Connect with us
iubh
Advertisement
Alpha
Advertisement
Hotflex
Advertisement
british airways
Advertisement
Advertisement
UBA
Advertisement
Patricia
Advertisement
app

Business News

Konga opens new stores in Lagos, Abuja, Uyo, Rivers, Warri, others 

Konga has spread its tentacles to grow the list of retail stores across Nigeria as it commissioned outlets in Lagos, Abuja, Uyo, and others.

Published

on

Konga opens new stores in Lagos, Abuja, Uyo, Rivers, Warri, others 

A foremost e-commerce giant, Konga has spread its tentacles to grow the list of retail stores across Nigeria as it commissioned outlets in Lagos, Abuja, Uyo, Akwa Ibom State; Port Harcourt, Rivers State, and Warri, Delta State.

As Nigeria’s only omnichannel retail superstructure, the retail stores would enable the e-commerce firm to offer quicker delivery and multiple fulfilment options such as Pay on Collect and Pay and Pick Up to its growing database of customers.

The new stores, according to Vice President, Konga Retail, Kalu Johnson, would function as additional ingestion locations for the over 200,000 sellers on the Konga platform.

[READ MORE: Konga now offering merchants loan at 2.08% interest rates]

Details: Konga launched two new stores in Lagos, Nigeria’s commercial capital, located in Lekki and Victoria Island. The Lekki store sited within the vicinity of the sprawling Lamborghini structure is situated at Plot 113, Lekki Peninsula Residential Scheme, Ikate, Lekki. On the other hand, the Victoria Island store is situated at 11 Saka Tinubu Street, Victoria Island, Lagos. The additions take the number of Konga retail stores in Lagos to 16.

In Abuja, Federal Capital Territory, a new store was opened at Commerce Plaza store, located at Plot 1169 Durumi District in Area 1.

Konga opens new stores in Lagos, Abuja, Uyo, Rivers, Warri, others 

Shoppers in Akwa Ibom State can smile as Konga recently unveiled a superstore in the bustling capital of Uyo. The store, which was launched in September, is prominently located on the ever-busy Ikot Ekpene Road by Plaza Roundabout.

In Warri, the new store is located at 37 Deco Road opposite Robinson Plaza. Konga’s patrons in Port Harcourt can also count on taking part in the Konga retail roll-out with the store located at Plot 146, Trans Amadi Industrial Layout, Oginigba, along Slaughter Road.

Johnson said, “A few weeks ago, we added a number of stores to the list of our stores nationwide. Konga now have over 31 physical stores in place, including the ones located at 22, University Road Abule-oja, Yaba, Lagos; SUG Resources Secretariat at Bayero University, Kano; Plot 11, Block 113, 3rd Roundabout, Lekki-Epe Express Way, Ikate, Lekki, Lagos; Plot 1596, C Close, 4th Avenue, Festac Town, and Commerce Plaza Area 1, Abuja, among others. 

british airways

“We are working tirelessly to expand the number of physical stores on the Konga platform. The mandate of the Konga management is to ensure that each of Nigeria’s 776 local governments have at least one Konga store. This is the long term vision and we are on track to achieving this.”  

[READ ALSO: Konga’s Sim Shagaya reignites e-commerce war as he reacts to Jumia’s scandal]

He added that the Konga retail store acts as a collection point for orders placed online. “Also, the store serves as an ordering centre where shoppers can walk in and place orders for items that are not physically available in-store. They also function as payment points where you can pay cash while shopping or when picking up your delivered items.”

Stanbic 728 x 90

Abiola has spent about 14 years in journalism. His career has covered some top local print media like TELL Magazine, Broad Street Journal, The Point Newspaper.The Bloomberg MEI alumni has interviewed some of the most influential figures of the IMF, G-20 Summit, Pre-G20 Central Bank Governors and Finance Ministers, Critical Communication World Conference.The multiple award winner is variously trained in business and markets journalism at Lagos Business School, and Pan-Atlantic University. You may contact him via email - [email protected]

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Business News

DPR says it has accurate data of country’s crude production volume

Head, Public Affairs of DPR, Mr Paul Osu, said every litre of crude produced in the country was adequately captured during the process of extraction.

Published

on

Nigerian oil cargo

The Department of Petroleum Resources (DPR) has said that the agency has an accurate record of the crude oil produced in the country.

This is in reaction to claims that the exact volume of crude oil produced in the country has remained unknown.

While making this disclosure in a statement in Lagos, the Head, Public Affairs of DPR, Mr Paul Osu, said every litre of crude produced in the country was adequately captured during the process of extraction.

What the Head, Public Affairs of DPR is saying

Osu said DPR has the responsibility of monitoring and accounting for crude oil production which is the basis for determining the government’s revenue through royalty payments by operators for sustainable development.

He said: “As a further step to boosting crude accounting process from production to export, DPR recently launched the National Production Monitoring System (NPMS).

NPMS is an online platform for direct and independent acquisition of production data from oil and gas facilities in Nigeria.

