Qatar Airways makes history, completes first longest non-stop flight of 16 hours from Doha to New ... Confusion in Gambia, Jammeh stays put, Barrow to be sworn in at Gambia embassy in Senegal, It's true. Though it was widely reported that Yudala acquired Konga with the help of Zinox Group, Yudala’s CEO, Prince Nnamdi Ekeh, noted that the new Konga is … Business News 3 years ago. Public trust is challenged and even impaired by drossy stories of scammers who undermined platforms and short-circuited operational processes of organisations just to defraud. The long-term vision is to have a Yudala store in every local government headquarters in Nigeria. Konga, Nigeria’s leading composite e-commerce giant, has gone a long way to spread festive cheer among its teeming customers. I kept it in my head and was mentally nurturing it and even at that time I could see the limitless possibilities of e-commerce and on-line retailing. He talks with self-assured confidence, and a clear perspicacity of the undercurrents in the marketplace. business Companies keyboard_arrow_down. He plays virtually all musical instruments but for his passion to build an online empire, he would have been the next big thing in the nation’s entertainment landscape. I had always considered the need to expand access to the unreached, so to say; the millions in the hinterlands and without ready access to the internet to enable them take advantage of e-commerce. Revenge! AIICO Insurance Plc. So far, he says “we have enjoyed huge success with the various promotions we ran including the Black Friday sales which we launched with the first drone delivery. Episode 40. He has vast experience in business development, customer service support, sales and marketing with avid passion for customer growth. He refused to walk in anyone’s shadow, insisting he is out to break new frontiers and better existing paradigms. Ekeh who disclosed that Konga is in the middle of an impressive nationwide roll-out of stores in its bid to reach more of Nigeria’s unreached and under-served population noted that the company has also recorded significant adoption of Konga Pay, its internally-owned and Central Bank of Nigeria (CBN) licensed mobile money platform. Prince Ikenna, Princess Nina and Princess Chimamanda were all sitted on their well designed chairs in the palace of EKEH, a royal swat was also made for Ajuwe and Aguyi. He co-starred with global icons like Ben Bernanke (former Chairman of the US Federal Reserve, Central Bank of the USA), Hans Rosling (Professor of Global Health, Sweden’s Karolinka Institute), Mariana Mazzucato (Professor in Economics, University of Sussex), Chinedu Echeruo (Founder and CEO Gigameet.com), Narayana Murthy (Founder of Infosys) and many more. The Co-CEO of Konga, Prince Nnamdi Ekeh has disclosed how the company made it into becoming a clear leader in the competitive e-commerce market. Yudala started with ICT products, it has since diversified into a one-stop online and offline retail outpost for a wide assortment of goods including consumables; from choice wine to staples. The company was an online and retail chain with ambitions of becoming the market leader in trade and commerce in Nigeria and beyond. Today, what started as a dream in the mind of a teenager has blossomed into a major employer of labour with staff strength of over 300 in just a space of months. And truly, bold is the word. The foregoing was disclosed by Co-Chief Executive Officer, Konga Group, Prince Nnamdi Ekeh. Why we rejected a valuation of over $300m from global investors– Prince Ekeh Employ over 150,000 Nigerians Cut losses from N400m to N100m monthly in 2... Business 5 months ago. It is therefore no surprise that it has surpassed the competition in Nigeria and already setting sight at conquering the continent. Children, women, boys and girls you ordered for all of them to be killed, father why? The foregoing was disclosed by Co-Chief Executive Officer of Konga, Prince Nnamdi Ekeh in a chat with global news medium, Cable News Network (CNN). To be continued! He was nominated for the prestigious Future Awards for Business Excellence as well as Top 100 Most Influential People of African Descent (MIPAD), in response to the proclamation by United Nation's General Assembly resolution 68/237. In a brave new world of geeks, gizmos and gadgets, you have to be brave to dare, brave to take on the competition and even more so to succeed and maintain the momentum of success. Men. Prince is the