• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Companies Company News

Black Friday, an insult to Africans and Nigerians

NM Partners by NM Partners
October 24, 2018
in Company News, Corporate Updates
Black Friday
Share on FacebookShare on TwitterShare on Linkedin

Consumerism is the engine of our contemporary society. It drives the ambitions of 21st Century businesses and large corporates, resulting in a massive all-out assault on the senses of the consumer. By feeding into the frenzy associated with the acquisition of goods and services in ever-increasing amounts, businesses continually re-invent the cycle, creating a culture of consumption that keeps the global economy ticking.

Indeed, as Bernard Mandeville argued in his influential work Fable of the Bees in 1714, a country’s prosperity ultimately lies in the self-interest of the consumer. This school of thought, controversial as it may have sounded back then, paints a realistic picture of the current state of affairs in the 21st Century.

Today, advertising is perhaps the biggest promoter of consumerism.

RelatedStories

Konga Kicks Off 2025 with unbeatable discounts in ‘Jara’ promotion 

Konga Kicks Off 2025 with unbeatable discounts in ‘Jara’ promotion 

January 2, 2025
Konga Yakata heats up for final week: Shoppers anticipate last-minute deals 

Konga Yakata heats up for final week: Shoppers anticipate last-minute deals 

November 26, 2024

In the current age of information overload, one in which a variety of eye-catching goods and services are marketed through a multiplicity of intrusive channels and media, the average consumer’s life is perpetually in need of some product, an upgrade or a switch to a better existence. Worse still, there is an increasingly growing tendency to not only push the consumer to the point of distraction with the deluge of promotional contents, but to get him to accept alien shopping traditions, messages and cultures as a result of the global influence of consumerism.

This trend finds deeper relevance in the concept of emulation, widely regarded as a major plank of latter-day consumerism. The poor attempt to emulate the rich; the rich look up to the stupendously wealthy; modern consumers react positively to celebrity endorsement as a measure of emulating or aspiring to the perceived lifestyle or status of public figures and, more to the point, native consumers are force-fed largely alien or foreign shopping ideas that find no relevance in their cultural realities.

What does Black Friday mean to a native African or Nigerian?

To begin with, the term has no local significance but has its origins in a foreign tradition. Put differently, Black Friday represents another form of neo-colonialism; a repudiation of what makes us African and a wholesale acceptance of the sub-texts of another man’s culture without any form of questioning.

An informal name for the day following Thanksgiving Day in the United States, the fourth Thursday of November, which has been regarded as the beginning of the country’s Christmas shopping season since 1952, Black Friday – as a term – only began to assume widespread recognition around the early 2000s. The earliest evidence of the application of the phrase Black

Friday to the day after Thanksgiving in a shopping context suggests that the term originated in Philadelphia, where it was used to describe the heavy and disruptive pedestrian and vehicle traffic that would occur on the day after Thanksgiving.

Indeed, alternative history indicates that the first recorded use of the term – Black Friday – was applied not to holiday shopping but to financial crisis and the crash of the U.S. gold market on September 24, 1869. As the phrase became more widespread, a popular explanation became that this day represented the point in the year when retailers begin to turn a profit, thus going from being “in the red” to being “in the black.

Today, many Nigerians who have little or no idea of the associated meanings or etymology of the term – Black Friday – glory in the consumerism-driven fever which advertising has helped entrench in the minds without paying heed to how the term came about.

When an entire people lose their way and emulate culturally-alien concepts, there should be a conscious effort to query the norm, to ask questions and to customize these imports to suit native circumstances or existential realities. Little wonder the famous Greek philosopher Socrates quipped: “The unexamined life is not worth living.”

Presently, Black Friday is widely regarded as the busiest shopping event of the year, with research indicating that spending on Black Friday 2017 raked in $7.9 billion in online sales (up 17.9% from 2016) while a whopping $700 billion was recorded throughout the November – December period, a 5.5% rise from 2016.

Perhaps, we would be better off looking inwards for a more fitting term, an original word to situate our acceptance of the annual celebration of global consumerism.

None comes to mind better than what Konga, a Nigerian e-commerce giant, has done with the term – Yakata.

Yakata, in the local Nigerian parlance, means crashing. In other words, the term is used to signify what the annual shopping fiesta has come to represent to the brand and its numerous patrons: a time to crash prices and offer consumers best deals on a wide range of goods and services.

Rather than slavishly ape an alien concept – which Black Friday remains despite the global phenomenon it has become – Konga has given us a refreshing variation on the theme by re-christening it Konga Yakata. Interestingly, Konga has also gone beyond just jumping on the Black Friday band-wagon to actually making it a sales event worth participating in.

