heavy reliance on cash increases exposure to theft and makes payment reconciliation more difficult.
Representing the Director-General of SMEDAN, Prof. Yinka Fisher said the town hall was aimed at generating practical ideas and solutions that would support the growth and expansion of MSMEs.
“The essence of this engagement is to share ideas and concepts that will help MSMEs thrive and expand. Our partnership with eTranzact is about expanding the frontiers of MSMEs and ensuring they continue to grow,” he said.
Also speaking, representative of the Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr. Praise Adedigba said businesses could no longer depend solely on hard work to remain competitive.
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