General News
Yudala Targets 24Hours E-Commerce Delivery, No 1 Spot in 2016- Founder
Prince Nnamdi Ekeh, founder and vice president, Yudala, Nigeria’s first composite retail chain, has guaranteed the platform’s readiness to delivery items to customers within 24hours of placing order.
With this in mind, Ekeh, an e-commerce enthusiast, said Yudala tends to climb to the number one spot on e-commerce sector in the country before the end of 2016.
He made the remarks during a chat with newsmen in Lagos, adding that Yudala’s long term plan includes opening offline shops in each of the 774 local government areas in the country for closer ties with the customers.
He however, identified poor electricity power supply, low internet penetration and lack of skilled personnel as part of challenges facing the sector in Nigeria.
24Hours Delivery
According to the Yudala Founder, “This starts this year. We are spending a lot of money on getting vans and trucks to move our goods. The same-day delivery plan is for nationwide. In fact, wherever we have outlets, customers should expect same-day delivery any time from now.
To Top E-commerce Table In Nigeria
“I can’t really fix a date or time for it to happen. However, Yudala expects it can become the number one in the country by the end of this year.
Courier As Key To E-Commerce
He said, “E-commerce is trending globally and logistics/courier sector will benefit from it. But, right now there the country has not enough courier companies to deliver for the online. That is the power of the e-commerce”.
“Currently, we have an internal logistics arrangement and some external logistics companies we work with. Since we have both online and offline outlets, our long time plan is to have a robust internal logistics operations. If we are going to achieve our targets for same day delivery, we cannot rely on (external) logistics/courier companies, because at the end of the day they will require bulk items before delivering”.
Competing With the Likes Of Jumia, Konga, Etc.,
Ekeh said, “A lot of people compare us with the likes of Jumia, Konga, but we are very different. We have offline stores. Today, we the shop in Port Harcourt, we can give the customer better services. It will take others four to seven days to deliver to a customer in Port Harcourt, because they are not physically present there, but we have our shops and items located there. Remember, customer satisfaction is key to driving e-commerce growth. We are ahead of them in that aspect. Even if they build regional warehouses, the reach of our stores, which are closer to the people, guarantees better service. Our plan is to have a store in every local government in Nigeria.
Yu-Jara Campaign
He said that the campaign was very successful as that was the first time they introduced different categories, aside smartphones and mobile devices. “We brought in rice, wine; in fact, we surpassed our expectations. We got trucks of wine and within the first two weeks they were sold out sold out”.
More Campaigns
“This year we have a number of campaigns to run. In few weeks to come we shall be unveiling these campaigns; all geared towards giving Nigerians a better e-commerce experience”.
Delivery by Drones, And Challenges
Speaking on the possibility of using drones to deliver purchased items across Nigeria, he said, “The idea of using drones for delivery on the black Friday in 2015 was to test the technology. A time will come when that aspect of e-commerce delivery will boom. Talking about crime minded individuals hijacking the process, it boils down to government regulations. It high time the government sat down and deliberate on how these technologies are harnessed for national/economic growth.
“If Nigeria can leverage the advantage of drones for e-commerce delivery before it spreads in the United States, it is even better for the economy. Although, not everybody can afford it, because it will incur between five to ten percent increase on the item purchased, but the technology is definitely for the future”.
Prospects of E-commerce In Nigeria
“I think the growth of e-ecommerce in Nigeria is going to be ‘crazy’ because looking at projections, e-commerce in the Middle-East and Africa tend to grow by 20% in 2016. That is the highest expected growth in the world. If you look at the likes of China, India and Asia, they have seen their growths in E-commerce. The US have seen their growth in the e-commerce. This is the time for Africa and Nigeria in particular. Very soon even the government will start paying attention to e-commerce, because the industry is getting to a point government cannot avoid its place in the economy.
Expected $32billion Annual Turnover
“I agree with the projection that e-commerce sector can make about $32b because the Internet of Things (IoTs) will help drive e-commerce growth”.
What To Expect From Yudala In 2016
“Customers should expect 24hours delivery. At the moment, others are guaranteeing four to seven-day delivery and they can cancel the delivery on the seventh day. Secondly, we source items sold on both our online and offline platforms directly from the companies, customers can be assured of best prices. And after sales services are important to us. Customer care is one aspect most businesses are defaulting. We are guaranteeing a paradigm shift on that. In Yudala, we offer the normal warranty that comes with the product and additional (in-house) warrantee like damaged screen, we replace it. It is all risk covered.
Job Creation
“We are consistently entering into partnership that will guarantee the customers the best shopping experience and create job opportunities for Nigerians. We have 400 workers since we started of whom 300 are graduates.
Challenges of E-Commerce Business
“The ultimate challenge before e-commerce in the country is the human resource. What is happening now is that we have to train the ones recruited and that costs a lot of resources. So, if they in already trained, it brings speed to the process. So, there is need to have e-commerce training facilities in the country. Secondly, the issue of logistics comes to mind. Moving goods around Nigeria is not very easy.
“If government can find a way to make this easier, it will boost the sector too. Thirdly, infrastructural deficit is affecting the business in terms of power, internet penetration. Online business is real-time. If there is point of downtime, the business will go down. If Yudala goes down for an hour, whatever order we are receiving, we can’t treat it”.
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General News
NGF Plans Investopedia to Showcase Investments in 36 States