NPMS as an electronic data transmission tool at production and export terminals is designed to better predict the performance of oil and gas reservoirs and better production forecasting.”

Osu noted that the NPMS tool enables DPR to exercise surveillance, perform production monitoring and data analysis for utilisation and forecasting.

He said DPR as a business enabler and opportunity house would continue to develop robust and strategic initiatives to ensure timely and accurate payment of rents, royalties and other revenues due to the government.

british airways

In case you missed it

  • It can be recalled that the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Orji Ogbonnaya-Orji, on Thursday said the exact volume of crude oil produced in Nigeria, especially at the deep offshore fields, is not known by anyone.
  • He said the exact volume of crude oil produced in Nigeria had remained unknown because of the absence of meters at wellheads and the lack of capacity to monitor deep offshore fields.

Continue Reading

Business

Sanwo-Olu flags off Red line rail project as Lagos compensates property owners

The 37-km Rail Mass Transit Red Line will traverse from Agbado to Marina, moving over 1 million commuters daily.

Published

on

FG inks $3.9 billion deal with Chinese firm for construction projects

The Lagos State Governor, Babajide Sanwo-Olu, has flagged off the construction of the 37-km Rail Mass Transit Red Line, which will traverse from Agbado to Marina, moving over 1 million commuters daily.

This is as the state started the compensation of identified project-affected persons of the Lagos Rail Mass Transit Red Line project with the Governor handing over cheques to displaced property owners who were affected by the right-of-way.

The groundbreaking ceremony which took place at the Ikeja Train Station on Thursday was witnessed by the Minister of Transportation, Rotimi Amaechi, who was represented by the Director-General of the Nigerian Maritime and Safety Agency (NIMASA), Dr Bashir Jamoh, and the Deputy Governor of Lagos State, Dr Obafemi Hamzat.

What the Lagos State Governor is saying

Sanwo-Olu said the Red Line project which is to be fully operational in the last quarter of 2022 with 8 train stations from Agbado to Oyingbo, is another initiative of his administration to deliver enduring infrastructure for the transport system and make Lagos a competitive megacity.

The Governor said: “Today’s flag-off of the construction of infrastructure for the standard gauge Red Line is another promise kept and it demonstrates, in practical terms, our commitment to achieve the objectives of traffic management and transportation pillar in our development agenda. This is because we recognise the role which an efficient transportation system plays in enhancing people’s quality of life and as a major driver of socio-economic development.

The State’s Strategic Transport Master Plan, which encompasses a number of projects that are germane to achieving our vision for a Greater Lagos, is founded on imperatives that seek to increase transport choices for all users and make the transit system integrated, attractive, convenient, affordable and accessible.

Since efficient transportation is the backbone of any economy, we are happy to be committing this investment in our transport infrastructure, so that our people can meet their daily targets and aspirations. This all-important transport project we are all gathered to witness today represents a major step in this direction.

Sanwo-Olu said that in order to facilitate smooth operations of the Red Line, the State Government would be constructing ancillary infrastructure, including 6 overpasses at strategic level crossing points along the rail corridor to eliminate interactions between the rail system, vehicular and pedestrian traffic.

The overpasses will provide grade-separated crossings that will enhance safety for the rail system and road users.

He said: “The unique characteristics of the Red Line is its integration with the Ikeja Bus Terminal, Oshodi–Abule Egba Bus Rapid Transit (BRT) lane, the future Orange Line, which goes from Ikeja to Agbowa, and the General Aviation Terminal One of the Murtala Muhammed International Airport through a skywalk.

british airways

Another unique feature of the Red Line is that all the stations have elevated concourses with either at grade island or side platforms for easy boarding and alighting of passengers. The Red Line also integrates with our Bus Terminals at Oyingbo, Yaba, Oshodi, Ikeja and Iju, giving modal options to our people in their daily commute, either for business or leisure.”

The Governor presented cheques of different amounts as compensation to 25 residents whose properties, businesses and accommodation will be affected by the project. Over 263 properties are affected with many of the property owners and tenants smiling as they got their cheques.

What you should know

  • The Red Line is part of the state government’s vision of an integrated multimodal transportation system contained in the State’s Strategic Transport Master Plan (STMP), developed by LAMATA, which aims ultimately to birth a world-class transportation network that will support the state’s profile, as the economic capital of Nigeria and Africa.
  • It is to raise mass transportation capacity in the State, complementing the Blue Line that traverses from Okokomaiko to Marina.
  • The rail corridor will be constructed in three phases. The first phase (Agbado-Iddo), which will be completed in 24 months, will be sharing the track with the Federal Government’s Lagos-Ibadan Railway Modernisation Project up to Ebute – Metta and will have its dedicated track from Ebute – Metta to Oyingbo and reduce travel time from about two and a half hours to just 35 minutes.

Stanbic 728 x 90
Continue Reading

  





Nairametrics | Company Earnings

Access our Live Feed portal for the latest company earnings as they drop.