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Home Blog Page 5086

Welcome Ecommerce Startup, ShopAHome, to Tekedia Mini-MBA

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Good People, join us and welcome ShopAHome team to Tekedia Mini-MBA. ShopAHome.com is an ecommerce & emarketplace company, making it possible for people to shop great products right from their homes, offices and digital ecosystems: “Ours is a pure multi-vendor marketplace where customers make orders on our website, we will process, ship/ release products through our appointed courier partners (currently we have APIs with Fedex and DHL). We went live in August 2020 and already have almost all the big and known brands in the country in our books.” We invite you to explore this startup for your next purchase.

—Press release from the firm ——–

SHOPAHOME.COM – Nigerian Next Big Online Market Place, Serving Globally

Shopahome is a Global E-commerce company by structure and target operations as well as in startup activities. Shopahome’s desire is to help increase wallet shares in the growing market with increased online sales, by encroaching into the untapped corners of developing countries like Nigeria, especially as developing countries begin to accept the new norm and the general population begin to realize the benefit of shopping from the comfort of our homes; a culture the rest of the world has adopted with attendant values. Shopahome is poised to grow as people begin to imbibe this culture, while it hopes to match and sustain International standards and best practices as well as position for global business.

This will involve competing with the global giants. It’s a feat and a vision birthed by an astute Banker who has grown businesses from zero to Billions, Augusta O. Anyanwu-Egbom, though manned by Industry giant brains fetched from among the current leaders in the market. This makes the startup an interesting business to watch closely. The E- Commerce business is operating under a trade name – Shopahome …My Errand Gurus, approved by the Federal Ministry of Trade and Investment in 2020.

The uniqueness of this company is in their errand license which makes them commit to fetch for their customers anything at all even when it is not yet on display on their website. AUSTOLA INT’L LTD is the corporate owner of the Shopahome trademark. Austola Intl’ is a company incorporated in Nigeria and in the United States as AUSTOLA INTERNATIONAL LLC being one of the defining factors of any global business. The company has both Nigerian and the US Government approvals to carry on the business of general contracts, supply of all kinds of goods and services, general merchandise, procurement of all sorts of goods, export and import trading, marketing, sales and distribution of general goods and services, commission agents, manufacturer’s representatives, E-Commerce, export promotion, advertising and logistics services etc.

Explaining further on the readiness of the business to serve global customers, the Group Head and Company’s Managing Director, Jubril Ahmadu said the company is poised to use the opportunity to project vendors’ products for increased patronage and in collaboration with some institutions who do bulk purchases which could add more value to sales turnover / patronage of vendors’ products while giving special attention to the B2B / B2C sales windows.

“Ours is a pure multi-vendor market place where customers make orders on our website, we will process, ship/ release products through our appointed courier partners (currently we have APIs with Fedex and DHL). We went live in August 2020 and already have almost all the big and known brands in the country in our books. The rest of the work would be to keep the path of strong foundation through our Management and staff support, create publicity about us using the necessary tools. We already have Social Media / Marketing Team in place to enshrine our brands in the minds of the public as well as Call Center Agents dedicated to excellent service delivery, who follow through on our customers and prospects while building trust which is vital in the online market place”.

Shopahome has built a strong technology base that would optimally serve their growing community in Nigeria and in Diaspora.

Shopahome.com is that market place calling for our watch. Visit Shopahome.com or call 01888SHOP for more.

 

Tekedia Capital Portfolio, Edekee, Getting Ready to Launch in Lagos

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Edekee makes it possible for you to buy what you see on video without a need to leave the frame. See it, pause and buy. Those shoes, books, laptops, etc. Tekedia Capital was the first institutional investor in Edekee.  The company will attend the IOT West Africa conference and exhibition taking place on the 21st- 23rd of June in Lagos, Nigeria as it gets ready for full launch.

Business owners, manufacturers, and content creators: connect with Paul Onaodowan, and Mavino Michael and see how Edekee can help your business mission. They are building a native video-shopping system which will make it possible for Nollywood movies to include your products, so that as people watch the movies, they can pause them, and buy your products.  How many times have you seen those nice products, in videos, and you wish you could buy them right away? Edekee will fix that friction using their US-patent pending technology.

Tekedia Capital >> making friends with the best innovators. Join our syndicate and help to support the companies of the future.

 

Sentenced to perform community service

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In our criminal justice system, there is a place for sentencing an offender to perform community service instead of sentencing him/her to serve a jail term or pay a fine. 

Community service is a type of alternative sentencing that has been approved or upheld to be effective in the criminal justice system around the world. Instead of sentencing an offender to serve a jail term or pay a fine, the court can sentence the offender to perform community service for the benefit of the aggrieved community especially when the offense committed by the offender is not “a very serious” one or a low-level crime.

The court has the discretion as to what community service they can order the offender but the sentence must bear some relationship to the crime.

A judge can order community service in addition to, or in lieu of, other sentencing options, such as imprisonment, fines, probation, or restitution.

For instance,  A person charged with driving against the traffic can be sentenced to be a traffic warden and control traffic for a period of time as community service instead of being sent to jail or asked to pay a fine.

Community service may not be as popular in Nigeria as it is in the western world but there’s a provision for a judge to order an offender to carry out some community service like sweeping the highway, cleaning public spaces, working in public institutions without pay instead of being sent to jail or asked to pay fine. It is provided for in the Nigerian criminal justice system. For instance, in Nigeria, an internet fraudster was recently sentenced to sweep and clean a church in Abuja as a lesser punishment for the fact that the offender pled guilty and has shown remorse for the crime of internet fraud he was charged with, also Funke Akindele, the popular Nollywood producer/ actress was in 2020 sentenced and ordered to sweep and clean up a public place for some time as a punishment for her violating the covid 19 lockdown rule at the peak of the Covid 19 pandemic.