Nigeria Governors’ Forum (NGF) will launch its ‘Investopedia’, a platform designed to showcase investment opportunities across Nigeria’s 36 states.
Yunusa Abdullahi, director of Media and Strategic Communications, described the initiative as a bridge between Nigeria’s untapped potential and global capital.
The launch is scheduled for Tuesday, Aug. 19, in Abuja.
“Amid challenges such as weak investor confidence and fragmented entry points, this initiative promises to transform subnational funding and reposition Nigeria as a credible investment destination.
“Nigeria has long faced barriers to investment at the state level. Frequent government transitions create uncertainty, while poor project visibility and preparation deter prospective investors.
“In spite of trillions in global capital waiting to be deployed, many projects remain shelved due to the absence of a trusted and coordinated investment vehicle,” he said.
Abdullahi explained that the NGF Investopedia, a biennial publication, would showcase projects across sectors, from infrastructure to agriculture, with supporting data analysis, policy incentives, and market insights.
“More than a glossy compendium, it will serve as a ‘one-stop shop’ for investors, in print and digital formats, enabling matchmaking and transactions,” he added.
The Investopedia will be promoted at global events, including the Intra-African Trade Fair in Algeria, the UN General Assembly in New York, and Africa Investment Forum in Morocco.
“This international outreach will position the NGF as a credible conduit for investments, offering not only opportunities but also practical pathways for engagement,” Abdullahi said.
He emphasised that the strategic goals include positioning NGF as a global interface, institutionalising subnational visibility, and mobilising partnerships for long-term support.
The launch, at the Hilton Hotel Abuja, will feature governors from all 36 states, each showcasing priority projects to domestic and international investors.
The event will also include signing a Memorandum of Understanding (MoU) to formalise partnerships, alongside a keynote address from the Central Bank of Nigeria (CBN).
“Foreign investors, ambassadors, and experts from Afreximbank, MOFI, UNDP, Cavista, and the Infrastructure Concession Regulatory Commission will also participate,” Abdullahi confirmed.
The event will culminate in distributing the Investopedia to development finance institutions, embassies, private capital desks, and multi-sectoral business communities.
Looking ahead, Abdullahi said NGF had outlined a post-launch roadmap.
This includes investment clinics for government-to-government and business-to-government matching, scheduled for the third and fourth quarters of 2025, continuing into 2026.
Other plans include capacity-building programmes on structuring public-private partnerships and strengthening risk mitigation for sustainable financing and project delivery.
General News
NCC Moves to Protect Consumers, Enforce Accountability in Telecoms

Nigerian Communications Commission (NCC) has introduced a series of new regulations aimed at strengthening consumer protection and improving service delivery in the telecommunications sector.
These reforms, part of the 2024 regulatory framework, are designed to promote transparency, fair business practices, and accountability among telecom operators.
Under the Consumer Code of Practice Regulations 2024, all licensed operators are now required to publish their approved Consumer Code on their websites, in a national newspaper, and on at least one social media platform within 30 days of receiving NCC approval.
This move is expected to make consumer rights and service expectations more accessible to the public.
The Quality of Service Regulations 2024 will see the NCC implement a ranking system to evaluate telecom providers based on performance indicators such as call clarity, data speed, and service reliability.
This initiative is intended to foster competition and encourage operators to meet higher service standards.
To support innovation, the Type Approval Regulations 2024 allow the NCC to grant provisional approval for communication prototypes for a trial period of up to 180 days.
This provision is expected to boost research and development in the sector by giving startups and tech developers room to test new technologies.
For consumers, the impact is significant. The regulations mandate that operators respond to customer inquiries within 96 hours and maintain complaint records for at least two years. Violations of these standards may result in administrative fines, reinforcing the NCC’s commitment to holding service providers accountable.
The Commission has reiterated its dedication to building a telecom environment that is fair, inclusive, and consumer-friendly. By working closely with stakeholders, the NCC aims to ensure that every Nigerian has access to reliable communication services and that their rights as consumers are fully protected.
General News
Samsung Launches the Sleek and Durable Galaxy A07 in Nigeria

Samsung Electronics has announced the launch of the Galaxy A07, the latest addition to its popular A series lineup.
Building on the success of the Galaxy A06, the A07 delivers a slimmer design, improved durability, and unbeatable value for everyday users.
Designed for style and built for life on the go, the Galaxy A07 stands out with its remarkably slim profile and splash-proof protection, making it a perfect companion for users who want a phone that is both pocket friendly and durable.
To give customers extra peace of mind, Samsung is offering Samsung Care+ registration benefit, if users register their Galaxy A07 with Samsung Care+, they can enjoy screen replacement for just ₦9,000 in the event of damage.
Key Highlights of the Galaxy A07
- Slim and Stylish: Ultra-thin design that is easy to hold and looks great in any setting.
- Splash-Proof Protection: IP54, Designed to handle everyday spills and splashes without worry.
- Affordable Screen Repair: Screen replacement for only ₦9,000 with Samsung Care+ registration.
- 7” display, 5000 mAh battery, with an intelligent side fingerprint sensor.
The Galaxy A07 is all about delivering more for less, and with this, Samsung has taken the features that the customers loved in the A06, made the design even sleeker, added splash resistance, and ensured that keeping the device in top shape remains affordable.
The Galaxy A07 is available at all Samsung Experience Stores, authorized dealers, and partner retailers nationwide.
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