‘‘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 … Revenge! 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). This is because the entire management and staff share in my vision for the company and they have reposed huge confidence in me. Fraud a persistent threat to Nigeria’s e-commerce industry At the end, what was once an idea is turned to a reality. We are the first to combine a world class e-commerce platform with an offline chain of retail stores. 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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. In 2018, he led Yudala under the Zinox Group to acquire Konga. label Prince Nnamdi Ekeh bookmark sectors keyboard_arrow_down. 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). 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. 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”. At his young age, you would expect to encounter a coy, if timid, youth but never. Prince Ekeh was speaking to CNN Marketplace Africa […] flag Locations keyboard_arrow_down. 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. 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. ‘‘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. The long-term vision is to have a Yudala store in every local government headquarters in Nigeria. Men like Bill Gates, Mark Zuckerberg, Michael Dell among others are dreamers; same as Apple founder, the late Steve Jobs. 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. He has undertaken Senior Management Programmes and International Business and Economics trainings at Lagos Business School, Nigeria and Harvard University, USA respectively, among several others. This is because we take responsibility for every item purchased from our website or Experience stores nationwide. Significantly, there is an Igbo adage that tends to lay credence to the fact that an individual is found by his or her name and it was not … The merger also takes effect on the 1st of May 2018. Upon arrival at the airport, Babatunde who received a red carpet reception, was welcomed to the airport by Co-Chief Executive Officer, Konga Group, Prince Nnamdi Ekeh. The direct implication of this is that staff strength is certainly going to witness a huge leap from the current figures. ... Innocent Mannix Ekeh… Prince Nnamdi Ekeh, Konga Co-CEO. Nnamdi Ekeh is on Facebook. 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 Co-Chief Executive Officer of Konga, Prince Nnamdi Ekeh in a chat with global news medium, Cable News Network (CNN). keyboard_arrow_left. 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. search Search person. That passion has driven him to turn what was once a concept in the head into a job-creating, wealth-producing enterprise. keyboard_arrow_left. AIICO Insurance Plc. A few months ago, there was a major disruption in the e-commerce sector in Nigeria with the announcement from the Zinox Group that it had acquired Konga. 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. 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.. Feedback-wise, I think I did well especially considering the glowing words received from attendees and the media”. 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. 2,177 Followers, 1,054 Following, 51 Posts - See Instagram photos and videos from Prince Nnamdi Ekeh (@mryudala) Prince Nnamdi Ekeh, Vice President. I also learn a lot from everyone in the organization: right from the man at the gate to the most senior person. 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. Prince Ekeh was speaking to CNN Marketplace Africa on the sidelines of the first Creative Africa Exchange weekend. 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. History, they say, belongs to dreamers. 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. 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. 2,177 Followers, 1,054 Following, 51 Posts - See Instagram photos and videos from Prince Nnamdi Ekeh (@mryudala) 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. Shola Akinlade Cofounder / CEO at Paystack Nigeria. For Ekeh, this is a challenge but in that challenge he spots opportunity. The event was held in Kigali, Rwanda from the 16th-18th January 2020. Don Jazzy Founder/President Mavin Records Nigeria. 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. 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). 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. 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. He talks with self-assured confidence, and a clear perspicacity of the undercurrents in the marketplace. Unassuming and smart, the young Prince Nnamdi was entering the store while I and other customers were about leaving the place. 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. We are proudly pan-Nigeria yet richly spiced with African and global news. He refused to walk in anyone’s shadow, insisting he is out to break new frontiers and better existing paradigms. He is an unrepentant apostle of innovation as the best strategy to outsmart the competition and he brought that to bear on the operations of Yudala Online. Prince Nnamdi Ekeh. 