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NIPOST Seals partnership Deal with Konga

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A new era was marked on n Thursday, as the Nigerian Postal Service (NIPOST) and Konga.com, Nigeria’s largest online marketplace, announced a partnership for the use of NIPOST post offices as pick up locations for Konga orders.

The UNILAG collection centre is the first in a series of collaborations by the two parties to address logistics and delivery issues experienced by eCommerce operators in Nigeria.

These include a shortage of secure and conveniently located places where customers can pick-up their purchases, and also return items that do not meet up to their expectations.

Security and convenience are particularly important for customers living in shared accommodation such as hostels in tertiary institutions.

Such customers need to know that the items they have purchased are safe and waiting to be collected at a place that is easy to reach.

For eCommerce operators delivering items to people living in these institutions can be time consuming and expensive, such clients are often moving between different locations within the campus and several attempts at delivery are usually required.

The partnership to establish collection centres in tertiary locations is therefore a welcome development for both customers and e-tailers; and will result in the roll-out of a total of 47 collection centres nationwide over a period of two months.

Tertiary institutions provide a captive and sizeable market of consumers that are digitally savvy and comfortable with buying online.

These institutions are also located in, or close to bustling residential areas and centres of commercial activity.

The new collection centres will therefore serve not only students but a broad spectrum of the population including the larger academic, business and social community in and around the campus.

Remarking on the launch of the partnership between NIPOST and Konga, Dr (Mrs) Omobola Johnson, minister of Communication Technology, reiterated the Federal Government’s commitment to transforming NIPOST into a viable, socially conscious yet profit-orientated entity.

The minister represented by Dr. Abiodun Jagun,  her special assistant on Policy said, “the first Post office in Nigeria was established over 160 years ago and NIPOST has been fulfilling its mandate of providing universal access to postal services ever since. Furthermore, the Post office has grown to become the most extensive retail network in Nigeria. It is only logical that the eCommerce industry leverage the experience and facilities of NIPOST to provide secure and more convenient services to their customers.”

“Through this partnership, NIPOST will be contributing its own share to supporting the growth of retail businesses in Nigeria.”

Mallam Mori Baba, post master general (PMG) of NIPOST, represented by the Deputy Post Master General (DPMG) Osadolor I.P Eboigbodin further expressed his anticipation for more partnerships with Konga “To our partners Konga, it is our hope that this is just the beginning of greater things to happen between us” he said. This is also in line with NIPOST’s goal of creating quality partnerships and customer base for its services.

Konga.com has revolutionized the landscape of trade in Nigeria. Since opening up Konga Marketplace to small and medium-size businesses via its SellerHQ marketplace in 2014, more than 10,000 traders have registered on the site.

Konga’s revenue grew 450% from 2013 to 2014, the company also launched its private logistics company KExpress last year, to augment the delivery of its products, previously solely handled by third party courier companies.

Wale Adisa, director of Fulfillment Operations for Konga, threw more light on partnership. “Konga has always pioneered new strategies to further the growth of Trade and Commerce in Nigeria. To achieve our vision, Konga believes in the power of strategic partnerships with other reputable organizations such as NIPOST. With this move, we are leveraging on NIPOST’s incredible reach of about 5,000 locations across the country. We are also giving our customers more flexibility to choose the shopping options most convenient to them”.

The online retail giant’s goal is to have a minimum of 50,000 sellers registered on its platform by the end of 2015.


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E-Business

Temu Joins INTA to Combat Counterfeits and Elevate IP Standards Worldwide

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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.


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Huawei Unveils AI Computing System to Challenge Nvidia’s Flagship Product

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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.

Huawei Unveils AI Computing System to Challenge Nvidia’s Flagship Product

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.


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Transcorp Hotels Delivers Stellar H1 Results, Declares Over ₦1Bn Dividend

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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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