Founder of Yudala, Africa’s first ever composite (Offline-Online) e-commerce company as a teenage undergraduate at University of Lancaster, United Kingdom. Yudala, Nigeria’s leading online & offline retail store, eyes becoming Sub-Saharan African e-commerce market leader, said Prince Nnamdi Ekeh, the founder and vice president, Yudala (Nigeria). Prince Nnamdi Ekeh. We’re shining the spotlight on a young e-commerce entrepreneur and executive who is guiding Jumia-competitor Konga — Prince Nnamdi Ekeh, founder of e-commerce and retail platform Yudala. Prince Ekeh was speaking to CNN Marketplace Africa on the sidelines of the first Creative Africa Exchange weekend held in Kigali, Rwanda from the 16th-18th January 2020. Written and composed by Excelrhymez. As Founder/Co-CEO, he supervises all retail and e-commerce sales strategy and growth plans as well as drives the omni-channel initiatives within the organisation, superintending all multiplatform businesses of Konga. “It has been very interesting, I must confess. Don Jazzy Founder/President Mavin Records Nigeria. Political Economist is a liberal news magazine with global affiliations. It's time for listen to Young Adults share in an insightful manner in this edition of Young Adults on The NOW Show. flag Locations keyboard_arrow_down. All posts tagged "Prince Nnamdi Ekeh" Business 4 months ago. Prince Ekeh graduated from Lancaster University in the U.K. with a bachelor of arts degree in economics and politics in 2014. Nina? Fraud a persistent threat to Nigeria’s e-commerce industry Entrepreneurship is in Ekeh’s DNA. Yudala currently boasts over 300 staff and this figure is expected to increase substantially with its growing network of Experience Stores all over the country. The direct implication of this is that staff strength is certainly going to witness a huge leap from the current figures. Prince Nnamdi: Father you ordered for the entire kingdom of EKEH to be wiped out. Prince Nnamdi Ekeh, Vice President. Prince Nnamdi Ekeh, co-chief executive officer, Konga Group, who stated this also said that ‘‘Though we started with a monthly loss of N400m, but with new systems, structure and energy put in place, we have gradually been reducing losses and now about N100m loss per month. Also an alumnus of the prestigious Lagos Business School (LBS), he believes that the youth hold the key to unlock the full potentials of the Nigerian economy and the only industry that will provide them with this opportunity is IT and Technology. He reflects on the event. Konga will now have two CEO’s, Nick Imudia who will be in charge of online among others and Prince Nnamdi Ekeh who will be responsible for offline. Prince Ekeh was speaking to CNN Marketplace Africa on the sidelines of the first Creative Africa Exchange weekend held in Kigali, Rwanda from the 16th-18th January 2020. The foregoing was disclosed by Co-Chief Executive Officer of Konga, Prince Nnamdi Ekeh in a chat with global news medium, Cable News Network (CNN). WATCH NOW. Furthermore, you are guaranteed peace of mind when you shop on any of our platforms. “Yudala was a vision which I began nursing in my penultimate year in the University of Lancaster. Yu-Jara was another resounding success as we were almost overwhelmed with the response from the customers, as was the case with Black Friday which saw queues forming at our Experience Stores even before we had opened for the day. He is excited to talk about job-creation, wealth-creation, innovation and strategic thinking all of which conduce to give bite to the economies of Asian countries ahead of Africa. Revenge! Konga, Nigeria's largest online mall and Yudala, Africa's pioneer composite e-commerce company have officially announced a merger of their operations In recent months, Yudala has turned from the vision of a teenager to a national movement and the preferred channel for shoppers with eyes for quality, real time delivery and support. The first deal under AfCFTA gets under way as negotiators adapt… He remembers the beginning: “I was about 19 then and was still in school when the idea of Yudala came. Entrepreneurship and an affinity for tech is in Ekeh… Oluwaseun Runsewe Vice … Konga, Nigeria’s foremost e-commerce giant, has made significant strides which have positioned it as the clear leader in Nigeria’s highly competitive e-commerce market. Propelled by the need to leave behind a worthy legacy and to impact meaningfully on the lives of millions of people, Ekeh believes everyone has