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. The foregoing was disclosed by Co-Chief Executive Officer, Konga Group, Prince Nnamdi Ekeh. An Economics graduate of the University of Lancaster, young Ekeh also holds a certificate in International Business and Economics from Harvard. The Konga CEO was one of the speakers at the event which brought together over 1500 participants from 68 countries and over 250 exhibitors. Semi finale! All posts tagged "Prince Nnamdi Ekeh" Business 4 months ago. The Yudala brand entered the market with a grand strategy of class, colour and peerless service delivery and customer care. AIICO Insurance Plc. This model immediately sets us apart from competition. 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. 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. In the face of these odds, Ekeh is working at making e-commerce a major public relations tool for Nigeria. Prince Nnamdi Ekeh, Vice President. Recently, Ekeh was a resource person (the youngest) at the 2015 Access Bank Leadership conference where he dazzled the audience with his brilliance and knowledge of the dynamics of global economics.. 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. WATCH NOW. 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. The company was an online and retail chain with ambitions of becoming the market leader in trade and commerce in Nigeria and beyond. Prince Frederick Michaels wrote, "The commands you have given shall stand firm, and we'll support. Prince Nnamdi Ekeh. Konga, Nigeria’s leading composite e-commerce giant, has gone a long way to spread festive cheer among its teeming customers. “I believe the e-commerce sector in Nigeria will become a multi-billion dollars industry in the near future. ABOUT US. 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. 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. 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. I am pleased to see that Prince Ekeh and his colleagues have not taken for granted the opportunity given to them by Mr. Ekeh. He believes in the uniqueness of the Yudala brand compared to existing outposts in the same business. search Search person. 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. Furthermore, you are guaranteed peace of mind when you shop on any of our platforms. Prince Nnamdi Ekeh. Meet Prince Nnamdi Ekeh, the 23-Year-Old Yudala ... 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Prince Ekeh graduated from Lancaster University in the U.K. with a bachelor of arts degree in economics and politics in 2014. label Prince Nnamdi Ekeh bookmark sectors keyboard_arrow_down. It is therefore no surprise that it has surpassed the competition in Nigeria and already setting sight at conquering the continent. The foregoing was disclosed by Co-Chief Executive Officer, Konga Group, Prince Nnamdi Ekeh. 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. 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. 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. 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. My visit to Konga store also afforded me the opportunity to meet with the Konga CEO, Prince Nnamdi Ekeh for the first time. 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. Apart from the foregoing, we are also the first e-commerce company to take the relationship with the customer beyond the closure of a sale as we offer after-sales support and All Risks cover (except theft) on every product bought from us”. “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. 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. What the continent has seen prior to our entry was at best a window-dressing. 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. 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. 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). Prince Nnamdi Ekeh is the co-chief executive officer of Konga. Written and composed by Excelrhymez. The … 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. 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. I was quite familiar with the pioneering moves my father had made in e-commerce with Buyright Africa which was an idea ahead of its time as there was a glaring human capital deficiency at the time. His goal is to aggressively drive Konga to the summit of Africa e-commerce. 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. 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. The first deal under AfCFTA gets under way as negotiators adapt… Prince Nnamdi Ekeh CO-CEO @ Konga Nigeria. Born into a lineage with rich entrepreneurial history, his business and management skills belie his age. Shola Akinlade. In 2018, he led Yudala under the Zinox Group to acquire Konga. 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 … Foremost retail giant, Konga has invested well over $120m since it was acquired two years ago in Nigeria alone and now strategically structured to take on other African countries. Konga, Nigeria's largest online mall and Yudala, Africa's pioneer composite e-commerce company have officially announced a merger of their operations The foregoing was disclosed by Co-Chief Executive Officer, Konga Group, Prince Nnamdi Ekeh. business Companies keyboard_arrow_down. He returned home to Nigeria and began working on Yudala. 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. — Ugo Obi-Chukwu (@ugodre) April 15, 2018. We promote free enterprise and act as a catalyst for the growth of knowledge economy. 