Category: Shopping

  • ‘Shopping malls remain huge attraction in Aba city’

    ‘Shopping malls remain huge attraction in Aba city’

    Dr. Wasiu Babalola is the Managing Director, Africa Swiss International Hotel and Resorts, which just signed a Memorandum of Understanding (MoU) with the Aba Chamber of Commerce, Industry, Mines and Agriculture to resuscitate the ailing Enyimba Hotel, among other projects. In this interview with Sunny Nwankwo, he speaks on the prospects and opportunities in Aba, the hub of commerce and industry in Southeast.

    Attraction in Aba

    Swiss International has been in Africa since   2012 and we have been to different states, but we have not been to the South East. So, it is a strategic move  considering the location of Aba, being so close to so many areas in the South East and South South. Secondly, most international companies believe that if you are not in Port Harcourt, Abuja and Lagos, which are the primary markets, you cannot make it. But it is not true.

    But more specifically, we are in Aba to kick start the remodeling and expansion of former Enyimba International Hotel, now Swiss International, Enyimba, Aba. I said so because it used to be Enyimba Hotels, but since we entered into partnership with the Aba Chamber of Commerce, Industry, Mines and Agriculture (ACCIMA), the identity of the place changed automatically.

    It is going to be developed into a five-star hotel and probably would be turning Aba into, not only a commercial centre of the Southeast, but also a conference centre that can accommodate people of about 1000 capacity. There will be swimming pool, squash course and shopping arcades, amongst others. What we are doing is that, we are trying to change the face of hotel business in Aba and the state at large. Aba should not only be known as a business city, but a place where people can come to relax.

     

    Terms of ownership

    The hotel is under a private partnership arrangement. But in terms of ownership, it belongs to Enyimba International Hotel and Aba Chamber of Commerce. Of course, after the inuaguration, a sizable percentage will be owned by Enyimba International Hotel and Aba Chamber of Commerce. The contract is something that we have been discussing for two years considering the interest of Aba people in terms of employment. We are coming with the first hospitality school in the Southeast that will have an international backing. It is direct investment and we will be injecting N6billion into Abia State’s economy. Other things being equal, this project should be delivered in about 18 months.

     

    Budget

    At last count, we were looking in excess of N6billion because the one (building) we already have is in carcass. Only the building is standing. We are going to also complete the extension and on the other side of it. We intend to build executive suites and a presidential lodge. You know that Abia is surrounded by four states, namely: Imo, Enugu, Anambra, Ebonyi. So, if their governors should attend events at the same time in Aba, they can comfortably pass the night at the presidential suites.

    We are also going to increase the rooms from 105 to 141. There will also be a conference hall that will contain over a thousand people and this will prove that we are ready to host international conferences in Aba.

    By the end of the remodeling, there will be a swimming pool, a squash course, shopping malls, a club house at the basement, and we are also creating what we call Enyimba Village or city, a lawn tennis course and a football field so that the idea of Aba being a football loving city, which hosts Enyimba Football Club (FC) will be maintained. We anticipate the school to be open like four to six months before the hotel becomes operational so that we will train the manpower that will fit into what we are looking at.

     

    Our antecedent in business

    This is not the first project that we are embarking upon since we came to Nigeria. There is a 320-bedroom hotel in Abuja that we are also handling. When it comes to Swiss International, we don’t talk to clients because we are only interested in your money. We understand the financial situation in Nigeria, that Nigeria doesn’t have a long term investment strategy for those investing in a hotel. And that is why we have on our platform investors, financial consultants, who have access to different kinds of funds that will protect a long-term interest of whatever venture we want and they all work with us.

    On the fund we are infusing into Aba Enyimba Hotel, it is an investment fund that Aba people may want to pull out after seven years, even if you want to buy any fund you can and take full ownership and I can tell you that Abia people own a very sizable number of investment in this property that you cannot change anything without their consent.

  • ‘We ’ll flush out drug cartels’

    Acting Director-General of Standards Organisation of Nigeria (SON) Dr. Paul Angya has  threatened to go after the cartel that specialises on distributing substandard goods.

    Angya spoke when the Benue Journalists Forum of Nigeria (BJFN) honoured him in Lagos with the Excellence and Dedication to Service Award in recognition of his efforts at reshaping the agency within six months of assuming office.