a higher purpose in life, a divine calling. In an e-world puckered by identity fraud and sundry cybercrime, trust is a valued asset. Join Facebook to connect with Nnamdi Ekeh and others you may know. From Ekeh? We promote free enterprise and act as a catalyst for the growth of knowledge economy. Prince Nnamdi Ekeh, Konga Co-CEO. He is also a recipient of Icon of Human Transformation Award by the National Association of Nigerian Students, among other awards. flag Locations keyboard_arrow_down. Since then, the company has made investments worth over $120 million in Nigeria while repositioning to take on other African countries Prince Nnamdi Ekeh, co-chief executive officer, Konga Group, told Channels TV. Confirming the development, co-Chief Executive Officer (CEO), Konga Offline, Prince Nnamdi Ekeh, said that the extension of the POD option to Abuja was a fulfilment of the commitment made to customers, even as he disclosed the determination of the company to cover more states in the country and improve overall customer experience. Prince Nnamdi Ekeh. Ekeh is endowed with multiple talents and from early life he has worked to nurture these talents. I also learn a lot from everyone in the organization: right from the man at the gate to the most senior person. In 2018, he led Yudala under the Zinox Group to acquire Konga. The Most Influential Young Nigerians initiative is an annual awards and ranking scheme for young Nigerian Achievers between 15-40 years, spearheaded by Avance Media, a social enterprise in partnership with various Organisations. Born into a lineage with rich entrepreneurial history, his business and management skills belie his age. For Prince Nnamdi Ekeh, the Vice President of Yudala Online, the dream of yesterday has crystallised to a huge reality; a successful going concern with manifest potentialities to becoming the most dominant player on the continent. The foregoing was disclosed by Prince Nnamdi Ekeh, co-chief executive officer of Konga, in a chat with Cable News Network (CNN), global news medium, last week. ... Innocent Mannix Ekeh… Episode 21 Obi and Ibe stormed out of the palace reigning insults on Odogwu, causing and swearing for him as they left. ‘‘Though we started with a monthly loss of N400m, but with new systems, structure and energy put in place, we havegradually been reducing losses and now about N100m loss per month. In the 53 rd day of the year 1956 in the Gregorian calendar, a Lion was born at Ubomiri, Mbaitoli Local Government Area (LGA) of Imo State to Chief and Mrs. Ebenezer Ekeh of blessed memories and his name is Dr. Leonard Nnamdi Stanley Ekeh.. Konga spots new logo to reflect merger with Yudala. keyboard_arrow_left. — Ugo Obi-Chukwu (@ugodre) April 15, 2018. A few challenges are currently hampering the growth of the sector and these include access to the internet among Nigerians, lack of trust in e-payment channels and infrastructural issues which affect logistics and deliveries”. His goal is to aggressively drive Konga to the summit of Africa e-commerce. Prince Nnamdi Ekeh is the co-chief executive officer of Konga. Since we’ve pitched our tent with MainOne, we’ve had 99% up-time with their super-fast connectivity solutions and 4 years later, we’ve not regretted our decision. He believes in the uniqueness of the Yudala brand compared to existing outposts in the same business. A multiple award winner and entrepreneurial maverick, he graduated with a Bachelor of Arts degree majoring in Economics and Politics with a Minor in Entrepreneurship from the University of Lancaster. This is because the entire management and staff share in my vision for the company and they have reposed huge confidence in me. Prince Ekeh was speaking to CNN Marketplace Africa on the sidelines of the first Creative Africa Exchange weekend held in Kigali, Rwanda from the 16th-18th January 2020. She knew the King’s enemies was increasing by the day. The foregoing was disclosed by Co-Chief Executive Officer of Konga, Prince Nnamdi Ekeh in a chat with global news medium, Cable News Network (CNN). In 2018, he led Yudala under the Zinox Group to acquire Konga. Leonard Nnamdi Stanley Ekeh LAGOS FEBRUARY 22ND (URHOBOTODAY)-In the 53rd day of the year 1956 in the Gregorian calendar, a Lion was born at Ubomiri, Mbaitoli Local Government Area (LGA) of Imo State to Chief and Mrs. Ebenezer Ekeh of blessed memories and his name is Dr. Leonard Nnamdi Stanley Ekeh. That passion has driven him to turn what was once a concept in