e-Commerce Lead: Konga, Yudala likely to emerge

ITREALMS:

The newly acquired Konga by Zinox Group is very likely to merge with Yudala, to become the largest e-commerce conglomerate in the continent, ITRealms can authoritatively report.

This latest mulling of a merger, was also hinted by the Punch Newspapers, in what is widely seen as a highly strategic move that will see them ultimately assume leadership of the e-commerce space.

ITRealms also gathered that the merger will take effect from the month of April 2018.

However, the overwhelming position among industry experts point to the merger of Konga and Yudala as a potential game-changer for e-commerce in Nigeria. In their view, a merger between both companies will involve a synergy of Konga’s impressive online platform and robust technology as well as Yudala’s ubiquitous physical store presence and access to genuine products.

In addition, the merger will significantly raise the combined market share of both companies, effectively making the emerging force the biggest e-commerce company in Nigeria.

Furthermore, there is widespread optimism that the combined strengths of Konga and Yudala will not only significantly broaden the scope of e-commerce in Nigeria, but will also go a long way in improving consumer experience by lending more ease and convenience to the shopping process, offering more options to potential and existing shoppers and expanding access to an even wider range of products, services and solutions for Nigerians.

Founded in July 2012, Konga has dominated the news recently after its acquisition by the Zinox Group, Nigeria’s tech giants after months of intense negotiation with major investors, Naspers and AB Kinnevik. The company had wasted no time in announcing a couple of strategic management decisions, with the appointment of Olusiji Ayodele Ijogun, a seasoned and widely experienced technocrat as Chairman and Nick Imudia, a renowned business leader and former Vice President of Nokia as Chief Executive Officer (CEO).

Yudala, on the other hand, holds the enviable status of being Africa’s pioneer composite e-commerce company. Launched a little over two years ago, Yudala's ambitious retail roll-out strategy and network of physical stores has helped the company reach many unserved and under-served members of the Nigerian populace. The company has also been bold in making a statement of intent with its emphasis on genuine products and best prices.

Nenye Dom/GEE

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Medical Vacation: Buhari likely to be treated by Nigerian professional in diaspora

ITRealms:

There is a likelihood that some members of the Nigerian medical practioners in diaspora could form part of the team to treat President Muhammadu Buhari during his medical vacation in the United Kingdom, on his suspected Ear, Nose and Throat (E.N.T) ailment, reports ITRealms.

This indication was given by the former President of the Nigerian Medical Association (NMA) and current vice president, Commonwealth Medical Association (CMA), Dr. Osahon Enabulele, asserting that Nigeria has in excess of 8000 medical doctors in diaspora.

According to him, over 3,000 Nigerian trained medical doctors are practicing in the United Kingdom alone, where the President was purported referred to, which makes it impossible for him to be treated without likelihood of a Nigerian doctor in the team.

Also in the United States of America, he said, there are over 5000 Nigerian trained medical doctors, amongst other foreign countries, stressing that most of whom left the shores of Nigeria on account of government’s perennial failure to address the various push and pull factors which have consistently driven this yearly brain drain phenomenon in Nigeria.

As at last count, he said, available records showed that last year (2015) alone, 637 medical doctors emigrated due largely to poor working conditions and health facilities, insecurity, unpredictable and poor funding of Residency Training Programme, uncompetitive wages and job dissatisfaction.

ITRealms recalls that Presidency had on Sunday informed Nigerians that President Buhari would be on a 10-day medical vacation to UK where he has been referred to see an E.N.T specialists.

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