Posts

Showing posts from September, 2018

Konga to invest N2.9b in K-Xpress to resolve e-Commerce delivery in Nigeria

Image
Success Damian: Chairman of Konga, Nigeria's composite e-commerce giants, Olusiji Ijogun, has revealed that the company is set to invest N2.9bn in its logistics arm, Kxpress to build a world-class delivery solutions  company that will resolve the logistics challenges in Nigeria. He made this assertion when a section of the media caught up with him at a party held at Sheraton Hotel, Ikeja on during the weekend. Ijogun, who was congratulated for the quick turnaround of Konga after its acquisition by the Zinox Group in January 2018 which has seen the company trending with new innovations, was also quizzed on how Konga has managed to cope with the problems of delivery which has stunted e-commerce in Nigeria. Responding, Ijogun who admitted that logistics remains a major challenge for e-commerce, however, noted that the new management of Konga has injected over 43 new vehicles and 100 brand new motorcycles into the system since it took over, noting that the company has a...

Lagos Comic-Con engages youths, discourages armed robbery, kidnapping, says Ayodele Elegba

Image
Seventh Edition of the Lagos Comic Convention aka “Lagos Comic-Con”, regarded as Africa’s biggest geek and pop culture event, themed: Aspire, Dream, Prosper, took place recently at Landmark Event Centre, Victoria Island, Lagos, where Ayodele Elegba, Founder & Convener of the event said Lagos Comic-Con has helped to discourage armed robbery, kidnapping and other anti-social vices. SUCCESS DAMIAN reports. With more than 10,000 participants from all walks of life including locals, foreigners and celebrity guests, the 7 th Edition of the Lagos Comic-Con, unarguably lived up to the expectations of the organisers. Ayodele Elegba, Founder & Convener, also the CEO of Spoof Animation, one of the leading Animation companies in Nigeria spoke on the history, aims and objectives of Lagos Comic-Con. He said that Lagos Comic-Con began seven years ago, in the city of Ikeja, Lagos based on his love for Comic books. “So I began to think of what I can do for people like me who...

Zinox boss set to retire as Group’s CEO by 2021

Image
Success Damian: Indications have emerged that one of Africa’s leading digital entrepreneur and Chairman, Zinox Group, Leo Stan Ekeh may have decided to quit as the Chief Executive Officer (CEO) of his technology group by 2021. One of Mr. Ekeh's closest confidante disclosed that, going by his tone at the Zinox Group corporate retreat held in April, it is clear he will retire as Group CEO when he turns 65 in 2021. According to the source who pleaded anonymity, Ekeh's target is to achieve a tech group worth $10b in valuation by his retiring age and if he realizes it, he intends to change the lives of his devoted employees by making every Management staff in the group who has served him loyally a billionaire and others millionaires before retiring into full-time research in the technology sector and social work.  "This is his ambition and I hope he realizes this, especially considering the turbulent Nigerian economy. This was one of the reasons his group di...

Lagos Comic-Con 2018: A platform for exchange of ideas, business opportunities

Image
Success Damian: The seventh edition of the Lagos Comic Convention aka “Lagos Comic-Con”, widely regarded as Africa’s biggest geek and pop culture event, is set to hold on Saturday September 15, 2018. Themed : Aspire, Dream, Prosper, the convention is b illed to hold at the Landmark Event Centre, Victoria Island, Lagos. According to a press release on Monday, the one day event which will feature Masterclasses and exhibitions from various creative fields such as comics, animation, gaming, films, books, virtual reality and creative arts, serves as a platform for the exchange of ideas and business opportunities in a sector that is dominantly youthful and urban. It is also an avenue to celebrate the success of practitioners in these industries and to encourage broader participation and support for the building of knowledge and capacity necessary to strengthen these sectors and create jobs. Speaking about this year’s convention, Mr. Ayodele Elegba, Founder, Lagos Com...

CWG challenges Discos on VAS, introduces electric meter with WiFi

Image
Cyriacus Nnaji: CWG Plc has challenged Electricity Distribution Companies (Discos) to emulate Telecommunications companies which have shifted from traditional voice and data services to offering value Added services (VAS). Chief Executive Officer (CEO), of the company, James Agada urged the Discos to offer services that create additional service which include but not limited to Data and Voice Communication, Video Streaming and banking services. He stated that the deficiencies in ensuring a regulated transmission and distribution that will guarantee profitability and efficiency in the power sector are the key focus of Smart Metering which CWG Plc has in the pipeline for the nation. Agada while speaking to journalists recently at the company’s head office in Lagos said that Discos can address the issue of revenue generation, infrastructure development thereby enhancing generating capacity. “The problem is that there is more installed generating capacity than the transmiss...

Nollywood, next biggest wealth creator in Africa, Zinox Chairman

Image
Success Damian: Digital entrepreneur and Chairman, Zinox Group, Leo Stan Ekeh has identified the Nigerian movie industry as the next biggest wealth creator in Africa. Ekeh made this declaration at the 6th Edition of the Africa Magic Viewers’ Choice Awards (AMVCA) held at Eko Hotel & Suites recently. The Zinox boss who was on hand to present the award for the best overall movie to Kenyan producer, Phoebe Ruguru for the movie 18 Hours , alongside Wangi Mba-Uzoukwu, Regional Director, M-Net West Africa, affirmed that the wealth-creating potential of the Nigerian movie industry is huge, noting that the industry’s capacity as the next goldmine will manifest in the second quarter of the 21st Century. In his words “I just thought I should encourage the superstars, the upcoming superstars, the script writers and the producers. I think you have about 76 months to emerge in the second quarter of this century where you become the mega wealth producers of Africa.” ...