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ENYO Launches Velox Digital Fuel Management Solution

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As part of its efforts to leverage technology to revolutionize Nigeria’s downstream sector, leading fuels retailing company in Nigeria Enyo retail and supply has launched Velox card an automated fleet and fuel management solution to offer customers convenience and the ability to control their fuel and energy purchases.

Velox is a wallet-based payment solution accessible to corporates and individuals through a dedicated card or sticker and is specifically designed to bring ease, transparency and control of purchases within Enyo’s products and services portfolio. 

Speaking at the media parley, Chief Executive Officer (CEO) ENYO Retail and Supply, Abayomi Awobokun said, “ENYO Retail was established in 2017 as a technology focused fuels retailing company to meet the growing energy needs of Nigeria. We have a goal of utilizing technology to transform the downstream petroleum network in Nigeria and this was the logic behind Velox”.

 “We want our customers to be in control of the fuel purchasing process and their expenses as simplifying the customer experience is at the heart of our efforts. At ENYO, we will seek channels to improve upon and constantly innovate to ensure overall convenience and satisfaction for our customers across Nigeria” He said.

Also speaking Corporate Development Lead, ENYO Retail and Supply, Olabanjo Alimi said, “Velox was conceived out of the need to create a gateway to the ENYO ecosystem of products and services by leveraging a convenient and controlled technological solution. Last year, our pilot scheme which was launched successfully demonstrated the pertinence of this solution and its prospective value to customers. Velox has proven to be a safe, simple and convenient way of managing not only one’s fuel expenses but also purchasing other products and services provided by Enyo fuel stations across Nigeria”.

“Assuring a safe experience for customers, Velox is secured with data encryption technology to protect customers’ information and funds from unauthorized access. This is in addition to customer’s PIN to deliver an extra layer of protection. The Velox system also allows automatic communication between customer’s Velox account & card, the Velox POS as well as the dispensing pump for very minimal human intervention in the fueling process hereby reducing human error and theft.”

“With Velox, Enyo’s customers can now experience a simpler and smoother process with access to all their transactional information along with frequent invoicing and monthly statements either on the Velox platform or emailed to them. In addition, they’re supplied with a comprehensive transaction history that details vehicles fuel consumption and route costs. This details information such as the service station used, date, time of purchase and odometer reading. Most importantly, it provides alerts to any purchases that customers have not pre-approved in their customized selection. ”

Furthermore, customers can select their preferred payment option for Velox wallet funding including Bank Transfer, USSD, Debit Card and Internet Banking. In addition to the benefits of Velox, customers are able to earn ENYOThankU loyalty points whenever a purchase of Enyo’s product or service is made online or physically. Velox is currently available at designated Enyo Service Stations across 12 states including Lagos, FCT, Ogun, Oyo, Rivers, Benue, Cross River, Delta, Enugu, Imo, Kaduna, Niger – and as part of its expansion plans, the company aims to deploy Velox across all its service stations in Nigeria.

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Africa’s Smartphone Market Surpasses Feature Phones for the First Time in Q1 2024

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Africa’s smartphone market showed remarkable resilience in the face of macroeconomic challenges and forex issues in Q1 2024, with shipments increasing 17.9% year on year (YoY) to reach 20.2 million units.

That’s according to the latest insights from International Data Corporation (IDC), with the firm’s newly released Quarterly Global Mobile Phone Tracker showing that feature phone shipments declined 15.9% over the same period to total 18.8 million units. This marks the first quarter where smartphone shipments have surpassed feature phone shipments in Africa, highlighting a clear transition toward smartphones across the region.

“South Africa experienced healthy YoY growth in Q1 2024, driven by the rising popularity and availability of competitively priced Chinese brands with advanced features,” says Arnold Ponela, a senior research analyst at IDC. “Meanwhile, Nigeria saw robust growth fueled by the success of Transsion brands and Xiaomi, particularly in the entry-level segment, which significantly boosted shipments. Kenya further strengthened its position as the third-largest smartphone market in Africa in Q1 2024, with innovative financing models like Mkopa driving sales growth.”

In Q1 2024, Transsion brands (Tecno, Itel, Infinix) maintained their leading position in terms of smartphone market share, driven by their compelling entry-level device portfolio tailored to the African market. However, Samsung and Xiaomi gained market share on the previous quarter, driven by mid-range ($200<$400) models. Overall, shipments of smartphones in this price range increased in Q1 2024, while shipments of <$100 devices declined, indicating a growing consumer preference for feature-rich models.