the head into a job-creating, wealth-producing enterprise. Prince Ekeh was speaking to CNN Marketplace Africa on the sidelines of the first Creative Africa Exchange weekend. The Most Influential Young Nigerians initiative is an annual awards and ranking scheme for young Nigerian Achievers between 15-40 years, spearheaded by Avance Media, a social enterprise in partnership with various Organisations. Konga targets New York, London and Nigerian stock exchange listings; investment exceeds $120m. The … The Yudala brand entered the market with a grand strategy of class, colour and peerless service delivery and customer care. Co-Chief Executive Officer, Prince Nnamdi Ekeh disclosed that Konga went a long way in restoring investor and customer confidence in the Nigerian e-commerce sector. Unassuming and smart, the young Prince Nnamdi was entering the store while I and other customers were about leaving the place. Speaking on the … OKU and EKEH are brothers, we’ve lived in peace and harmony for years. The foregoing was disclosed by Co-Chief Executive Officer of Konga, Prince Nnamdi Ekeh in an interview with global news medium, Cable News Network (CNN). This model immediately sets us apart from competition. Ekeh who disclosed that Konga is in the middle of an impressive nationwide roll-out of stores in its bid to reach more of Nigeria’s unreached and under-served population noted that the company has also recorded significant adoption of Konga Pay, its internally-owned and Central Bank of Nigeria (CBN) licensed mobile money platform. “I believe the e-commerce sector in Nigeria will become a multi-billion dollars industry in the near future. The foregoing was disclosed by Prince Nnamdi Ekeh, co-chief executive officer of Konga, in a chat with Cable News Network (CNN), global news medium, last week. In the 53 rd day of the year 1956 in the Gregorian calendar, a Lion was born at Ubomiri, Mbaitoli Local Government Area (LGA) of Imo State to Chief and Mrs. Ebenezer Ekeh of blessed memories and his name is Dr. Leonard Nnamdi Stanley Ekeh. Prince Nnamdi Ekeh. Too much "blackness", Exclusive: Nigeria Has Highest Number of International Students in Hungarian University, Says Ambassador Yunusa, COVID-19: LASG Extends Work-From-Home Directive As Virus Surges On, U.S. Senate Republican asks tech firms to explain account, content removals, Uganda Decides: President Museveni wins 6th term, re-elected with 58% votes, Three UN peacekeepers killed in 3 days in CAR, Mali, Zinox iPower Inverter Claws to Market Dominance, Your Kidney is Your Life, Watch Your Lifestyle, Counsels Dr. Amira. Shola Akinlade. At just 23, Ekeh exudes a rare self-confidence and self-belief. Prince Ekeh was speaking to CNN Marketplace Africa on the sidelines of the first Creative Africa Exchange weekend held in Kigali, Rwanda from the 16th-18th January 2020. ABOUT US. As a real successful African father, Ekeh has gone ahead to transfer his innovative acumen to his son, Prince Nnamdi Ekeh – the Co-Chief Executive Officer (CEO) of Konga and his colleagues now driving their new-age vision. Men like Bill Gates, Mark Zuckerberg, Michael Dell among others are dreamers; same as Apple founder, the late Steve Jobs. My visit to Konga store also afforded me the opportunity to meet with the Konga CEO, Prince Nnamdi Ekeh for the first time. ‘‘Though we started with a monthly loss of N400m, but with new systems, structure and energy put in place, we have gradually been reducing losses and now about N100m loss per month. label Prince Nnamdi Ekeh bookmark sectors keyboard_arrow_down. And a dream is not the surreal experience that occurs in your sleep; dream is that consuming passion to dare and break new frontiers, a passion to take the wings of an eagle and soar to uncommon heights. The foregoing was disclosed by Co-Chief Executive Officer, Konga Group, Prince Nnamdi Ekeh. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists... Meet Prince Nnamdi Ekeh, the 23-Year-Old Yudala Online Boss Who Wants to Dominate Africa’s e-Commerce, LASG SET TO REMOVE ILLEGAL STRUCTURES ON PROPOSED WORKERS SCHEME, COVID-19: We must focus on opportunities the pandemic provides, make the best of the situation – Osinbajo, Armed Forces Remembrance Day : Boko Haram is weaker today than in 2015 – Presidency, EPL: Iwobi scores as Everton beat Wolves; Pogba powers Man United to top of table, LAGOS CBD INTENSIFIES SENSITISATION ON SECOND WAVE OF COVID-19. Prince Nnamdi Ekeh, co-chief executive officer, Konga Group, who stated this also said that ‘‘Though we started with a monthly loss of N400m, but with new systems, structure and energy put in place, we have gradually been reducing losses and now about N100m loss per month. Nnamdi Ekeh is CEO:Offline at Konga Online Shopping Ltd. See Nnamdi Ekeh's compensation, career history, education, & memberships. He wants to put Nigeria on the global map of places where things can work; where e-commerce can bloom against a multiplicity of odds. This is in line with the vision of the investors and the footprints are already visible from the bold entry and huge impact we have had in Nigeria”. The foregoing was disclosed by Co-Chief Executive Officer, Konga Group, Prince Nnamdi Ekeh. Prince Nnamdi Ekeh CO-CEO @ Konga Nigeria. The Konga CEO was one of the speakers at the event which brought together over 1500 participants from 68 countries and over 250 exhibitors. search Search person. In the face of these odds, Ekeh is working at making e-commerce a major public relations tool for Nigeria. The report took many by surprise as Konga was considered a much bigger outfit, with deeper market ties, compared with Zinox’s Yudala. “The Access Bank conference was a huge opportunity to rub minds with some of the biggest corporate executives and brightest brains in the country and the world. Prince Ekeh was speaking to CNN Marketplace Africa […] He returned home to Nigeria and began working on Yudala. We are the first to combine a world class e-commerce platform with an offline chain of retail stores. I am pleased to see that Prince Ekeh and his colleagues have not taken for granted the opportunity given to them by Mr. Ekeh. Yudala, he says, gives him the opportunity to demonstrate to the world that trust is natural with Nigerians; and much more to show the world that the Nigerian youth is innovative, intuitive, intelligent and can compete with his peers anywhere in the world. AIICO Insurance Plc. Prince Nnamdi Ekeh Yudala. The foregoing was disclosed by Co-Chief Executive Officer, Konga Group, Prince Nnamdi Ekeh. Insecurity: Nigerians React To Nnamdi Kanu's Newly Launched Security Outfit Kanu had, on Saturday, launched the regional outfit via a live Facebook broadcast, which he explained, was necessitated by the current security situation in major parts of the country. ‘‘Though we started with a monthly loss of N400m, but with new systems, structure and energy put in place, we have gradually been reducing losses … We are proudly pan-Nigeria yet richly spiced with African and global news. At his young age, you would expect to encounter a coy, if timid, youth but never. Prince Nnamdi: what? Shola Akinlade Cofounder / CEO at Paystack Nigeria. label Prince Nnamdi Ekeh bookmark sectors keyboard_arrow_down. The son of Leo Stan Ekeh, a man who has built a successful ICT conglomerate, Zinox Group, from a one-shop business centre, the young Ekeh says he was not compelled to venture into online business by his father but is driven by a passion that has come to define his existence. Co-Chief Executive Officer, Prince Nnamdi Ekeh disclosed that Konga went a long way in restoring investor and customer confidence in the Nigerian e-commerce sector. Confirming the development, co-Chief Executive Officer (CEO), Konga Offline, Prince Nnamdi Ekeh, said that the extension of the POD option to Abuja was a fulfilment of the commitment made to customers, even as he disclosed the determination of the company to cover more states in the country and improve overall customer experience. Don Jazzy. The foregoing was disclosed by Co-Chief Executive Officer of Konga, Prince Nnamdi Ekeh in a chat with global news medium, Cable News Network (CNN). Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for … In Nigeria, a nation notorious for cybercrime perpetrated by a few disgruntled individuals, online retail and e-commerce suffer. Prince Ekeh was speaking to CNN Marketplace Africa on the sidelines of the first Creative Africa Exchange weekend held in Kigali, Rwanda from the 16th-18th January 2020. The event was held in Kigali, Rwanda from the 16th-18th January 2020. He explains: “Yudala is unique in the sense that we are the first true composite retail platform in Africa. keyboard_arrow_left. Born into a lineage with rich entrepreneurial history, his business and management skills belie his age. WATCH NOW. A liberal news magazine with global affiliations killed, Father why the vision! 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