    He promised to live up to the mandate of the agency, promising to adopt measures that will curb the menace of the cartels.

    “They (cartels) try to compromise public officers through blackmails and threats,” he said, adding: “I have received such threats already. But we are prepared to fight back this time and stave off intimidation until we dislodge them.”

    The SON boss said the agency is  working on computerised codes which will require that all imported household products pass through compulsory checking by 2017.

    “We have mapped out our strategies to ensure that any unit of product, imported or locally produced, must be properly checked and sealed with a computerised code. Any unit that doesn’t carry a code is fake. Buyers will be able to verify through SMS to know if the unit has been checked or not. That’s the only way we will fight them, purely by being tactical as we strive to live up to our mandate, and not allowing any compromise.”

    He added that the agency, under his watch, will ensure that the Chinese authority signs agreement, which they have been dodging all the while, to check the standard of every product imported from China. Angya also said people selling household products will be identified and registered, to track their activities.

    Angya commended the Buhari led administration, saying the government is determined to fight corruption and he was positioned strategically to make that happen in SON.

  • Firm restates commitment to CSR

    Firm restates commitment to CSR

    Mantrac Nigeria Limited, the sole dealer of Caterpillar products and services in the country, has restated its commitment to investing in corporate social responsibility (CSR).

    The company’s CSR initiative focuses on boosting the skills of young engineers. It has created e-learning website for engineering graduates, who plan to become technicians in Nigeria and other African countries.

    The website is leveraging on Caterpillar’s state-of-the-art e-learning solutions and making them available to those interesed in becoming a career as a heavy equipment technician. It is expected to bridge the gap that exists between human labour and required skills.

    Three  of the candidates, who completed the Caterpillar e-learning modules were honoured and given their certificates and Caterpillar kits by the company at its head office in Lagos.

    Its Managing Director, Edmund Martin-Lawson, who described the initiative as “giving back to society,”said: “the training would help the beneficiaries to upgrade their skills and foundation knowledge of Cat products and their operations”.

    Martin-Lawson said the company also provides Caterpillar engines and generators for the oil sector and industrial users, as well as the small range of generators for small –scale industries and residential applications.

    Technical Training Manager, Lateef Adenle said the free, e-learning curriculum contained 18 modules of easy-to-understand, technical insights into safety and basic fundamental systems like electrical, hydraulics and power train.

    He said Caterpillar recognised the technicians by giving them certificates of completion, adding that the first five persons, who completed the modules were equipped with Caterpillar special tools to aid their work in future, adding that their experiences would be shared on Caterpillar’s website.

    Earlier, the training manager had conducted the participants round the various departments of the company in the country, including the workshop, re-building section and generator assembly plant, to acquaint them with the operational logistics of the company.

    Echoing similar sentiments, the Company’s Service Operation Manager, Ahmed Ragab, said access to the basic Caterpillar Technician curriculum was free. He said those who registered for the curriculum had the opportunity to upgrade their knowledge and upon successful completion of the curriculum, would be given their certificates of completion to support their chances of getting jobs.

    One of the participants, Adebowale Olorunlana, an engineering graduate from the Lagos State University (LASU), while thanking the company for the opportunity, said the training was capable of upgrading his skill and urged the company to extend the opportunity to other engineering graduates across the country.

  • Network rewards ‘loyal’ members

    The Meridian Network Group, also known as Melisfon, has  rewarded its network members for introducing people into the network.

    The receipients got bronze and gold awards. Others who are not members of the network will have the opportunity to register and be equally rewarded.

    Members of the network, who qualified for the bronze category, all went home with Android Tablet phones, as many of them got up to four phones, others three two and one depending on their hard work.

    In his remarks for the networks, Managing Director, Dr. Gift Madu said: “Maybe it’s because of its concept which is uniquely different from what many Nigerians who are into networking business are used to.

    Others sell herbal products, and network with people to get them into their circle, but Meridians as they are called render services to members of their network and do not sell products.”

    Expatiating, Madu said: ‘’Prospective winners will enjoy periodical free medical services, skill acquisition scheme, leadership training and management scheme and social responsibility scheme.

    ‘’This may have been responsible for why so many Nigerians trusted their own indigenous networking company by striving to become members in order not to be left out of the mouth-watering rewards. The fantastic rewards coming at a time when the country is in deep economic crisis amid falling oil prices, may be the elixir that is working in favour of the company. There was excitement and joy as the management of Meridian reeled out the awards after verification to over 1,500 people for their commitment and hard work.”

  • Firm unveils first online auction platform

    One Naira Integrated Resources Ltd, owners of i-naira.com brand, has launched the first online auctioning platform in Nigeria.

    The firm is a wholly owned Nigerian company with speciality in consumer sales promotion. It was established to deliver  value bargains to under-served consumers across the country. Speaking on the innovative platform, Hillary Nwaukor, CEO, i-naira.com, said it was founded to fill a yawning gap in the market, which is delivery of value bargains to consumers.

    He noted that the company through its auctioning platform will act as a middle man between merchants/vendors and consumers seeking for value bargains online. “Our goal is to help companies reach a broader consumer base across the country beyond their traditional audience and channels.

    “Our robust self-aware intelligent platform, i-naira.com, offers bargain merchandise in categories that include fashion, electronics, household items, automobiles and real estate, using promotions and auctioning as tools,” Nwaukor said.

    He pointed out that in auctioning, prices can start at zero but an auction will only close at a price within the agreeable terms between i-naira.com and the vendor that provided the item for sale. He emphasised that “some auctions are absolute while others are reserved”. Effectively, what this means is that an absolute auction can start and close at any amount and the last bidder wins the item but a reserved bid can start at any amount but must close at a reserved price acceptable by the vendor or at an amount higher before a winner can emerge.

    All deals on i-naira.com starts at N5000 only. Hillary Nwaukor disclosed that  i-naira.com have also been recognised and encouraged by the Federal Government of Nigeria through the recent invitation to share its innovation story with start-up companies and investors at a forum organised in Abuja in July by the Office for ICT Innovation & Entrepreneurship (OIIE) under the auspices of the National Information Technology Development Agency (NITDA). The company also signed a major deal that gives i-naira.com the exclusive rights to auction Austin Jay-Jay Okocha’s memorabilia for his foundation, the Jay-Jay Okocha Foundation the same month.

    When asked on abuse of the system by those who may bid for items and refuse to pay for them, he highlighted that there are measures in place to mitigate against such occurrence.  For instance, to use the platform, there is  one-time registration fee of N2, 000. This deters unserious customers from using the platform. Secondly, when a bid is won and bidder refuses to pay, the account is suspended until a mandatory 15per cent penalty calculated from the final bid on the item is paid.

    After unveiling its pre-launch campaign in February, i-naira.com has successfully collated over 300,000 re-marketable data from Nigerians interested in wares auctioned and has recorded  an average monthly hit of three million visitors to its website. The company’s micro-blogging handle is also verified by Twitter.

    A member of Certified Institute of Auctioneers, Nigeria (CIAN), i-naira.com is adjudged the first technologically driven auction platform in Nigeria by the Certified Institute of Auctioneers, Nigeria.

  • SPAR’s heart of gold

    SPAR’s heart of gold

    In line with its quest to give back to its host communities, SPAR Hypermarket has presented gift vouchers to outstanding pupils of Access Group of Schools, Calabar, Cross River State.

    The hypermarket, which opened its 10th store in Calabar, explained that the gesture was in recognition of the outstanding performances of the pupils.

    Consequently, it handed 15 SPAR gift cards worth N5,000 each to the best graduating students in each subject while the overall best student, Miss Precious Martins, went away with a N10,000 SPAR gift card.

    The brand’s spokesperson, John Goldsmith, said:  “Investing in our children and encouraging the younger generation is a sure Investment towards a greater Nigeria. ”The gift cards were handed over to the pupils by SPAR representatives, Mr. Chuks Ubah and Mr. Emmanuel Isangediok. Goldsmith disclosed that as SPAR expands its operation in Nigeria, so does it seek to directly impact lives of members of the community- old and young alike.

    He further explained that being a family-oriented brand, SPAR’s holding company in Nigeria, ARTEE, believes that Corporate Social Responsibility (CSR) is paramount in building and maintaining stakeholder trust for any company in the community, thus ensuring long term success for both the business and its host community.The brand, which also recently began the “Easy Payment” scheme nationwide, where loyal shoppers can make purchases and pay later, says with this, it is endearing itself to the mid-class consumer.

    “Adding value beyond limits remains SPAR and ARTEE Group’s stance even in the face of industrial challenges that may have inhibited other brands.

    “In the present economic state of the country, the brand finds ways to add value to its host communities,” Goldsmith submitted, adding that the Hypermarket has long recognised that investing in customers beyond its retail doors is a crucial aspect of its business activities in Nigeria.

  • Jumia makes 50 global smartest firms list

    Jumia makes 50 global smartest firms list

    The Massachusetts Institute of Technology (MIT) has named African Internet Group, which re-branded to Jumia, amongst the world’s 50 Smartest Companies for 2016.

    MIT editors picked 50 companies worldwide that best combine innovative technology with effective business models, taking into account the results emanating from a set of agenda in their respective sectors over the past 12 months. Jumia, the only e-commerce company in Africa to have made the list, ranks no.47 amongst other tech giants like Amazon, Huawei, Facebook, Microsoft and more. Ranked just after social media phenomenon Snapchat, Jumia (formerly Africa Internet Group) is recognised by MIT as a leader in its sector, using technology to redefine multiple industries.

    Through its 9 services, Jumia provides online solutions to the African consumer in an array of sectors: hospitality, food, general merchandise, electronics, fashion, deals, jobs, cars and houses.

    The general merchandise online retail store Jumia, which bears the flagship name, as a true game changer, redefining the way African consumers shop. Other services mentioned are Jumia Travel (formerly Jovago), a leading hotel booking portal, and Jumia Classifieds comprising four online marketplace for jobs, deals, cars and houses.

    The company’s vision and objectives have been backed by top brands like telecom giants MTN and Orange, a leading insurance and financial company AxaMansard, as well as Millicom and Rocket Internet who see the group as a way of accessing the continent’s developing and promising online economy.

    Indeed, Jumia Group has contributed immensely to the digitisation of the African ecosystem- 1 in every 25 Africans visited Jumia websites in 2015, and more than 50 per cent of those visits are made via a mobile phone.

    The different services of Jumia are among the top 6 visited websites in the countries in which it operates and account for than more than 15 million visitors each month.

    According to the Chief Marketing Officer, Jumia, Fatoumata Ba, she stated that, “We are humbled to be recognised for our role in redefining the way Africans shop, travel, buy and sell.

    Our strength comes from our deep knowledge of our customers and of the countries we operate in.

    This has allowed us to build solutions and services that are entirely tailored to the behaviors and realities on ground such as low bancarisation that we address through cash on delivery, relatively low internet penetration that we address through our offline sales force and a strong reliance on mobile which we have understood, by providing a great electronic assortment with leading brands and providing an amazing mobile shopping experience to our customers.

    We will continue to develop those services with as much passion as when we started in 2012 and hopefully rank even higher in the MIT list next year”.

  • Boom time for children fruit juice

    Boom time for children fruit juice

    The array of fruit juices for children on the shelf may throw their parents into confusion. To make a choice under this condition, it is advisable to consider products’aesthetics, among other factors, writes TONIA ‘DIYAN.

    The business landscape in Nigeria is undoubtedly attractive to investors because of the population size. Consequently, consumers may be confused in making their choice from the array of brands they find in the market. Nowhere is this dilemma more evident than in the foods and beverages’ category of the fast moving consumer goods sector.

    The consumer goods sector, comprising the food and drink category, non-food products and the retail category, compete for leadership through various offerings, particularly those brands targeted at children. For example, foods, such as Indomie noodles, already prepared custard in sachets from the stable of Chi, producers of Hollandia yoghurt, among others, lead the pack in the rat race to capture the hearts of children and their parents. Also, drinks such as Bobo, Viju Milk, Ribena, Happy Hour, Lucozade Boost, Capri-Sonne and Nigerian Breweries’ Maltina have all joined the fray.

    However, some of these brand owners face the challenge of ensuring that their products are accepted by their target market. According to Jack Trout and Al Ries in The 22 Immutable Laws of Marketing, marketing is not truly a battle of products, but a battle of perceptions and this implies that even if a product is of the highest attainable quality, brand owners must still work on the perception from consumers.

    Today, genetically modified or synthetic consumer goods are being widely promoted despite the protests against their use. This should give natural products an edge in the minds of consumers, who want the best.

    A fruit juice drink retailer at Alade market in Ikeja, Lagos, Mr Ikechukwu Ukomadu, said the demand for children fruit juice drink, which he sells, is unparalleled.

    Ukomadu stocks some drinks more than others, because they are preferred drinks for children worldwide and they control more than 80 per cent of the fruit drink market for children in the country. According to him, some contain 100 per cent natural ingredients and it is estimated that five billion pouches are sold every year in approximately 100 countries. A particular one, he said, is made with the best juice of sun ripened fruits available and contains no artificial flavours and colours or preservatives.

    “The silver pouch used to pack some of these fruit drinks have made some more popular than others, particularly among parents and children, as their designs make them easily portable. Most pouches are sturdy, hermetically sealed and tamper proof. They can withstand many tumbles and pass the hardness test in a freezer without bursting. This means that they can also be enjoyed as a tasty ice treat,” he said.

    The Nation Shopping spoke with some primary school pupils, who shared their experiences from their favourite fruit juice drink.  Majority said their choices are determined by consistent promotional offer a particular brand gives, some others said the taste of the drink is their attraction to a particular drink while others said the tamper proof nature of some of these drinks have kept them stuck with a particular brand as they won’t have to wipe their launch packs each time they keep the drink in them.

    A pupil of Caleb International Nursery and Primary School in Lagos, Nonye Akumeh said Capri-Sonne fruit juice brand has been consistent in giving promotional offers to children, likewise Bobo, which is why they have become her choice fruit juice drinks. “One of Capri-Sonne’s offers from which I benefited is the ‘Capri-Sonne School Surprise Offer.’ It provides rewards for kids, who patronise the brand. Rewards like taking children abroad on excursions or on a shopping spree to have fun. Bobo would insert exercise books and stationeries into their packs before selling them out,” she said.

    She added that most offers come with several other exciting gifts such as wrist watches, flash lights, pouches, colour pencil cases and many more that will be useful for kids at school. “There was an extra bonanza option, where children would submit Capri-Sonne flaps or Bobo caps and stand the chance of getting free Jumbo Crayons and Water Colour Boxes and sometimes trips to Disney land,” she said.

    For Chinelo Agwu, another pupil of the school, the taste of Ribena is incomparable and nourishing. ”I am really not particular about freebies, if I want some of those treats, my parents would buy them or make them available. I just love the taste of Ribena and the fact that it nourishes my body. And that is why everywhere I go, I opt for it rather than any other drink. I would rather not take any fruit juice if I don’t find Ribena,” she said.

    In today’s world, healthy living is uppermost in the minds of the people and mothers, in particular, tend to be extra careful with what they give to their children. It is obvious that many people, including children, do not drink enough. They tend to eat too much, but not drink enough! This is why parents use simple tricks such as buying fruit drinks to encourage their children to drink more.

    But in the long run, the children are only going to drink more if they like and enjoy the taste of the beverage. When children turn fussy about eating, parents turn to buying healthy and nourishing products that suit the children’s taste buds and in almost all cases, the children take the drink with a smile. This is where some universally recognisable drinks, that are perhaps most well known for their stand-up pouch packaging, beat other beverages on offer.

    Mrs Allero Ike, a housewife, who wants the best for her children, said her children’s school bags are not complete without their daily intake of their favourite fruit juice. “My children know what they want. If they want the best, they know what it is and I cannot give them what is close to the best. Nobody can fool them, they always ask for their favourite drink,” she said.

    The excitement of Gbemi, Mrs. Oladele’s four-year-old daughter, sighting her mother picking her favourite drink from the shelf in a supermarket last weekend, was a sight to behold. She confessed that the little girl will give her no rest if she failed to include the fruit drink in her purchases. “She loves the drink and I enjoy buying it for her because of its natural taste and as a supplement for her healthy development,” she said.

    Understandably, competition for patronage by operators in the sector is fierce. But in an increasingly health conscious world, consumers will only choose to buy the best. The brands that will ultimately survive the contest for consumer loyalty will be the ones with quality products manufactured locally, using world-class technology.

    Nevertheless, there are significant differences in their offerings, which define the competition and their respective performance in the marketplace. Many of the brands mentioned are a mixture of synthetic materials and natural ingredients.

    Nutritionists say some beverage drinks contain 100 per cent fruit ingredients that add to vitality and healthy growth of the child. This quality has naturally endeared such brands to discerning mothers.

  • 12 years after, Computer Village elects officers

    Twelve years after its establishment, the popular multi-billion naira Computer Village in Ikeja, Lagos, has conducted an election for the first time.

    The Electoral Commission of the umbrella body of the traders in the market, Computer and Allied Products Dealers Association (CAPDAN), conducted the election to fill the posts of President, Vice President, Secretary and 11 other executive positions of the market union.

    The election result, which was announced at about 10:00 pm same day, saw Ojikutu Adeniyi emerging as president, pulling 991 votes to defeat his opponent, Oluwunmi Debayo, who scored 22 votes.

    The third contestant for the position of president, who happened to be a woman, Adenike Shittu, made a last minute withdrawal.

    Also victorious in the election were Boniface Ana, Vice President; Jerry Mba, Secretary; Shedrack Egbule, Assistant Secretary; and Olaifa Davis Ademola, Public Relations Officer.

    Others are Ibadia Presly, Assistant Public Relations Officer; Chukwudi Okoye, Financial Secretary; Okuwobi Kunle, Chief whip; Olabamiji Muritala, Organizing Secretary, Tunji Adeoye, Social Welfare and Jeje Johnson Oluwaseun, Treasurer.

    Also, elected was Ezimoha Jude, who won the Assistant Chief Whip position.

    The only position occupied by a woman was Auditor, won by Mrs Idayat Lageda, who remarkably won the position despite contesting as the only woman in the executive with seven others who were returned unopposed as ex-officio.

    The election was described by many as free and fair though some claimed that the office of the chief whip was keenly contested more than others on account of alleged interest by a major stakeholder in the market.

    The Chairman of CAPDAN electoral commission, Cletus Dike, while declaring the winners expressed joy that after over 12 years without elected leaders, they have written their names and that of the computer village in the annals of history.

    He thanked the Lagos State Governor, Akinwunmi Ambode, and the Ministry of Civic Engagement, and urged the winners to be magnanimous in victory by closing ranks with all to move the computer village forward.

    Chairman of Heads of Plazas in computer village, Andrew Okwara and the Chairman of elders at the market, Joseph Nnaji, expressed satisfaction with the efforts of the electoral committee in giving the market a credible election for the first time.

    He commended the traders for their peaceful conduct during the elections regardless of all odds and expressed the group’s willingness to cooperate with the newly elected leaders to help them succeed.

    CAPDAN President-elect, Ojikutu Ahmed, extended his hands of fellowship to all and close rank with to build a computer village that will be the envy of all.

    Senior Special Assistant to the Governor on Community Affairs, Tajudeen Quadri, led the state government delegation to the election.

    With the coming of the new executive body, it is expected that the computer village, which is described as the biggest ICT hub in the African sub region, would attract many more ICT investors into the market. This, many believe would not only speed up economic activities, but boost revenue generation for the government.

  • Infinix unveils 1st lifestyle smartphone ‘HOT S’

    Infinix Mobility Nigeria has  launched its first lifestyle smartphone series, ‘HOT S’, which is already selling on popular online retail store, Jumia and at all SLOT stores nationwide.

    It features eight mega pixel (MP) front camera and 13 MP back camera, finger print recognition, XOS & Magic Movie, among others.

    The latest smartphone is themed: ‘Fingerprint your selfie’, with focus on how the brand has created an excellent photography device for users, with effortless selfies, using finger print scanner with its front camera.

    The brand prides itself in these key features, combined with filters and camera effects to make the Infinix HOT S the perfect lifestyle smartphone.

    The smartphone also comes with a beautifully crafted new user interface ‘XOS chameleon’on Android 6.0 Marshmallow Operating system.

    It also makes for a handy fashionable accessory, as it comes in five refreshing colors with 5.2 inch HD screen, metallic sleek body and a glass panel.

    The new smartphone is also for professionals who are looking to ditch the big camera for a cooler techy accessory, as the camera feature also offers dual-LED 1Ah flash and is DSLR Compatible. Users can also create short videos in different edited settings with ‘magic movie,’ giving them the best lifestyle gadget experience with Infinix HOT S.