Looking at 2024 as a whole, IDC expects Africa’s smartphone market to see shipments increase 5.7% YoY, with a sustained upward trajectory for the next five years. “Africa remains a market with a high share of feature phones, although they are expected to gradually decline as the transition to smartphones gains momentum,” says Akash Balachandran, a research manager at IDC. “This shift, coupled with rising demand, will be the key driver of overall growth in the smartphone market. Persistent inflationary pressures and escalating macroeconomic uncertainties may cause short-term fluctuations but will not impede the long-term transition.”

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Konga Partners Samsung to Offer Shoppers Free Delivery & Installation on Electronics Products

This development is bound to add an extra kick and special flavour to the Samsung Brand Day, an exclusive one-day sale of Samsung products on the Konga website scheduled for Tuesday, June 13, 2023.

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Konga, Nigeria’s leading composite giant has partnered with Samsung, a multinational manufacturing conglomerate to offer shoppers free delivery and installation as well as free installation kits when they purchase any of the Samsung Consumer Electronics products on Konga.

This exciting offer is part of activities for the month-long Konga Mid-year Shopping Festival, a hugely popular annual sales fiesta, which kicked off on the 30th of May and ends on 30th of June, 2023.

Through this incentive, shoppers on the Konga platform can now have their Samsung Electronics products delivered at no cost, in addition to having certified technicians handle the installation at their residence free of charge. This offer covers items such as Samsung TVs UHD 65′ & above and QLED 55′ & above; all Samsung Air Conditioners; Samsung Washing Machines Front Loaders 6kg & above and Samsung Refrigerators Double Door (300Ltrs & above), Side by Side, French Doors and Be-Spoke. Furthermore, customers will receive free installation kits for Samsung TVs and Residential Air Conditioners as part of this offer.

Also adding to the excitement is the option of same day delivery for all ordered items through KongaNow, an unprecedented initiative pioneered by Konga in May 2013. KongaNow addresses the twin problems of fake products and delayed deliveries by ensuring that verified products are delivered to shoppers within one to six hours, provided orders are placed before 2pm. Any item labelled KongaNow on the Konga website is entitled to same day delivery in Lagos and Abuja. Shoppers in other cities will also enjoy fast-tracked delivery, although with slight delays owing to logistics reasons.

This development is bound to add an extra kick and special flavour to the Samsung Brand Day, an exclusive one-day sale of Samsung products on the Konga website scheduled for Tuesday, June 13, 2023.  For the Samsung Brand Day, shoppers are set to enjoy special pricing and discounted deals on various Samsung products cutting across its Mobile Phone range and accessories as well as Consumer Electronics such as TV sets, AirConditioners, Refrigerators and Washing Machines, among others. The exclusive Samsung Day sale will kick off in the dawn hours of Tuesday, June 13 on the website – www.konga.com, with early bird shoppers expected to take advantage of the limited quantities on offer.

The 2023 edition of the Konga Mid-Year Shopping Festival, launched last year by the e-Commerce giant, has continued to attract huge interest and excitement among bargain-hungry shoppers, with Konga offering best prices and special deals for genuine products from a wide range of leading manufacturers across categories, enabling shoppers save big on their purchases.

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Samsung Launches New Galaxy A24 LTE In Nigeria

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Samsung Electronics Nigeria said the newest edition of the popular Galaxy A series will give telephone users more options to stay connected and enjoy a remarkable mobile experience.

The electronics giant said the new Galaxy A24 LTE comes packed with amazing features and a clear mission to redefine awesome through a brilliant display, a brand-new design and a camera that shoots sharp and steady.

It said the device comes with a large storage capacity that allows you to safely keep your important documents, music, apps, downloads and collection of all your life’s special moments captured in pictures and video.

The Galaxy A24 LTE boasts the latest software in Samsung’s One UI 5.1, built-in memory of 4 or 6GB of memory and 128GB storage that is expandable by up to 1TB with MicroSD1.

According to the company, the device comes with Galaxy’s signature design language that is inspired by Samsung’s flagship line. From the back of the phone, the improved design sports a glossy finish and prism pattern back cover with a refined and polished camera deck.

The optimized ratio between the corner and the camera modules gives the phone a sophisticated look while the no camera housing is straight out of the apex Galaxy S series design playbook.

The phone’s sleek and premium design is complemented by its exquisite flat body pattern. Moreover, you can stand out with one of the phone’s three beautiful colors that include black, silver and light green.

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