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. ABOUT US. Prince Nnamdi: Father you ordered for the entire kingdom of EKEH to be wiped out. Entrepreneurship and an affinity for tech is in Ekeh… History, they say, belongs to dreamers. “We have a clear road-map which will see Yudala become the largest composite retail platform in Africa in the next five to ten years. At just 23, Ekeh exudes a rare self-confidence and self-belief. Born into a lineage with rich entrepreneurial history, his business and management skills belie his age. The report took many by surprise as Konga was considered a much bigger outfit, with deeper market ties, compared with Zinox’s Yudala. OKU and EKEH are brothers, we’ve lived in peace and harmony for years. At the end, … I was also motivated by the need to innovate and offer the consumer more options, hence the Yudala composite retail revolution which fuses a real-time e-commerce platform with mega Experience Stores located in major cities”, he recalls. Nnamdi Ekeh is CEO:Offline at Konga Online Shopping Ltd. See Nnamdi Ekeh's compensation, career history, education, & memberships. Join Facebook to connect with Nnamdi Ekeh and others you may know. 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. Debrecen looks like africa and not europe. 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. “It has been very interesting, I must confess. 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). Business News 3 years ago. Political Economist is a liberal news magazine with global affiliations. As soon as he entered, he greeted all of us warmly and asked about our welfare. It's time for listen to Young Adults share in an insightful manner in this edition of Young Adults on The NOW Show. 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). flag Locations 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. 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 … 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. Nina? In Nigeria, a nation notorious for cybercrime perpetrated by a few disgruntled individuals, online retail and e-commerce suffer. To be continued! 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. The foregoing was disclosed by Co-Chief Executive Officer, Konga Group, Prince Nnamdi Ekeh. He explains: “Yudala is unique in the sense that we are the first true composite retail platform in Africa. 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 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. She knew the King’s enemies was increasing by the day. 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 was humbled by the opportunity. 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. Oluwaseun Runsewe. In an e-world puckered by identity fraud and sundry cybercrime, trust is a valued asset. I keep an open mind and always take away something new, a learning point from every encounter with every individual. Konga, Nigeria’s leading composite e-commerce giant, has gone a long way to spread festive cheer among its teeming customers. 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.. “Yudala was a vision which I began nursing in my penultimate year in the University of Lancaster. He is also a recipient of Icon of Human Transformation Award by the National Association of Nigerian Students, among other awards. 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. He has vast experience in business development, customer service support, sales and marketing with avid passion for customer growth. To this end, Konga’s co-Chief Executive Officers, Prince Nnamdi Ekeh … Prince Nnamdi Ekeh. He remembers the beginning: “I was about 19 then and was still in school when the idea of Yudala came. Revenge! 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Of scammers who undermined platforms and short-circuited operational processes of organisations just to.. Sidelines of the palace reigning insults on Odogwu, causing and swearing for him as they left this! We also saw a great degree of success with our other promotions including the Mid-Day Madness sales marketing... Scammers who undermined platforms and short-circuited operational processes of organisations just to defraud that we are the first Africa... To Nigeria and began working on Yudala Konga spots new logo to reflect merger with Yudala the Yudala brand the. Reflect merger with Yudala rich entrepreneurial history, his business and Economics from Harvard with self-assured,. Officers, Prince Nnamdi Ekeh bookmark sectors keyboard_arrow_down trust is a liberal news magazine with global.... The direct implication of this is a challenge but in that challenge he spots opportunity major! Wiped out knew the King ’ s Co-Chief Executive Officers, Prince Nnamdi ''! Lived in peace and harmony for years kingdom of Ekeh to be wiped out was... Was speaking to CNN Marketplace Africa on the sidelines of the first Creative Africa Exchange weekend and. Speakers at the gate to the most senior person from early life he has experience. Must confess, `` the commands you have given shall stand firm, and we 'll.. To them by Mr. Ekeh s leading composite e-commerce giant, has gone a long way spread... Also saw a great degree of success with our other promotions including the Mid-Day Madness and... His goal is to have a Yudala store in every local government headquarters in Nigeria will become multi-billion. Endowed with multiple talents and from early life he has vast experience in business development customer...

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