The determining factor before an offender is ordered to carry out a community service is that the offense must be a “not so serious” offense. Community service can not be ordered for a capital offense or some other serious offense like armed robbery or kidnapping and the community service is ordered so as to benefit the society that was offended by the act of the offender. 

Community service is typically unavailable for serious offenses punishable by death or life imprisonment.

Most importantly, Community service is ordered for the benefit of the aggrieved community. For example, a person that is caught littering an environment may be ordered to sweep the area for a particular period of time.

In the western world where it is mostly adopted, an offender may be sentenced to work at an animal shelter or a homeless shelter, assist in road cleanup, or give speeches at schools or to groups aimed at showing the dangers of the behavior involved in the crime. 

Peter Obi and Rabiu Kwankwaso Exploring Coalition for Nigeria 2023 Presidential Election

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It is official: Peter Obi and Rabiu Kwankwaso are exploring a potential coalition which will make their two parties – Labour Party and New Nigeria People Party (NNPP) – come together. Apart from Buhari and maybe two other people in the North, Kwankwaso has unrivaled electoral value. When he moves, political battalion follows: “It is true we are in talks with Peter Obi and a committee is working to look into how to form a merger between us. Friends and family are being up and doing talking about the merger arrangement,” Mr Kwankwaso.

If this happens, this will become an offensive playbook, not just defensive. The implication will be that NorthWest opens up for the duo. They already have the largest geopolitical zone in Nigeria – the YOUTH.

A real merger is not possible due to  timing; it is too late to dissolve or form a new party now for the 2023 elections. But they can have a coalition where the two parties decide on who to vote for in each contest.

If INEC keeps this game free and fair, Nigeria can have a great 2023. APC is strategizing. PDP is doing the same thing. NNPP/LP combo are possibly coming together. May the best vision win for Nigeria!

(Meanwhile, Obi and Tinubu have selected, respectively, Doyin Okupe and Kabiru Masari as vice presidential placeholders. PDP, we believe, has actually made the final decision on Delta State’s governor, Okowa)

The presidential candidate of the New Nigeria People Party (NNPP), Rabiu Kwankwaso, on Saturday, said his party is discussing with the Labour Party and its presidential candidate, Peter Obi, on the possibility of forming a coalition for next year’s general election.

“It is true we are in talks with Peter Obi and a committee is working to look into how to form a merger between us.

“Friends and family are being up and doing talking about the merger arrangement,” Mr Kwankwaso added.

The merger is important because as you can see both the ruling All Progressives Congress (APC) and the opposition Peoples Democratic Party (PDP) did not pick their running mates from the South-east, Mr Kwankwaso said.

Mr Kwankwaso’s NNPP has a large following in the north of the country, particularly the north-west while Mr Obi recently defected from the PDP and joined the Labour Party. He has endeared himself to large youth following in the south of the country.

Tesla, SpaceX and Musk Sued for $258 Billion by A Dogecoin Investor

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As the cryptocurrency market takes further pounding, resulting in heavy losses that have seen its capitalization dwindle from $3 trillion to $1 trillion, investors caught in the turmoil are regretting betting their money on the asset. Seeking reprieve, one is taking a legal step against Elon Musk, SpaceX and Tesla for fraudulently promoting Dogecoin.

Keith Johnson is suing Musk and his companies for $258 billion over claims they are part of a racketeering scheme to back the cryptocurrency Dogecoin. Musk had last year, touted Dogecoin, repeatedly referencing the coin on Twitter, shooting its price up as investors poured their money into it.

Dogecoin rose nearly to $0.74, and Musk referred to himself as the Dogefather. Now, the crypto market downturn has erased the gains and calmed the frenzy. Dogecoin has dropped 67% this year to about $0.5, and investors who were motivated by Musk’s tweets to buy the coin are looking for something to hold on to.

The lawsuit claims Musk and co. constituted an illegal racketeering enterprise to inflate Dogecoin’s price, and defrauded Johnson and others through their “Dogecoin Crypto Pyramid Scheme.”

“Defendants falsely and deceptively claim that Dogecoin is a legitimate investment when it has no value at all,” Johnson said in his complaint, filed Thursday in federal court in Manhattan.

“Since Defendant Musk and his corporations SpaceX and Tesla, Inc began purchasing, developing, promoting, supporting and operating Dogecoin in 2019, Plaintiff and the class have lost approximately $86 billion in this Crypto Pyramid Scheme,” the complaint added.

The case is Johnson v. Musk, 22-cv-05037, US District Court, Southern District of New York (Manhattan).

Johnson, seeking to represent a class of people who have lost money trading in Dogecoin since April 2019, is asking for triple damages of $86 billion, in addition to triple damages of $172 billion, as well as an order blocking Musk and the companies from promoting Dogecoin, and declaring that Dogecoin trading constitutes gambling under US and New York law. The plaintiff alleges that the said amount is how much that has been lost by Dogecoin investors since Musk first started tweeting about it.

Crypto investors have watched billions of dollars of their investment evaporate as mass selloff triggered by the market’s accelerating downturn plummets assets. The lawsuit is believed to signal desperation by investors to hold on to something as consolation, even if it means scapegoating someone.