Konga Yakata, as an original term finds more relevance with Nigerians and Africans, is indigenous and most importantly, lends a proudly local flavour to what is a very important shopping activity in the annual calendar. Through it, Konga has managed to do what other e-commerce companies have been unable to do: take a foreign concept, adapt it our local circumstances and weave/build a solid original structure around it which every patriotic Nigerian shopper should be proud of.


Robert Flynn, an e-commerce researcher from New Jersey, resides in Abuja


Follow us for Breaking News and Market Intelligence.
Tags: Black FridayKongaKonga Yakata
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

Related Posts

Konga Kicks Off 2025 with unbeatable discounts in ‘Jara’ promotion 
Companies

Konga Kicks Off 2025 with unbeatable discounts in ‘Jara’ promotion 

January 2, 2025
Konga Yakata heats up for final week: Shoppers anticipate last-minute deals 
Companies

Konga Yakata heats up for final week: Shoppers anticipate last-minute deals 

November 26, 2024
Konga Yakata black Friday Sale begins: Up to 85% discount across categories 
Companies

Konga Yakata black Friday Sale begins: Up to 85% discount across categories 

November 4, 2024
Konga launches 30-Day shopping extravaganza for Nigerians 
Companies

Konga launches 30-Day shopping extravaganza for Nigerians 

October 21, 2024
Konga announces Starlink week: An opportunity to own high speed internet kit 
Companies

Konga announces Starlink week: An opportunity to own high speed internet kit 

August 26, 2024
Konga launches Back-to-School campaign: Unbeatable deals for parents, students, teachers, and educational institutions
Companies

Konga launches Back-to-School campaign: Unbeatable deals for parents, students, teachers, and educational institutions

August 19, 2024
Next Post
Caverton Helicopters

Caverton releases Q3 2018 financial results

Comments 2

  1. Anodebenze says:
    October 29, 2018 at 3:24 pm

    “Black Friday”a white American from new jersey is telling us African that we African feels insulted to uses this word black Friday, i tell you how i feels ,honestly we Nigerians do not give any sh–t about black Friday,i tell you,where I am offended that any white American is living in Africa not to talk about nigeria.For 400 yrs we Africans suffers in the hands of white people,if not the trading of African slave,we are discriminate due to the colour of our skin.
    Blackness is not any new thing to us Africans,he speaks in the context of American society,the full name of sudan in Arabic” the land of the blacks”,the ancient Egyptians uses the word K(e)M(e)T blackness,the black landThe,ancient Egyptian migrated from the area of Kenya and Uganda up to the nile delta about 25,000 b.c.about 12,000 b.c another revolution happened the ancient Egypt separated from sudan,in sudan they created new kingdom Kush or nubia,in language and culure.When the ancient Egypt started to decline the nubias did invade Egypt,but they did not fully controlled ancient egypt especially the lower Egypt/the nile delta
    The greeks due honours the ancient egypts as they were educated and enlighten by the ancient egyptians.the name Ethiopia means” burnt faces” burnt face is a greek word to difirenciate from other Africans who are not from ancient egypt.In present Nigeria,we the igbos uses this word ndigbo meaning “we the igbos”this is the first igbos think,then they think about Nigeria or the other tribes,it’s not strictly tribalism we the igbos which means ” we the people of Igbo”incidently living in present nigeria

    Reply
  2. Chukwuebuka Obieri says:
    October 30, 2018 at 1:05 pm

    This has to be one of the most ridiculous articles I have read in a long time. I find it hard to believe that the writer is from the US as his name suggests. However if the writer is indeed a white man from New Jersey, then rather than the cultural rallying cry the article wishes to elicit, it appears to be another case of a white man telling people other than him/herself what to be offended about and why.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
first bank
Zenth Bank









DUNS

Recent News

  • Lagos Govt grants extension for removal of buildings along Ikota River in Lekki estates 
  • Nigerian Senate passes final two tax reform bills, paving way for presidential assent 
  • All-Share Index shatters 109,200-barrier at N68.6 trillion cap, prints the highest high ever 

Follow us on social media:

Recent News

Lagos govt mandates permits for amplified sound in nightclubs, worship centres 

Lagos Govt grants extension for removal of buildings along Ikota River in Lekki estates 

May 8, 2025
President Tinubu appoints Ibrahim Gaga as new Executive Director of NEXIM Bank  

Nigerian Senate passes final two tax reform bills, paving way for presidential assent 

May 8, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics